Dayton, OH
Montgomery County · Pop. 136,971
Ranked #32 of 243 cities
56Moderate
Median Home Price
🏠$120K
2.8% YoY
Median Rent
🔑$850
2.0% YoY
Median Income
💰$32K
Rent Burden
📊32.5%
% of income to rent
Income to Buy
🏦$35K
annual income needed
Income to Rent
📝$34K
annual income needed
Price-to-Income
⚖️3.8x
Homeownership
🏡42.0%
Rent vs. Buy
Buy
$639/mo
Est. mortgage (7%, 20% down)
Need $35K/yr income
Rent
$850/mo
Median rent
Need $34K/yr income
How Dayton Compares
| Metric | Dayton | Ohio | National |
|---|---|---|---|
| Home Price | $120K | $220K | $410K |
| Rent | $850 | $1,014 | $1,500 |
| Income | $32K | $68K | $75K |
| Rent Burden | 32.5% | 29.5% | 30.0% |
Key Takeaways
- • Home prices in Dayton are 71% lower than the national average.
- • Rent is 43% lower than the national average.
- • You need an income of $35K to comfortably buy a home here.
- • The homeownership rate is 42.0%, compared to 65.0% nationally.