Similar to its surrounding areas, it's a lot less expensive compared to the entire country. However compared to the city of Rockford, it is a bit less expensive.
Home prices
The cost of the median home in Ohio is $80,900. Compared to nearby areas this is roughly $3,700 (4%) lower.Compared to the US as a whole it is roughly $136,600 (62%) lower, and in comparison to the city of Rockford is approximately $10,700 (11%) lower.
Rents
Ohio's median monthly rent is $625. This is roughly $261 (29%) lower compared to other places in this area.It is about $437 (41%) lower compared to the nation as a whole, and is approximately $147 (19%) lower in comparison to the city of Rockford.
Nearby places
Walnut
Walnut is roughly 5 miles west from Ohio. Its housing prices are somewhat more expensive. The median home value in Walnut is $95,500, which comes out to $14,600 (15%) higher than Ohio. Rent there is similar. Walnut's median rent is $611 a month, which works out to $14 (2%) lower than Ohio.
La Moille
La Moille is about 8 miles east of Ohio. Real estate prices there are a little more expensive. The median home in La Moille is valued at $99,800, which works out to $18,900 (18%) higher than Ohio. Its rents are a little more expensive. The median rent in La Moille is $755 per month, which is $130 (17%) higher than Ohio.
Dover
Dover is roughly 8 miles south of Ohio. Housing prices there are somewhat less expensive. The median home value in Dover is $62,500, which is $18,400 (29%) lower than Ohio. Its rents are substantially more expensive. The median monthly rent in Dover is $1,031, which comes out to $406 (39%) higher than Ohio.
Malden
Malden is about 9 miles southeast from Ohio. Housing prices there are pretty similar. The median home in Malden costs $78,500, which works out to $2,400 (3%) lower than Ohio. Its rents are a little more expensive. The median monthly rent in Malden is $845, which is $220 (26%) higher than Ohio.
Arlington
Arlington is roughly 10 miles southeast from Ohio. Its real estate prices are a little more expensive. The median home price in Arlington is $86,700, which comes out to $5,800 (6%) higher than Ohio. Rents there are a lot more expensive. The median monthly rent in Arlington is $1,188, which is $563 (47%) higher than Ohio.