The Most Affordable Neighborhoods in Ransom, OH by Home Value

These days, finding an affordable place to live in the Ransom area can be challenging. Home prices in Ransom are now at a median cost of $190,008, lower than the Ohio average of $236,816.

The average cost of rent is $790/mo in Ransom, primarily driven by the current value of real estate in the Ransom area. In Ransom, 20.54% of households rent, and 48.45% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Ransom is $5,731 per month. Households that rent pay about 13.78% of their income on rent here. Ransom’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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