Best Cities for Renters in Ohio

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Best Cities for Renters in Ohio

With over 280 people per square mile, Ohio’s population makes it one of the densest states in the U.S., and that headcount is driving high demand for rental housing.

The cost to rent in Ohio, which has over 200 colleges and five large metropolitan areas, has increased 6% to a median of $718 from 2010 to 2013, according to data from the U.S. Census Bureau. About 42% of renters in the state send over a third of their income to a landlord. Financial advisors typically suggest spending less than a third of income on housing costs.

Key takeaways

To help those searching for a place to rent, NerdWallet crunched the numbers to find the best cities in Ohio. Here’s what we found:

College towns dominate. School is definitely in session in this state. College towns consistently made our list as they provide local hubs of employment, as well as flexible and affordable markets for renters.

Short commutes. The top 10 places on our list had an average commute time of 18 minutes, which is lower than many other states we’ve analyzed.

NerdWallet’s analysis

1. Rental availability. We looked at the percentage of renter-occupied housing and the rental vacancy rate.
2. Work accessibility. We examined median household incomes and average commute times.
3. Price-to-rent ratio. We calculated this by dividing the median home value in a city by the median rent that would be paid over the course of a year.
4. Median rent cost. We looked at the median monthly rent in the selected cities.

We evaluated 184 places in Ohio with populations of 10,000 or more.

Best cities for renters in Ohio

1. Bowling Green

Thanks to the student population of Bowling Green University, it’s a renter’s market in this city. Renters — who make up 59.2% of households — have options given the area’s rental vacancy rate of 8.3%. Bowling Green has a monthly median rent of $642, which is $104 less than the state average. Residents’ average commute time to work is 15 minutes.

2. Oxford

The monthly median rent here of $768 is a bit higher than the state average of $746. But with Oxford’s median home value at $188,100, which is higher than most other cities in the top 20, that makes renting here a good value. The city can also boast having one of the shortest commute times on our list at 14 minutes. Renters account for 68.6% of households, one of the highest in the study, in large part because of students who attend Miami University.

3. Athens

Given the student body size of Ohio University, which is based in Athens, it’s no surprise that renters are 70% of all households, which is the highest in the state. Here, the median home value is $162,300, and renters pay a median monthly rent of $762.

4. Bexley

Located just 3 miles from downtown Columbus, Bexley is known for its massive mansions. The size of Bexley’s houses is reflected in the median house value, which is $274,000. The median monthly rent of $895 is higher than many places in Ohio, but it can still be an attractive price for those who want this location and quality of housing.

5. Upper Arlington

Similar to Bexley, Upper Arlington is an upscale community about 6 miles outside Columbus. Although the median monthly rent of $989 is high for Ohio, Upper Arlington’s median home value of $306,800 makes this the highest price-to-rent ratio on our list, which means it’s better for people to rent than to buy a place here. However, the low renter population of 18.3% indicates this city has one of the highest rates of owner-occupied housing on our list.


Home Buyer and Mortgage Guide



6. Findlay

This city of over 40,000 residents is a hub of growth in Northwest Ohio. Folks here enjoy an average commute time of 14 minutes. About 38% of households here are renters, and the median monthly rent is $642, which is more than $100 below the state number.

7. Cincinnati

With a population of about 297,000, Cincinnati is the only major city in our top 10. Renters make up 60% of all households (renters in Cleveland and Columbus are 55% and 53%, respectively). Median rent in the city is $640, which is more affordable than many of the college towns on our list. While Cincinnati’s commute time of 22 minutes is higher than the rest of our top 10, it is comparable to other large cities in Ohio.

8. Wooster

With a rental vacancy rate of 6.6%, Wooster has the tightest rental market of any place in our top 10. The median rent here is $656, and residents have an average commute time of 16.4 minutes. Wooster College, which has a student body of about 2,000, makes up a small portion of the city’s population of 26,260.

9. Norwood

Measuring 3 square miles, Norwood is a small community of 19,151 that neighbors Cincinnati. This enclave has a median home value of $121,900 and a median rent of $636, both of which are below the state numbers. The average commute time is 19 minutes.

10. Marietta

With just over 14,000 residents, Marietta is the only place in our top 10 not close to a major city. While Marietta has attractive qualities for renters — including a commute time of 15 minutes and a median monthly rent of $568 — potential residents should be aware that the shale oil business has been a large draw. Marietta is right off Interstate 77 and it is about 13 miles from Parkersburg, West Virginia.

