The Most Affordable Neighborhoods in Spring Mill, OH by Home Value

 

Spring Mill, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Spring Mill area can be challenging. Home prices in Spring Mill are now at a median cost of $177,685, lower than the Ohio average of $236,816.

The average cost of rent is $1,018/mo in Spring Mill, primarily driven by the current value of real estate in the Spring Mill area. In Spring Mill, 7.46% of households rent, and 46.81% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Spring Mill is $5,443 per month. Households that rent pay about 18.70% of their income on rent here. Spring Mill’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.

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


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