Expensive
Affordable
Affordable
Colorblind friendly
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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 $174,614, lower than the Ohio average of $236,816.
The average cost of rent is $910/mo in Ray, primarily driven by the current value of real estate in the Ray area. In Ray, 15.52% of households rent, and 49.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ray is $4,670 per month. Households that rent pay about 19.48% of their income on rent here. Ray’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Byer, OH: equally priced homes
- Lickskillet, OH: higher priced homes
- Leo, OH: equally priced homes
- Londonderry, OH: higher priced homes
- Vigo, OH: equally priced homes
- Richmond Dale, OH: equally priced homes
- Coalton, OH: less expensive homes
- Hamden, OH: less expensive homes
- Chapmans, OH: less expensive homes
- Wellston, OH: less expensive homes
Cities with Similar Populations
- North Perry, OH: higher priced homes
- Lincoln, PA: less expensive homes
- Addyston, OH: less expensive homes
- Little Rapids, WI: higher priced homes
- Livingston, WI: equally 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: less expensive homes
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