Most Affordable Neighborhoods in Vermilion - 2026 Data
The median home value in Vermilion is $162,700, 42% below nat'l avg. Median rent is $888/month. With an affordability index of 135, Vermilion is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Vermilion, OH area.
Key Takeaways: Affordability in Vermilion
- 1The most affordable neighborhood in Vermilion is Cincinnati, with a median home value of $170,000.
- 2Vermilion's median home value is $162,700, 42% below nat'l avg (national: $281,900).
- 3Vermilion's affordability index is 135 (baseline 100), making it more affordable than the national average.
- 4Median rent in Vermilion is $888/month, 24% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Vermilion to find the most affordable areas based on home values, rent, and affordability index.
Vermilion Affordability Overview
Median Home Value
$162,700
42% below nat'l avg
Median Rent
$888/mo
24% below nat'l avg
Median Income
$73,458
Near nat'l avg
Affordability Index
135
35% above nat'l avg
Most Affordable Neighborhoods in Vermilion (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | CincinnatiOH | $170,000 |
| 2 | SalemOH | $113,700 |
| 3 | MonroeOH | $242,000 |
| 4 | LorainOH | $115,200 |
| 5 | HamiltonOH | $141,300 |
| 6 | ClevelandOH | $87,400 |
| 7 | BeachwoodOH | $362,500 |
| 8 | Mount VernonOH | $149,200 |
| 9 | AkronOH | $99,700 |
| 10 | CantonOH | $86,200 |
| 11 | WickliffeOH | $146,600 |
| 12 | CirclevilleOH | $157,900 |
| 13 | East ClevelandOH | $71,800 |
| 14 | New FranklinOH | $185,000 |
| 15 | NewarkOH | $162,300 |