Expensive
Affordable
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These days, finding an affordable place to live in the Timberlake area can be challenging. Home prices in Timberlake are now at a median cost of $238,600, higher than the Ohio average of $236,816.
The average cost of rent is $1,690/mo in Timberlake, primarily driven by the current value of real estate in the Timberlake area. In Timberlake, 11.99% of households rent, and 39.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Timberlake is $7,370 per month. Households that rent pay about 22.93% of their income on rent here. Timberlake’s most expensive areas are in the central 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.
Nearby Cities
- Eastlake, OH: less expensive homes
- Willoughby, OH: equally priced homes
- Willowick, OH: less expensive homes
- Wickliffe, OH: less expensive homes
- Waite Hill, OH: higher priced homes
- Mentor-on-the-Lake, OH: less expensive homes
- Willoughby Hills, OH: higher priced homes
- Mentor, OH: equally priced homes
- Euclid, OH: less expensive homes
- Kirtland, OH: higher priced homes
Cities with Similar Populations
- Combs, AR: less expensive homes
- DeSmet, MO: less expensive homes
- Williams, OK: less expensive homes
- DeFoe, KY: equally priced homes
- Curtis Station, MS: less expensive homes
- Crumpton, MD: higher priced homes
- Aguilar, CO: less expensive homes
- Council, NC: less expensive homes
- Cottonville, AL: equally priced homes
- Cory, IN: less expensive homes
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