Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ray area can be challenging. Home prices in Ray are now at a median cost of $99,832, lower than the Ohio average of $181,280.
The average cost of rent is $663/mo in Ray, primarily driven by the current value of real estate in the Ray area. While nearly 56.48% of residents own their homes outright in Ray, 11.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ray is $3,907 per month. Households that rent pay about 16.96% of their income on rent here. Ray's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Byer, OH: equally priced homes
- Lickskillet, OH: higher priced homes
- Leo, OH: higher priced homes
- Londonderry, OH: higher priced homes
- Vigo, OH: higher priced homes
- Richmond Dale, OH: higher priced homes
- Coalton, OH: equally priced homes
- Hamden, OH: less expensive homes
- Chapmans, OH: higher priced homes
- Wellston, OH: equally priced homes
Cities with Similar Populations
- North Perry, OH: higher priced homes
- Lincoln, PA: equally priced homes
- Addyston, OH: higher priced homes
- Little Rapids, WI: higher priced homes
- Livingston, WI: higher priced homes
- Longview Heights, TX: higher priced homes
- Luke Afb, AZ: higher priced homes
- Lund, TX: higher priced homes
- Lyle, MN: higher priced homes
- Lyon Mountain, NY: higher priced homes
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