Best cities for renters in Ohio

Rank City Population Renter-occupied housing Rental vacancy Median household income Average commute time in minutes Price-to-rent
ratio
Median rent Median home value Score
1 Bowling Green 31,049 59.2% 8.3% $34,550 15.5 20.76 $642 $159,900 78.89
2 Oxford 21,608 68.6% 13.6% $28,429 14.0 20.41 $768 $188,100 78.81
3 Athens 24,201 70.0% 8.6% $17,933 14.0 17.75 $762 $162,300 76.43
4 Bexley 13,204 26.0% 12.5% $93,478 16.7 25.57 $895 $274,600 75.28
5 Upper Arlington 34,008 18.3% 7.6% $97,829 19.1 25.85 $989 $306,800 71.86
6 Findlay 41,373 38.7% 9.1% $42,901 14.5 16.00 $642 $123,300 69.38
7 Cincinnati 297,150 60.2% 11.8% $34,116 22.4 16.09 $640 $123,600 68.98
8 Wooster 26,260 41.5% 6.6% $40,633 16.4 15.64 $656 $123,100 68.69
9 Norwood 19,151 49.8% 14.8% $37,303 19.1 15.97 $636 $121,900 67.84
10 Marietta 14,067 41.5% 13.5% $31,739 15.1 14.67 $568 $100,000 67.38
11 Lakewood 51,693 56.3% 6.6% $43,218 24.3 15.43 $699 $129,400 67.13
12 Kent 31,301 60.4% 5.6% $31,035 21.3 16.13 $716 $138,600 66.75
13 Perrysburg 20,982 29.1% 6.7% $71,220 20.1 18.67 $845 $189,300 66.62
14 Shaker Heights 28,200 37.8% 11.1% $77,951 23.0 19.78 $943 $223,800 66.43
15 Sylvania 18,929 29.6% 8.2% $67,817 20.0 18.33 $781 $171,800 66.33
16 Portsmouth 20,357 46.3% 7.1% $27,976 18.7 11.54 $536 $74,200 66.01
17 Greenville 13,152 41.4% 6.9% $31,758 18.3 12.99 $558 $87,000 65.90
18 North Royalton 30,355 28.2% 7.0% $66,683 27.5 21.13 $764 $193,700 65.44
19 Sandusky 25,606 48.1% 9.5% $35,776 16.6 11.39 $622 $85,000 65.35
20 Ironton 10,989 38.1% 11.6% $34,448 16.7 13.55 $537 $87,300 65.25
21 Norwalk 16,959 34.4% 14.7% $42,142 18.7 16.46 $598 $118,100 65.20
22 Coshocton 11,223 38.2% 13.7% $34,663 14.6 12.74 $569 $87,000 65.00
23 Lima 38,570 51.3% 7.1% $28,050 17.7 9.43 $623 $70,500 64.74
24 Painesville 19,616 52.3% 9.4% $35,536 19.2 12.68 $726 $110,500 64.71
25 Tiffin 17,896 42.2% 9.9% $35,179 16.3 12.25 $622 $91,400 64.58
26 Springfield 60,423 48.5% 7.1% $31,635 19.4 10.72 $638 $82,100 64.30
27 Columbus 800,594 53.1% 8.6% $44,072 21.3 13.46 $809 $130,700 64.25
28 Oregon 20,255 28.6% 5.5% $54,191 19.5 17.98 $617 $133,100 64.18
29 Alliance 22,256 47.0% 7.2% $31,152 17.8 11.07 $611 $81,200 64.02
30 Mansfield 47,360 44.6% 7.6% $32,722 18.7 11.62 $573 $79,900 63.90
31 Dublin 41,958 21.0% 5.2% $113,182 22.4 23.75 $1,161 $330,900 63.82
32 Rocky River 20,107 25.3% 14.1% $67,926 23.6 20.69 $802 $199,100 63.66
33 Wilmington 12,500 52.3% 10.3% $29,828 20.0 12.15 $670 $97,700 63.62
34 Fairborn 32,798 50.4% 8.7% $41,720 19.5 11.96 $760 $109,100 63.53
35 New Philadelphia 17,321 35.7% 10.3% $39,905 17.4 13.51 $634 $102,800 63.53
36 Sharonville 13,898 37.3% 6.6% $51,892 18.8 14.49 $824 $143,300 63.51
37 North Canton 17,433 34.0% 6.3% $50,728 18.3 15.11 $757 $137,300 63.50
38 Westerville 36,778 25.4% 5.9% $82,146 20.7 18.89 $904 $204,900 63.45
