Home prices
The median home in Cumberland costs $62,300. In comparison to its nearby areas it is roughly $26,720 (30%) lower.Compared to the entire nation it is roughly $155,200 (71%) lower, and compared to the city of Columbus is approximately $89,300 (58%) lower.
Rents
Cumberland's median monthly rent is $600. Compared to nearby areas this is is very similar.It is roughly $462 (43%) lower in comparison to the nation as a whole, and in comparison to the city of Columbus is about $361 (37%) lower.
Nearby places
Pleasant City
Pleasant City is approximately 6 miles northeast of Cumberland. Housing prices there are a bit more expensive. Pleasant City's median home value is $66,700, which works out to $4,400 (6%) higher than Cumberland. The rent there is a bit more expensive. In Pleasant City the median monthly rent is $700, which comes out to $100 (14%) higher than Cumberland.
Belle Valley
Belle Valley is approximately 6 miles southeast of Cumberland. Housing prices there are a bit more expensive. The median home in Belle Valley costs $66,900, which comes out to $4,600 (6%) higher than Cumberland. Rents there are somewhat less expensive. Belle Valley's median rent is $475 per month, which comes out to $125 (26%) lower than Cumberland.
Byesville
Byesville is approximately 9 miles northeast from Cumberland. Its housing prices are a bit more expensive. The price of the median home in Byesville is $77,700, which is $15,400 (19%) higher than Cumberland. Rent there is a little less expensive. The median rent in Byesville is $488 a month, which works out to $112 (22%) lower than Cumberland.
Caldwell
Caldwell is roughly 9 miles southeast from Cumberland. Real estate prices there are a little more expensive. The median home in Caldwell is valued at $87,300, which is $25,000 (28%) higher than Cumberland. The rent there is somewhat more expensive. Caldwell's median monthly rent is $635, which works out to $35 (5%) higher than Cumberland.
New Concord
New Concord is about 10 miles north of Cumberland. Its housing prices are substantially more expensive. New Concord's median home value is $146,500, which is $84,200 (57%) higher than Cumberland. Rents there are a bit more expensive. The median monthly rent in New Concord is $694, which works out to $94 (13%) higher than Cumberland.