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These days, finding an affordable place to live in the Rice area can be challenging. Home prices in Rice are now at a median cost of $199,219, lower than the Ohio average of $236,816.
The average cost of rent is $690/mo in Rice, primarily driven by the current value of real estate in the Rice area. In Rice, 0.81% of households rent, and 58.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rice is $8,468 per month. Households that rent pay about 8.15% of their income on rent here. Rice’s most expensive areas are in the eastern 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
- Continental, OH: less expensive homes
- North Creek, OH: equally priced homes
- Ayersville, OH: less expensive homes
- Oakwood, OH: less expensive homes
- Pleasant Bend, OH: less expensive homes
- Dupont, OH: less expensive homes
- Kieferville, OH: higher priced homes
- Melrose, OH: less expensive homes
- New Bavaria, OH: less expensive homes
- Standley, OH: less expensive homes
Cities with Similar Populations
- Ridgeport, IA: higher priced homes
- Pearl, MI: higher priced homes
- Pearson, AL: equally priced homes
- Pellville, KY: less expensive homes
- Penton, AL: equally priced homes
- Perks, IL: less expensive homes
- Red Bluff, GA: less expensive homes
- Reed, PA: higher priced homes
- Reeds Crossing, KY: higher priced homes
- Reiffsburg, IN: less expensive homes
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