Expensive
Affordable
Affordable
Colorblind friendly
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These days, finding an affordable place to live in the Payne area can be challenging. Home prices in Payne are now at a median cost of $132,600, lower than the Ohio average of $236,816.
The average cost of rent is $798/mo in Payne, primarily driven by the current value of real estate in the Payne area. In Payne, 20.74% of households rent, and 39.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Payne is $6,298 per month. Households that rent pay about 12.67% of their income on rent here. Payne’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Worstville, OH: higher priced homes
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- Latty, OH: equally priced homes
- Woodburn, IN: higher priced homes
- Haviland, OH: equally priced homes
- Scott, OH: higher priced homes
- Paulding, OH: equally priced homes
- Tillman, IN: higher priced homes
Cities with Similar Populations
- Austinburg, OH: higher priced homes
- Talty, TX: higher priced homes
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- Continental, OH: higher priced homes
- Cheswold, DE: higher priced homes
- Candia, NH: higher priced homes
- Caledonia, OH: higher priced homes
- Burlison, TN: higher priced homes
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