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Affordable
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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 $318,496, higher than the Ohio average of $236,816.
The average cost of rent is $1,260/mo in Willoughby Hills, primarily driven by the current value of real estate in the Willoughby Hills area. In Willoughby Hills, 57.28% of households rent, and 55.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Willoughby Hills is $6,496 per month. Households that rent pay about 19.39% of their income on rent here. Willoughby Hills’s most expensive areas are in the western 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
- Wickliffe, OH: less expensive homes
- Highland Heights, OH: higher priced homes
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- Mayfield, OH: higher priced homes
- Richmond Heights, OH: less expensive homes
- Waite Hill, OH: higher priced homes
- Euclid, OH: less expensive homes
- Gates Mills, OH: higher priced homes
- Willoughby, OH: less expensive homes
- Mayfield Heights, OH: less expensive homes
Cities with Similar Populations
- Princeton, IN: less expensive homes
- Middlefield, OH: less expensive homes
- Middlesex, NC: less expensive homes
- Middleton, MA: higher priced homes
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- Milton, VT: higher priced homes
- Monongahela, PA: less expensive homes
- Montgomery, NY: higher priced homes
- Morgan, UT: higher priced homes
- Morrilton, AR: less expensive homes
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