39 Sidney 21,095 37.3% 12.7% $43,347 16.6 13.03 $673 $105,200 63.36
40 White Oak CDP 18,708 32.0% 8.5% $56,066 22.4 16.19 $682 $132,500 63.27
41 Whitehall 18,291 60.7% 7.3% $33,311 21.1 10.18 $744 $90,900 63.21
42 Troy 25,134 40.0% 5.5% $48,570 18.1 14.65 $704 $123,800 63.17
43 Cambridge 10,622 42.1% 14.5% $26,987 17.9 12.68 $554 $84,300 63.10
44 Tallmadge 17,492 20.4% 6.1% $54,225 20.9 19.19 $674 $155,200 63.01
45 Brooklyn 11,080 41.8% 9.3% $41,637 21.2 14.02 $684 $115,100 62.96
46 Canton 73,027 45.9% 8.0% $30,209 19.4 11.05 $582 $77,200 62.75
47 Mayfield Heights 19,029 46.9% 11.8% $43,615 21.2 14.48 $821 $142,700 62.72
48 Celina 10,388 33.6% 8.5% $40,665 16.8 12.83 $669 $103,000 62.56
49 Richmond Heights 10,524 36.0% 15.9% $48,233 24.4 18.24 $710 $155,400 62.53
50 Zanesville 25,481 55.0% 10.9% $26,986 21.0 10.50 $605 $76,200 62.50
51 Niles 18,988 37.4% 7.2% $37,169 17.1 11.18 $608 $81,600 62.49
52 Ashland 20,492 37.6% 6.5% $40,219 17.7 12.31 $688 $101,600 62.44
53 Forestville CDP 10,298 31.7% 7.3% $64,250 25.0 19.07 $907 $207,600 62.41
54 Defiance 16,658 33.9% 6.3% $42,395 17.5 12.83 $639 $98,400 62.40
55 Fremont 16,633 37.9% 14.9% $37,948 16.6 11.92 $600 $85,800 62.39
56 Van Wert 10,787 32.1% 8.0% $37,205 14.5 11.12 $615 $82,100 62.38
57 Ashtabula 18,976 49.8% 9.5% $27,876 19.4 10.56 $621 $78,700 62.28
58 Newark 47,708 45.0% 5.7% $38,295 21.1 14.23 $667 $113,900 62.16
59 Toledo 285,459 44.8% 9.7% $33,317 19.0 11.08 $629 $83,600 62.06
60 Boardman CDP 35,173 33.0% 5.7% $47,381 20.4 15.18 $612 $111,500 61.86
61 Maumee 14,212 31.4% 6.2% $54,128 19.1 14.40 $735 $127,000 61.85
62 Fairview Park 16,704 28.2% 6.8% $52,844 25.0 17.12 $704 $144,600 61.77
63 Chillicothe 21,885 41.2% 8.6% $36,927 21.5 12.73 $640 $97,800 61.51
64 Berea 19,072 28.4% 10.6% $55,942 21.4 15.40 $693 $128,100 61.49
65 Ravenna 11,653 51.9% 4.7% $35,756 21.2 14.12 $626 $106,100 61.49
66 Piqua 20,600 38.4% 7.7% $36,260 17.9 11.17 $652 $87,400 61.42
67 Willoughby 22,334 38.8% 11.8% $51,245 21.4 14.87 $826 $147,400 61.37
68 Riverside 25,181 45.2% 6.2% $41,104 17.6 10.42 $742 $92,800 61.26
69 Centerville 23,965 28.3% 6.3% $60,162 21.8 16.80 $841 $169,500 61.07
70 Bellefontaine 13,162 43.9% 10.9% $39,821 20.2 11.78 $711 $100,500 61.02
71 Bedford Heights 10,699 51.0% 15.7% $34,662 22.9 13.01 $714 $111,500 61.01
72 Marysville 22,581 41.0% 5.4% $53,880 21.7 15.96 $833 $159,500 60.88
73 Lorain 64,017 43.3% 7.4% $33,610 22.9 12.35 $630 $93,400 60.81
74 Lancaster 38,948 45.0% 6.4% $37,087 23.9 13.57 $712 $115,900 60.80
75 Urbana 11,669 42.7% 14.1% $37,010 20.8 12.43 $659 $98,300 60.74
76 Westlake 32,552 26.1% 10.3% $76,358 24.3 19.12 $997 $228,800 60.72
77 Wadsworth 21,678 29.9% 6.0% $57,539 22.6 16.86 $787 $159,200 60.70
78 Massillon 32,130 34.6% 7.6% $38,142 20.6 12.81 $638 $98,100 60.63
79 Cleveland Heights 45,851 43.1% 9.9% $50,109 22.3 13.30 $831 $132,600 60.57
80 Reynoldsburg 35,652 37.8% 10.4% $58,257 23.5 14.63 $827 $145,200 60.43
