
Expensive
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These days, finding an affordable place to live in the Phalanx area can be challenging. Home prices in Phalanx are now at a median cost of $159,984, lower than the Ohio average of $236,816.
The average cost of rent is $738/mo in Phalanx, primarily driven by the current value of real estate in the Phalanx area. In Phalanx, 9.78% of households rent, and 45.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Phalanx is $5,476 per month. Households that rent pay about 13.48% of their income on rent here. Phalanx’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Southington, OH: higher priced homes
- Windham, OH: equally priced homes
- Nelson, OH: higher priced homes
- Garrettsville, OH: higher priced homes
- Leavittsburg, OH: less expensive homes
- Newton Falls, OH: equally priced homes
- McClintocksburg, OH: higher priced homes
- Morgandale, OH: higher priced homes
- West Farmington, OH: higher priced homes
- Lordstown, OH: equally priced homes
Cities with Similar Populations
- Teboville, NY: higher priced homes
- Fosters Corner, ME: higher priced homes
- Franklinton, GA: less expensive homes
- Franks Mill, VA: higher priced homes
- Futheyville, MS: less expensive homes
- Gallatin, AR: higher priced homes
- Swallowfield, KY: higher priced homes
- Sweet, ID: higher priced homes
- Sweetland Center, IA: higher priced homes
- Swift, TN: equally priced homes
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