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Affordable
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These days, finding an affordable place to live in the Verona area can be challenging. Home prices in Verona are now at a median cost of $197,794, lower than the Ohio average of $236,816.
The average cost of rent is $733/mo in Verona, primarily driven by the current value of real estate in the Verona area. In Verona, 8.04% of households rent, and 46.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Verona is $7,122 per month. Households that rent pay about 10.29% of their income on rent here. Verona’s most expensive areas are in the northwestern 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
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- Arcanum, OH: equally priced homes
Cities with Similar Populations
- Westfield, OH: higher priced homes
- Camargo, IL: equally priced homes
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- Canadys, SC: less expensive homes
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- Cedar Grove, IN: higher priced homes
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