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These days, finding an affordable place to live in the Palmyra area can be challenging. Home prices in Palmyra are now at a median cost of $206,157, higher than the Ohio average of $181,280.
The average cost of rent is $751/mo in Palmyra, primarily driven by the current value of real estate in the Palmyra area. While nearly 31.30% of residents own their homes outright in Palmyra, 6.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmyra is $7,300 per month. Households that rent pay about 10.29% of their income on rent here. Palmyra's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Diamond, OH: equally priced homes
- Wayland, OH: less expensive homes
- Yale, OH: less expensive homes
- Deerfield, OH: less expensive homes
- Craig Beach, OH: less expensive homes
- Lake Milton, OH: less expensive homes
- McClintocksburg, OH: less expensive homes
- Charlestown, OH: less expensive homes
- Rootstown, OH: less expensive homes
- Driftwood, OH: equally priced homes
Cities with Similar Populations
- Irvington, WI: equally priced homes
- Haydenville, OH: less expensive homes
- Heron Lake, MN: less expensive homes
- Homeland, GA: less expensive homes
- Honey Lake, WI: higher priced homes
- Hot Sulphur Springs, CO: higher priced homes
- Hoyleton, IL: less expensive homes
- Husser, LA: equally priced homes
- Iaeger, WV: less expensive homes
- Ila, GA: less expensive homes
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