The Most Affordable Neighborhoods in Shady Lane, Columbus, OH by Home Value

 

Shady Lane, Columbus, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shady Lane area can be challenging. Home prices in Shady Lane are now at a median cost of $148,008, lower than the Columbus average of $228,624.

The average cost of rent is $995/mo in Shady Lane, primarily driven by the current value of real estate in the Shady Lane area. While nearly 17.62% of residents own their homes outright in Shady Lane, 72.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in Shady Lane is $3,736 per month. Households that rent pay about 26.62% of their income on rent here. Shady Lane's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the neighborhood.


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