81 Hamilton 62,350 43.5% 6.8% $40,426 24.2 12.29 $707 $104,300 60.38
82 Dayton 143,446 51.2% 10.0% $28,456 20.2 9.11 $637 $69,600 60.38
83 Green 25,742 22.2% 11.6% $61,150 22.5 17.91 $811 $174,300 60.27
84 Springdale 11,171 44.4% 8.2% $49,222 21.3 12.25 $868 $127,600 60.26
85 Broadview Heights 19,292 18.2% 6.5% $75,882 28.0 20.76 $858 $213,700 60.07
86 West Carrollton 13,125 45.4% 12.8% $38,255 20.7 11.54 $738 $102,200 59.95
87 Dover 12,828 26.8% 5.9% $41,732 19.6 14.80 $629 $111,700 59.93
88 Akron 199,038 45.9% 9.7% $33,909 20.5 10.28 $680 $83,900 59.89
89 Washington Court House 14,139 48.7% 5.5% $32,186 20.1 11.86 $692 $98,500 59.89
90 Steubenville 18,525 43.4% 3.9% $32,092 17.1 13.86 $561 $93,300 59.78
91 Montgomery 10,283 13.2% 8.9% $107,620 23.9 21.10 $1,221 $309,200 59.75
92 Stow 34,750 29.5% 10.2% $63,085 24.3 16.40 $843 $165,900 59.64
93 Elyria 54,290 39.9% 6.6% $41,600 21.9 11.65 $718 $100,400 59.62
94 North Olmsted 32,504 21.5% 7.1% $59,411 23.1 15.43 $796 $147,400 59.59
95 Middletown 48,664 44.0% 8.1% $35,853 21.2 11.07 $732 $97,200 59.49
96 Marion 36,857 40.6% 6.7% $33,586 19.5 9.64 $670 $77,500 59.45
97 Austintown CDP 29,605 32.8% 5.6% $41,713 19.5 12.89 $591 $91,400 59.43
98 Fairfield 42,623 34.9% 8.7% $56,318 23.0 14.34 $855 $147,100 59.36
99 East Cleveland 17,812 66.8% 17.8% $20,577 26.2 9.44 $608 $68,900 59.25
100 Mount Vernon 16,947 46.8% 4.5% $35,162 19.1 12.99 $658 $102,600 59.18
101 Bucyrus 12,235 39.3% 6.7% $35,280 22.2 10.64 $632 $80,700 59.01
102 Cleveland 394,335 55.1% 9.2% $26,217 24.3 9.70 $659 $76,700 58.99
103 Reading 10,370 42.4% 3.1% $39,662 19.5 17.04 $623 $127,400 58.88
104 Warren 41,199 45.2% 15.3% $29,317 19.5 9.17 $596 $65,600 58.77
105 Bedford 12,994 45.7% 9.0% $40,417 22.0 10.29 $769 $95,000 58.43
106 Medina 26,617 35.5% 5.6% $53,586 26.1 16.80 $802 $161,700 58.17
107 Salem 12,264 39.2% 5.1% $36,122 20.3 12.17 $586 $85,600 58.09
108 Xenia 25,835 36.7% 5.8% $39,756 22.1 12.60 $651 $98,400 58.04
109 Kettering 56,202 38.2% 4.5% $49,522 20.2 14.63 $741 $130,100 58.00
110 Conneaut 12,839 32.2% 12.0% $33,065 22.4 12.49 $582 $87,200 57.75
111 Loveland 12,370 21.0% 13.9% $74,020 23.4 16.17 $862 $167,300 57.69
112 Eastlake 18,549 25.7% 6.7% $52,441 23.4 13.89 $768 $128,000 57.54
113 Barberton 26,461 36.3% 8.3% $37,819 21.3 10.59 $683 $86,800 57.54
114 Grove City 36,261 29.0% 5.1% $66,299 21.9 15.75 $847 $160,100 57.32
115 Euclid 48,564 49.0% 12.6% $36,272 24.3 10.37 $733 $91,200 57.26
116 Miamisburg 20,148 27.4% 4.3% $52,007 20.9 16.76 $680 $136,800 57.16
117 Warrensville Heights 13,469 55.5% 14.1% $35,461 26.2 10.09 $773 $93,600 56.64
118 Pickerington 18,678 23.5% 9.4% $81,540 26.7 16.09 $949 $183,200 56.59
119 Fostoria 13,209 28.9% 8.9% $35,090 20.2 9.80 $579 $68,100 56.35
120 Delaware 35,599 36.2% 4.9% $56,963 26.4 16.37 $807 $158,500 56.04
121 University Heights 13,476 30.7% 10.8% $67,826 22.2 13.11 $1,011 $159,100 56.02
