Home prices
The median home cost in Independence is $173,300. In comparison to its nearby areas this is approximately $19,180 (12%) higher.It is roughly $44,200 (20%) lower in comparison to the entire country, and is approximately $35,300 (25%) higher compared to the city of Cincinnati.
Rents
In Independence the median monthly rent is $960. In comparison to nearby areas this is roughly $22 (2%) lower.In comparison to the rest of the country it is about $102 (9%) lower, and in comparison to the city of Cincinnati it is roughly $222 (30%) higher.
Nearby places
Elsmere
Elsmere is Independence's neighbor to the northwest. Housing prices there are substantially less expensive. The median home value in Elsmere is $111,400, which works out to $61,900 (55%) lower than Independence. The rent there is somewhat more expensive. Elsmere's median monthly rent is $1,082, which works out to $122 (11%) higher than Independence.
Ryland Heights
Ryland Heights is Independence's neighbor to the east. Its real estate prices are a little less expensive. The median home value in Ryland Heights is $134,400, which comes out to $38,900 (28%) lower than Independence. Its rents are fairly similar. In Ryland Heights the median monthly rent is $921, which works out to $39 (4%) lower than Independence.
Erlanger
Erlanger is Independence's neighbor to the northwest. The real estate prices there are a little less expensive. The median home in Erlanger is valued at $136,100, which works out to $37,200 (27%) lower than Independence. Rent there is somewhat less expensive. The median monthly rent in Erlanger is $892, which comes out to $68 (7%) lower than Independence.
Edgewood
Edgewood is roughly 4 miles north of Independence. The housing prices there are a little more expensive. The median home value in Edgewood is $225,600, which is $52,300 (23%) higher than Independence. The rent there is a little more expensive. Edgewood's median rent is $1,166 per month, which comes out to $206 (17%) higher than Independence.
Taylor Mill
Taylor Mill is roughly 4 miles northeast from Independence. Its housing prices are a bit less expensive. Taylor Mill's median home value is $163,100, which comes out to $10,200 (6%) lower than Independence. Its rents are somewhat less expensive. In Taylor Mill the median rent is $849 per month, which is $111 (13%) lower than Independence.
