The Most Affordable Neighborhoods in Willoughby Hills, OH by Home Value

 

Willoughby Hills, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Willoughby Hills area can be challenging. Home prices in Willoughby Hills are now at a median cost of $239,198, higher than the Ohio average of $181,280.

The average cost of rent is $1,020/mo in Willoughby Hills, primarily driven by the current value of real estate in the Willoughby Hills area. While nearly 42.03% of residents own their homes outright in Willoughby Hills, 31.88% rent.

Housing affordability isn’t just about home prices, though. The average household income in Willoughby Hills is $5,970 per month. Households that rent pay about 17.08% of their income on rent here. Willoughby Hills's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.


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