Cost of Living in Putnam County, Ohio

$857/mo
Median Monthly Rent
$191,600
Median Home Value
2% below state averageUnaffordable

At a Glance

Median Monthly Rent
$857/mo
2% below state average
Median Home Value
$191,600
32% below national
Rent-to-Income Ratio
21.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Putnam County Compares

Median monthly rent comparison

Putnam County$857/mo
Ohio Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$857/mo
Median Gross Rent
$191,600
Median Home Value
$890/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Putnam County, Ohio

Putnam: Ohio's affordability leader

Putnam County boasts the lowest rent-to-income ratio of these eight counties at 12.4%, driven by the region's highest median household income of $82,785—well above the $74,755 national median. Renters here enjoy exceptional affordability relative to their earning power.

Best-paid, best-housed county

Putnam's 12.4% rent-to-income ratio ranks 3.2 percentage points below Ohio's 15.6% state average, making it the state's most affordable market in this analysis. The county's strong $82,785 median income, 11% above the national average, powers this affordability advantage.

Income advantage beats rivals

Putnam residents earn $82,785 annually—$10,000 more than Pickaway and $33,000 more than Pike—while paying modest $857 rent. This income-to-housing ratio gap separates Putnam as the region's economic standout.

Housing takes minimal income share

Putnam households allocate just $857 to rent or $890 to mortgages while earning $82,785 annually, consuming only 12.4% and 12.9% respectively. These ratios offer maximum financial flexibility compared to other counties.

Move to Putnam for wealth-building

Putnam County combines Ohio's strongest incomes with exceptional housing affordability, leaving residents the most discretionary income for savings and investment. If career growth and financial security matter most, Putnam's job market and cost structure make it Ohio's premier relocation choice.

Affordability Calculator

See how your income compares to housing costs in Putnam County

$

Rent Burden

12.4%

of gross income

Max Housing (28% Rule)

$1,932

per month

Owner Cost Burden

12.9%

of gross income

You can likely afford the median home in Putnam County

Median home value is $191,600. Estimated monthly cost: $1,530 vs. your max of $1,932.

Rent Affordability Guide

Your rent-to-income ratio12.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Putnam County, Ohio?
Putnam County, Ohio has a median monthly rent of $857/mo and a median home value of $191,600. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Putnam County?
The median gross rent in Putnam County is $857/mo. This is 2% below state average for Ohio.
Is Putnam County affordable?
Putnam County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Putnam County's rent compare to the state average?
Putnam County's median rent of $857/mo is 2% below state average of $873/mo for Ohio.
What is the median home value in Putnam County?
The median home value in Putnam County, Ohio is $191,600. This is 32% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.