122 Springboro 17,693 13.2% 6.4% $96,094 22.4 15.62 $1,077 $201,900 55.83
123 Trotwood 24,375 43.5% 9.5% $36,277 24.3 9.57 $708 $81,300 55.80
124 Parma Heights 20,583 41.8% 5.2% $43,502 25.2 13.33 $736 $117,700 55.73
125 Youngstown 66,511 41.9% 8.9% $24,454 20.3 6.64 $585 $46,600 55.56
126 Mentor 47,134 14.0% 7.2% $65,888 24.1 15.91 $885 $169,000 55.08
127 Cuyahoga Falls 49,430 36.9% 4.8% $49,438 22.6 13.18 $761 $120,400 55.06
128 Vandalia 15,206 35.2% 2.4% $52,164 20.8 17.33 $662 $137,700 55.03
129 Dent CDP 10,398 22.8% 4.1% $64,878 24.0 18.97 $826 $188,000 54.80
130 Amherst 12,057 14.5% 4.4% $63,895 20.6 17.17 $746 $153,700 54.65
131 Forest Park 18,687 42.9% 10.4% $46,949 24.4 10.26 $900 $110,800 54.55
132 Hilliard 29,715 22.5% 4.0% $85,052 22.1 17.65 $968 $205,000 54.47
133 Parma 81,055 24.5% 8.7% $49,654 24.3 12.72 $758 $115,700 54.44
134 Streetsboro 16,043 34.4% 5.0% $61,940 23.8 13.57 $918 $149,500 53.61
135 Harrison 10,054 22.2% 18.9% $62,569 25.6 14.81 $830 $147,500 53.38
136 Garfield Heights 28,650 28.5% 10.5% $42,511 22.4 9.61 $745 $85,900 52.70
137 Huber Heights 38,573 29.8% 5.8% $52,261 22.3 10.56 $852 $108,000 52.30
138 Middleburg Heights 15,863 28.2% 2.9% $56,002 21.7 16.95 $788 $160,300 52.05
139 New Franklin 14,239 11.7% 11.3% $65,892 24.2 13.84 $838 $139,200 52.03
140 East Liverpool 11,164 45.2% 4.9% $27,886 24.4 8.18 $557 $54,700 51.91
141 Solon 23,214 14.0% 3.4% $97,181 25.5 21.20 $1,047 $266,300 51.91
142 Worthington 13,521 19.2% 0.0% $86,855 21.0 23.83 $836 $239,100 51.51
143 Maple Heights 22,996 30.3% 10.6% $36,664 22.7 9.05 $777 $84,400 51.37
144 Strongsville 44,656 19.3% 3.1% $76,397 27.3 19.93 $810 $193,700 51.20
145 Heath 10,351 37.8% 3.0% $43,657 21.5 13.60 $794 $129,600 50.38
146 Avon Lake 22,708 19.6% 4.7% $80,271 26.3 16.90 $1,052 $213,300 50.32
147 Circleville 13,410 42.3% 3.0% $38,480 24.0 13.58 $731 $119,100 50.32
148 Avon 21,440 20.2% 4.4% $82,603 25.9 18.13 $1,145 $249,100 50.15
149 Englewood 13,440 28.6% 2.7% $51,042 21.8 14.52 $690 $120,200 49.84
150 Galion 10,404 42.1% 3.8% $33,414 21.5 8.95 $662 $71,100 49.79
151 Struthers 10,630 30.1% 3.8% $36,628 19.2 9.51 $623 $71,100 49.31
152 Blue Ash 12,116 30.7% 1.8% $70,787 20.2 17.29 $1,034 $214,500 49.17
153 Lyndhurst 13,916 18.2% 7.9% $63,593 22.3 10.98 $1,092 $143,900 49.11
154 Gahanna 33,570 25.8% 2.4% $71,201 21.0 16.26 $955 $186,300 48.96
155 Beachwood 11,884 37.2% 4.5% $79,722 21.1 14.81 $1,580 $280,800 48.77
156 Macedonia 11,268 8.6% 9.2% $80,930 23.4 13.44 $1,165 $187,900 48.69
157 Lebanon 20,287 40.2% 1.0% $58,649 25.0 16.71 $794 $159,200 47.93
158 Brunswick 34,386 24.7% 3.1% $63,924 28.9 16.19 $810 $157,400 46.49
159 Brook Park 19,126 20.7% 3.9% $49,010 21.2 11.80 $831 $117,700 46.31
160 Bridgetown CDP 14,836 14.0% 4.9% $57,424 24.5 12.28 $871 $128,300 45.77
161 Franklin 11,825 43.6% 1.3% $43,220 22.1 12.00 $760 $109,400 45.65
