Home prices
The price of the median home in Farrell is $55,400. In comparison to other places in this area this is about $23,100 (29%) lower.In comparison to the entire nation it is roughly $162,100 (74%) lower, and compared to the city of Cleveland is about $14,200 (20%) lower.
Rents
In Farrell the median rent is $715 per month. It is roughly $51 (7%) higher in comparison to the surrounding areas.Compared to the country as a whole it is about $347 (32%) lower, and compared to the city of Cleveland is is very similar.
Nearby places
Wheatland
Wheatland is Farrell's neighbor to the south. The housing prices there are a little more expensive. The median home price in Wheatland is $58,700, which is $3,300 (5%) higher than Farrell. Rents there are pretty similar. In Wheatland the median monthly rent is $682, which comes out to $33 (4%) lower than Farrell.
Sharon
Sharon is Farrell's neighbor to the north. The housing prices there are somewhat more expensive. The cost of the median home in Sharon is $65,400, which comes out to $10,000 (15%) higher than Farrell. Its rents are a bit less expensive. The median rent in Sharon is $585 per month, which is $130 (22%) lower than Farrell.
West Hill
West Hill is Farrell's neighbor to the northwest. The real estate prices there are a lot less expensive. West Hill's median home value is $41,900, which works out to $13,500 (32%) lower than Farrell. Its rents are a lot less expensive. In West Hill the median rent is $530 per month, which comes out to $185 (34%) lower than Farrell.
Masury
Masury is Farrell's neighbor to the west. Real estate prices there are a little more expensive. The median home in Masury costs $77,500, which works out to $22,100 (28%) higher than Farrell. Rent there is similar. The median rent in Masury is $717 a month, which is very similar to Farrell.
Hermitage
Hermitage is Farrell's neighbor to the northeast. Its housing prices are substantially more expensive. The median home in Hermitage costs $149,000, which is $93,600 (62%) higher than Farrell. Rent there is a bit more expensive. The median rent in Hermitage is $808 per month, which is $93 (11%) higher than Farrell.