Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Somerset area can be challenging. Home prices in Somerset are now at a median cost of $163,741, lower than the Ohio average of $181,280.
The average cost of rent is $653/mo in Somerset, primarily driven by the current value of real estate in the Somerset area. While nearly 46.33% of residents own their homes outright in Somerset, 21.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Somerset is $4,842 per month. Households that rent pay about 13.48% of their income on rent here. Somerset's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Redfield, OH: less expensive homes
- Glenford, OH: higher priced homes
- Rehoboth, OH: less expensive homes
- Rushville, OH: higher priced homes
- Junction City, OH: less expensive homes
- Yost, OH: higher priced homes
- Oakthorpe, OH: higher priced homes
- Bruno, OH: higher priced homes
- Mount Perry, OH: higher priced homes
- Mainsville, OH: less expensive homes
Cities with Similar Populations
- Deephaven, MN: higher priced homes
- Kings Beach, CA: higher priced homes
- Davis, OK: less expensive homes
- Dawson Springs, KY: less expensive homes
- Dayton, OR: higher priced homes
- Old Monroe, MO: higher priced homes
- Deale, MD: higher priced homes
- Dearing, GA: less expensive homes
- Holiday City South, NJ: higher priced homes
- Decatur, MI: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood