Cost of Living in Richland County, Ohio

$791/mo
Median Monthly Rent
$154,000
Median Home Value
9% below state averageUnaffordable

At a Glance

Median Monthly Rent
$791/mo
9% below state average
Median Home Value
$154,000
45% below national
Rent-to-Income Ratio
27.0%
% 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 Richland County Compares

Median monthly rent comparison

Richland County$791/mo
Ohio Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$791/mo
Median Gross Rent
$154,000
Median Home Value
$837/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Richland County, Ohio

Richland's affordability masked by low income

Richland County's 16.5% rent-to-income ratio slightly exceeds the national average, driven by a median household income of $57,649—23% below the national median. While rents are modest, the county's income constraints limit true affordability.

Moderate affordability, weak income

Richland's 16.5% rent-to-income ratio sits above Ohio's 15.6% state average, revealing a county where housing costs consume a larger income share than typical for the state. The $791 median rent ranks among the lowest, but it's not low enough to offset modest wage levels.

Cheapest rents, but lowest incomes too

Richland's $791 rent matches Sandusky as the cheapest in this group, but its $57,649 median income ranks second-lowest after Pike. The county offers bargain housing but limited earning potential compared to peers like Putnam ($82,785) or Pickaway ($72,927).

Tight margins despite low costs

Richland renters pay $791 monthly on a median $57,649 annual income, dedicating 16.5% to rent and leaving limited cushion for emergencies. Homebuyers commit $837 monthly, or 17.4% of income, approaching the federal cost-burden threshold.

Right for cost minimizers only

Richland appeals to relocators prioritizing absolute rent savings, but the county's income levels suggest limited career advancement opportunities. Compare Richland's job market against higher-wage counties like Putnam or Pickaway to ensure the savings are worth the wage trade-off.

Affordability Calculator

See how your income compares to housing costs in Richland County

$

Rent Burden

16.5%

of gross income

Max Housing (28% Rule)

$1,345

per month

Owner Cost Burden

17.4%

of gross income

You can likely afford the median home in Richland County

Median home value is $154,000. Estimated monthly cost: $1,229 vs. your max of $1,345.

Rent Affordability Guide

Your rent-to-income ratio16.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Richland County, Ohio?
Richland County, Ohio has a median monthly rent of $791/mo and a median home value of $154,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Richland County?
The median gross rent in Richland County is $791/mo. This is 9% below state average for Ohio.
Is Richland County affordable?
Richland County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Richland County's rent compare to the state average?
Richland County's median rent of $791/mo is 9% below state average of $873/mo for Ohio.
What is the median home value in Richland County?
The median home value in Richland County, Ohio is $154,000. This is 45% 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.