Home prices
The cost of the median home in Mineral Ridge is $121,400. It is approximately $35,100 (40%) higher in comparison to nearby areas.It is roughly $96,100 (44%) lower in comparison to the country as a whole, and compared to the city of Cleveland it is about $51,800 (74%) higher.
Rents
The median monthly rent in Mineral Ridge is $630. In comparison to the surrounding areas it is about $51 (7%) lower.In comparison to the country as a whole it is about $432 (40%) lower, and compared to the city of Cleveland is about $89 (12%) lower.
Nearby places
Niles
Niles is Mineral Ridge's neighbor to the north. The housing prices there are a lot less expensive. The median home in Niles is valued at $85,200, which works out to $36,200 (42%) lower than Mineral Ridge. Rent there is somewhat more expensive. Niles's median rent is $695 per month, which comes out to $65 (9%) higher than Mineral Ridge.
McDonald
McDonald is about 2 miles northeast of Mineral Ridge. The housing prices there are significantly less expensive. McDonald's median home price is $91,500, which comes out to $29,900 (32%) lower than Mineral Ridge. Rents there are a little more expensive. The median rent in McDonald is $741 a month, which comes out to $111 (14%) higher than Mineral Ridge.
Austintown
Austintown is roughly 3 miles south of Mineral Ridge. Real estate prices there are somewhat less expensive. The median home in Austintown costs $97,300, which works out to $24,100 (24%) lower than Mineral Ridge. Its rents are somewhat more expensive. The median monthly rent in Austintown is $693, which comes out to $63 (9%) higher than Mineral Ridge.
Girard
Girard is about 3 miles northeast from Mineral Ridge. Housing prices there are significantly less expensive. The median home cost in Girard is $77,100, which is $44,300 (57%) lower than Mineral Ridge. Rents there are fairly similar. In Girard the median monthly rent is $634, which is very similar to Mineral Ridge.
McKinley Heights
McKinley Heights is approximately 3 miles northeast of Mineral Ridge. Housing prices there are significantly less expensive. The median home in McKinley Heights is valued at $80,400, which is $41,000 (50%) lower than Mineral Ridge. Rent there is similar. McKinley Heights's median monthly rent is $641, which works out to $11 (1%) higher than Mineral Ridge.