The Most Affordable Neighborhoods in Red Lion, OH by Home Value

 

Red Lion, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Red Lion area can be challenging. Home prices in Red Lion are now at a median cost of $314,172, higher than the Ohio average of $181,280.

The average cost of rent is $942/mo in Red Lion, primarily driven by the current value of real estate in the Red Lion area. While nearly 40.34% of residents own their homes outright in Red Lion, 1.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in Red Lion is $9,259 per month. Households that rent pay about 10.17% of their income on rent here. Red Lion's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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