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These days, finding an affordable place to live in the Versailles area can be challenging. Home prices in Versailles are now at a median cost of $245,238, higher than the Ohio average of $236,816.
The average cost of rent is $755/mo in Versailles, primarily driven by the current value of real estate in the Versailles area. In Versailles, 23.55% of households rent, and 51.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Versailles is $6,844 per month. Households that rent pay about 11.03% of their income on rent here. Versailles’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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