162 Beavercreek 45,459 26.7% 2.0% $76,162 18.7 13.43 $1,080 $174,100 45.49
163 Wickliffe 12,719 19.3% 2.6% $47,155 19.9 13.52 $778 $126,200 45.47
164 Mason 30,905 17.9% 1.3% $85,697 23.2 18.29 $1,009 $221,500 45.00
165 Willowick 14,123 20.0% 2.0% $47,071 20.1 13.74 $734 $121,000 44.69
166 Finneytown CDP 13,115 25.6% 2.7% $53,165 22.3 12.61 $848 $128,300 44.67
167 Norton 12,048 13.2% 4.0% $59,261 21.9 12.48 $920 $137,800 44.49
168 Trenton 11,977 28.1% 2.5% $58,181 26.9 13.37 $780 $125,100 44.01
169 Twinsburg 18,765 25.6% 1.2% $70,958 26.3 18.06 $954 $206,700 43.85
170 Clayton 13,207 15.8% 3.2% $65,187 24.1 12.96 $873 $135,800 43.30
171 Northbrook CDP 10,226 30.8% 4.3% $38,807 21.6 7.64 $945 $86,600 43.10
172 North Ridgeville 30,103 12.7% 1.7% $67,156 27.1 16.27 $829 $161,900 40.46
173 Pataskala 14,969 25.1% 0.6% $65,593 25.3 15.14 $887 $161,200 40.03
174 Monfort Heights CDP 11,697 15.9% 0.0% $69,000 20.9 15.66 $879 $165,200 39.64
175 Brecksville 13,584 14.9% 2.5% $90,924 23.7 14.74 $1,378 $243,800 38.87
176 South Euclid 22,139 18.8% 2.9% $59,968 24.2 9.84 $966 $114,100 38.18
177 Vermilion 10,775 25.3% 0.8% $51,899 27.7 14.08 $771 $130,300 38.11
178 Bay Village 15,550 9.2% 0.0% $83,679 23.6 16.29 $1,012 $197,800 36.23
179 Monroe 13,009 24.6% 0.0% $67,046 27.0 13.61 $968 $158,100 34.49
180 Seven Hills 11,756 6.2% 2.6% $66,794 25.7 12.46 $1,110 $166,000 34.11
181 Aurora 15,524 23.3% 0.8% $80,400 26.3 14.31 $1,442 $247,600 32.36
182 Powell 11,746 5.4% 0.0% $132,598 24.7 14.25 $1,897 $324,400 25.07
183 Mack CDP 11,466 1.1% 0.0% $83,861 28.2 12.97 $1,348 $209,800 22.67
184 Hudson 22,335 12.2% 0.0% $119,212 28.3 12.25 $1,972 $289,900 20.10

Methodology

We evaluated 184 places in Ohio. Areas with less than 10,000 residents weren’t included. All information comes from the U.S. Census Bureau’s 2013 American Community Survey. The scores for each place were calculated using the following data:

  1. Rental availability. Percentage of renter-occupied housing and median rental vacancy rate were each 20% of the score. The percentage of renter occupied units was considered a positive metric. The closer the rental vacancy rate was to the state median, the higher the score.
  2. Work accessibility. Median household incomes and average commute times were each 10% of the score. Median household income was weighted positively while commute time was weighted negatively.
  3. Price-to-rent ratio. This was 20% of the score. We calculated this by dividing the median home value of a city by the median rent that would be paid over the course of a year. This metric assumes higher home values indicate more valuable properties, meaning the higher the ratio, the more renters are getting for their dollar.
  4. Median rent cost. The median monthly rent was 20% of the score.

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Cincinnati, Ohio, skyline image via iStock.