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These days, finding an affordable place to live in the Sylvania area can be challenging. Home prices in Sylvania are now at a median cost of $315,567, higher than the Ohio average of $236,816.
The average cost of rent is $1,229/mo in Sylvania, primarily driven by the current value of real estate in the Sylvania area. In Sylvania, 19.40% of households rent, and 36.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sylvania is $10,447 per month. Households that rent pay about 11.77% of their income on rent here. Sylvania’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ottawa Lake, MI: less expensive homes
- Ottawa Hills, OH: equally priced homes
- Whiteford Center, MI: less expensive homes
- Richfield Center, OH: equally priced homes
- Berkey, OH: less expensive homes
- Holland, OH: less expensive homes
- Lambertville, MI: less expensive homes
- Toledo, OH: less expensive homes
- Riga, MI: less expensive homes
- Temperance, MI: less expensive homes
Cities with Similar Populations
- Leavenworth, KS: less expensive homes
- Newhall, CA: higher priced homes
- Mount Airy, NC: less expensive homes
- Montgomery Village, MD: higher priced homes
- Mchenry, IL: less expensive homes
- Mattapan, MA: higher priced homes
- Manchester, CT: less expensive homes
- Lewiston, ID: higher priced homes
- Lenoir, NC: less expensive homes
- Lebanon, OH: higher priced homes
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