Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Vermilion area can be challenging. Home prices in Vermilion are now at a median cost of $163,883, lower than the Ohio average of $181,280.
The average cost of rent is $931/mo in Vermilion, primarily driven by the current value of real estate in the Vermilion area. While nearly 38.33% of residents own their homes outright in Vermilion, 23.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Vermilion is $6,098 per month. Households that rent pay about 15.27% of their income on rent here. Vermilion's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Birmingham, OH: higher priced homes
- Henrietta, OH: higher priced homes
- Amherst, OH: equally priced homes
- South Amherst, OH: less expensive homes
- Berlin Heights, OH: higher priced homes
- Berlinville, OH: higher priced homes
- Lorain, OH: less expensive homes
- Kipton, OH: equally priced homes
- Shinrock, OH: higher priced homes
- Oberlin, OH: equally priced homes
Cities with Similar Populations
- Girard, OH: less expensive homes
- Sayville, NY: higher priced homes
- Sauk Rapids, MN: higher priced homes
- Rye, NY: higher priced homes
- Rutherfordton, NC: equally priced homes
- Rio Linda, CA: higher priced homes
- Glenview Nas, IL: higher priced homes
- Glens Falls, NY: equally priced homes
- Glenpool, OK: higher priced homes
- Schwenksville, PA: higher priced homes
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