The Most Affordable Neighborhoods in Reading, OH by Home Value

These days, finding an affordable place to live in the Reading area can be challenging. Home prices in Reading are now at a median cost of $204,483, lower than the Ohio average of $236,816.

The average cost of rent is $1,083/mo in Reading, primarily driven by the current value of real estate in the Reading area. In Reading, 45.78% of households rent, and 38.52% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Reading is $6,706 per month. Households that rent pay about 16.15% of their income on rent here. Reading’s most expensive areas are in the northeastern 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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