2026 Affordability Data
Most Affordable Neighborhoods in Lima - 2026 Data
The median home value in Lima is $87,600, 69% below nat'l avg. Median rent is $811/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Lima, OH area.
Key Takeaways: Affordability in Lima
- 1The most affordable neighborhood in Lima is Cincinnati, with a median home value of $170,000.
- 2Lima's median home value is $87,600, 69% below nat'l avg (national: $281,900).
- 3Median rent in Lima is $811/month, 30% below nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Lima to find the most affordable areas based on home values, rent, and affordability index.
Lima Affordability Overview
Median Home Value
$87,600
69% below nat'l avg
Median Rent
$811/mo
30% below nat'l avg
Median Income
$41,824
44% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Lima (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | CincinnatiOH | $170,000 |
| 2 | SalemOH | $113,700 |
| 3 | MonroeOH | $242,000 |
| 4 | LorainOH | $115,200 |
| 5 | HamiltonOH | $141,300 |
| 6 | ClevelandOH | $87,400 |
| 7 | BeachwoodOH | $362,500 |
| 8 | Mount VernonOH | $149,200 |
| 9 | AkronOH | $99,700 |
| 10 | CantonOH | $86,200 |
| 11 | WickliffeOH | $146,600 |
| 12 | CirclevilleOH | $157,900 |
| 13 | East ClevelandOH | $71,800 |
| 14 | New FranklinOH | $185,000 |
| 15 | NewarkOH | $162,300 |
Detailed Neighborhood Profiles
Home Value: $170,000
Rent: $1,554/mo
Affordability: 155
Population: 309,317
Walk Score: 98/100
Home Value: $113,700
Rent: $888/mo
Affordability: 135
Population: 11,861
Walk Score: 0/100
Home Value: $242,000
Rent: $888/mo
Affordability: 135
Population: 15,202
Walk Score: 0/100
4
Home Value: $115,200
Rent: $888/mo
Affordability: 135
Population: 65,138
Walk Score: 0/100
5
Home Value: $141,300
Rent: $888/mo
Affordability: 135
Population: 63,149
Walk Score: 0/100
6
Home Value: $87,400
Rent: $888/mo
Affordability: 135
Population: 370,365
Walk Score: 0/100
7
Home Value: $362,500
Rent: $888/mo
Affordability: 135
Population: 13,846
Walk Score: 0/100
8
Home Value: $149,200
Rent: $888/mo
Affordability: 135
Population: 16,861
Walk Score: 0/100
9
Home Value: $99,700
Rent: $888/mo
Affordability: 135
Population: 190,273
Walk Score: 0/100
10
Home Value: $86,200
Rent: $888/mo
Affordability: 135
Population: 70,589
Walk Score: 0/100
11
Home Value: $146,600
Rent: $888/mo
Affordability: 135
Population: 12,661
Walk Score: 0/100
12
Home Value: $157,900
Rent: $888/mo
Affordability: 135
Population: 14,017
Walk Score: 0/100
13
Home Value: $71,800
Rent: $888/mo
Affordability: 135
Population: 13,926
Walk Score: 0/100
14
Home Value: $185,000
Rent: $888/mo
Affordability: 135
Population: 13,874
Walk Score: 0/100
15
Home Value: $162,300
Rent: $888/mo
Affordability: 135
Population: 50,062
Walk Score: 0/100
Frequently Asked Questions About Affordability in Lima
What is the most affordable neighborhood in Lima, OH?▾
Based on 2026 data, Cincinnati is the most affordable neighborhood in Lima with a median home value of $170,000. Kurby analyzed 15 neighborhoods in the Lima area to compile these rankings.
What is the median home price in Lima, OH?▾
The median home price in Lima is $87,600, which is 69% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Lima, OH?▾
The median monthly rent in Lima is $811. This is 30% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Lima?▾
The median household income in Lima is $41,824 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Lima are below the national average home price?▾
14 out of 15 ranked neighborhoods in Lima have a median home value below the national average of $281,900. The most affordable is Cincinnati at $170,000 (Source: Kurby, 2026).