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These days, finding an affordable place to live in the Russell area can be challenging. Home prices in Russell are now at a median cost of $144,103, lower than the Ohio average of $236,816.
The average cost of rent is $807/mo in Russell, primarily driven by the current value of real estate in the Russell area. In Russell, 19.05% of households rent, and 42.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Russell is $5,453 per month. Households that rent pay about 14.81% of their income on rent here. Russell’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Willettsville, OH: equally priced homes
- Hoagland, OH: equally priced homes
- Lynchburg, OH: higher priced homes
- Webertown, OH: higher priced homes
- New Vienna, OH: higher priced homes
- New Market, OH: higher priced homes
- East Danville, OH: higher priced homes
- Martinsville, OH: higher priced homes
- Pricetown, OH: higher priced homes
- Hillsboro, OH: higher priced homes
Cities with Similar Populations
- Spuds, FL: higher priced homes
- Hesper, KS: higher priced homes
- Hoffman, OK: less expensive homes
- Holder, IL: higher priced homes
- Holt, CA: higher priced homes
- Honeycutt, TN: higher priced homes
- Sprankle Mills, PA: higher priced homes
- Spruce Center, MN: higher priced homes
- Spruce, MO: higher priced homes
- Herold, WV: less expensive homes
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