The Most Affordable Neighborhoods in Residence Park, Dayton, OH by Home Value

 

Residence Park, Dayton, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Residence Park area can be challenging. Home prices in Residence Park are now at a median cost of $45,802, lower than the Dayton average of $215,132.

The average cost of rent is $908/mo in Residence Park, primarily driven by the current value of real estate in the Residence Park area. In Residence Park, 54.88% of households rent, and 73.85% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Residence Park is $3,266 per month. Households that rent pay about 27.79% of their income on rent here. Residence Park’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the neighborhood.

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


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