Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Terrace Park area can be challenging. Home prices in Terrace Park are now at a median cost of $475,365, higher than the Ohio average of $181,280.
The average cost of rent is $1,645/mo in Terrace Park, primarily driven by the current value of real estate in the Terrace Park area. While nearly 29.73% of residents own their homes outright in Terrace Park, 3.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Terrace Park is $13,009 per month. Households that rent pay about 12.65% of their income on rent here. Terrace Park's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Indian Hill, OH: higher priced homes
- Camp Dennison, OH: higher priced homes
- Newtown, OH: less expensive homes
- Mariemont, OH: less expensive homes
- Madeira, OH: less expensive homes
- Miamiville, OH: less expensive homes
- Perintown, OH: less expensive homes
- Milford, OH: less expensive homes
- Concorde Hills, OH: higher priced homes
- Remington, OH: equally priced homes
Cities with Similar Populations
- Pine Level, NC: less expensive homes
- Anthony, KS: less expensive homes
- Walton Hills, OH: less expensive homes
- Virginia Gardens, FL: less expensive homes
- Tool, TX: less expensive homes
- Lyndhurst, VA: less expensive homes
- Moweaqua, IL: less expensive homes
- Molena, GA: less expensive homes
- Mineral City, OH: less expensive homes
- Millville, UT: less expensive homes
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