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Affordable
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These days, finding an affordable place to live in the Tallmadge area can be challenging. Home prices in Tallmadge are now at a median cost of $229,481, lower than the Ohio average of $236,816.
The average cost of rent is $1,099/mo in Tallmadge, primarily driven by the current value of real estate in the Tallmadge area. In Tallmadge, 18.42% of households rent, and 42.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tallmadge is $7,634 per month. Households that rent pay about 14.40% of their income on rent here. Tallmadge’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Munroe Falls, OH: higher priced homes
- Silver Lake, OH: higher priced homes
- Cuyahoga Falls, OH: less expensive homes
- Kent, OH: equally priced homes
- Mogadore, OH: less expensive homes
- Lakemore, OH: less expensive homes
- Akron, OH: equally priced homes
- Stow, OH: higher priced homes
- Suffield, OH: equally priced homes
- Sugar Bush Knolls, OH: higher priced homes
Cities with Similar Populations
- North Canton, OH: equally priced homes
- Old Jamestown, MO: equally priced homes
- Okatie, SC: higher priced homes
- Norwood, OH: higher priced homes
- Northfield, OH: higher priced homes
- Northampton, PA: higher priced homes
- North Wilkesboro, NC: less expensive homes
- North Massapequa, NY: higher priced homes
- North East, MD: higher priced homes
- North Druid Hills, GA: higher priced homes
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