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Affordable
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These days, finding an affordable place to live in the Sterling area can be challenging. Home prices in Sterling are now at a median cost of $226,844, lower than the Ohio average of $236,816.
The average cost of rent is $963/mo in Sterling, primarily driven by the current value of real estate in the Sterling area. In Sterling, 15.44% of households rent, and 43.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sterling is $6,336 per month. Households that rent pay about 15.21% of their income on rent here. Sterling’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rittman, OH: less expensive homes
- Creston, OH: less expensive homes
- Smithville, OH: equally priced homes
- Marshallville, OH: equally priced homes
- Seville, OH: higher priced homes
- Doylestown, OH: equally priced homes
- Orrville, OH: equally priced homes
- Westfield Center, OH: higher priced homes
- Wadsworth, OH: higher priced homes
- Warwick, OH: higher priced homes
Cities with Similar Populations
- Park City, MT: higher priced homes
- Sharpsburg, NC: less expensive homes
- Talty, TX: higher priced homes
- Ringtown, PA: less expensive homes
- Richmond, ME: equally priced homes
- Pineville, SC: less expensive homes
- Faison, NC: less expensive homes
- Evensville, TN: equally priced homes
- Essex Fells, NJ: higher priced homes
- Enterprise, UT: higher priced homes
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