The Most Affordable Neighborhoods in Ukrainian Village, Parma, OH by Home Value

 

Ukrainian Village, Parma, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ukrainian Village area can be challenging. Home prices in Ukrainian Village are now at a median cost of $142,244, lower than the Parma average of $176,774.

The average cost of rent is $1,231/mo in Ukrainian Village, primarily driven by the current value of real estate in the Ukrainian Village area. In Ukrainian Village, 24.73% of households rent, and 40.93% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Ukrainian Village is $5,721 per month. Households that rent pay about 21.52% of their income on rent here. Ukrainian Village’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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