Cost of Living in Van Wert County, Ohio

$792/mo
Median Monthly Rent
$137,300
Median Home Value

At a Glance

Median Monthly Rent
$792/mo
9% below state average
Median Home Value
$137,300
51% 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 Van Wert County Compares

Median monthly rent comparison

Van Wert County$792/mo
Ohio Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$792/mo
Median Gross Rent
$137,300
Median Home Value
$729/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Van Wert County ranks #1,107 of 3,144 counties for affordability (top 35%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Van Wert County, Ohio

Van Wert's rent stays well below national squeeze

Renters in Van Wert County spend just 14.5% of their income on housing—beating the national burden by a comfortable margin. That's well below the 30% threshold that housing experts consider affordable, giving residents breathing room in their budgets compared to peers nationwide.

Best affordability deal in northwest Ohio

Van Wert outperforms Ohio's state average rent-to-income ratio of 15.6%, ranking among the most affordable counties in the state. At $792 a month, median rent sits $81 below the state average, making housing genuinely accessible for working families.

Competitive with region's most affordable options

Van Wert's $792 rent matches or beats nearby Vinton County ($663) and Wyandot County ($785), positioning it as a practical choice for budget-conscious movers in northwest Ohio. Home values average $137,300, roughly in line with the region's smaller counties.

Where your Van Wert paycheck goes

A median household earning $65,344 annually spends $792 on rent or $729 on monthly owner costs—leaving substantial income for other needs. Renters dedicate 14.5% of gross income to housing, while homeowners carry a similar burden with $729 monthly payments, creating genuine affordability for both.

Relocating? Van Wert rewards stretching dollars

If you're considering a move to northwest Ohio, Van Wert offers genuinely affordable housing without sacrificing income stability. Compare its 14.5% rent-to-income ratio against your current market—you may find the math transforms your family budget.

Cost of Living Advisory: Van Wert County

Affordability Verdict

Housing in Van Wert County is affordable. The median rent is $792/month against a median household income of $65,344, putting rent at 14.5% of income.

Rent vs. Own

At $792/month rent versus $729/month in owner costs, owning is roughly $63/month cheaper — a 8% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,680/year. For owner costs at the 28% rule, the required income is roughly $31,243/year. With a median household income of $65,344, most households can comfortably afford rent here. Notably, 21.0% of renter households in Van Wert County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Van Wert County sits 8% more expensive than Columbiana County ($736/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Van Wert County

$

Rent Burden

14.5%

of gross income

Max Housing (28% Rule)

$1,525

per month

Owner Cost Burden

13.4%

of gross income

You can likely afford the median home in Van Wert County

Median home value is $137,300. Estimated monthly cost: $1,096 vs. your max of $1,525.

Rent Affordability Guide

Your rent-to-income ratio14.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $65,344Needed: $31,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $65,344Needed: $31,243
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $65,344Needed: $31,953

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Van Wert County, Ohio?
Van Wert County, Ohio has a median monthly rent of $792/mo and a median home value of $137,300. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Van Wert County?
The median gross rent in Van Wert County is $792/mo. This is 9% below state average for Ohio.
Is Van Wert County affordable?
Van Wert 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 Van Wert County's rent compare to the state average?
Van Wert County's median rent of $792/mo is 9% below state average of $873/mo for Ohio.
What is the median home value in Van Wert County?
The median home value in Van Wert County, Ohio is $137,300. This is 51% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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