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These days, finding an affordable place to live in the Waterford area can be challenging. Home prices in Waterford are now at a median cost of $213,444, lower than the Ohio average of $236,816.
The average cost of rent is $882/mo in Waterford, primarily driven by the current value of real estate in the Waterford area. In Waterford, 10.50% of households rent, and 52.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterford is $6,119 per month. Households that rent pay about 14.42% of their income on rent here. Waterford’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Beverly, OH: less expensive homes
- Watertown, OH: higher priced homes
- Coal Run, OH: equally priced homes
- Unionville, OH: less expensive homes
- Dale, OH: less expensive homes
- Hackney, OH: equally priced homes
- Lowell, OH: equally priced homes
- Stockport, OH: less expensive homes
- Neelysville, OH: less expensive homes
- Layman, OH: higher priced homes
Cities with Similar Populations
- South Walpole, MA: higher priced homes
- Hermon, ME: higher priced homes
- Huron, TN: equally priced homes
- Kalida, OH: equally priced homes
- Kintnersville, PA: higher priced homes
- Laurel Springs, NJ: higher priced homes
- Ludlow, VT: higher priced homes
- Lyndonville, NY: less expensive homes
- Meridian, TX: less expensive homes
- Mesopotamia, OH: equally priced homes
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