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Cost of Living in Rocky River, OH

Population 21,490 · Census ACS 2020–2024 5-year estimates

Median rent$1,175
Median home value$349,300
Median household income$94,026

The median rent in Rocky River, OH is $1,175/month, 14% higher than the Ohio median and 17% lower than the U.S. median. The median home value is $349,300, 5% higher than the national median. Households earn a median of $94,026 a year, 32% higher than the state median.

Affordability

Rent as a share of median income: 15.0%
Income needed for median rent (30% rule): $47,000/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,766/mo

Run your own numbers: mortgage calculator · hourly to salary

Rocky River vs. Ohio vs. U.S.

Rocky RiverOhioU.S.
Median rent$1,175$1,034$1,413
Median home value$349,300$214,800$332,700
Median household income$94,026$71,389$80,734
Homeownership rate69.7%67.2%65.2%
Bachelor's degree or higher64.3%31.5%35.7%
Poverty rate5.4%13.3%12.5%
Unemployment rate2.6%4.8%5.2%
Work from home18.5%13.0%15.1%
Median age43.339.738.9

FAQ

What is the average rent in Rocky River, OH?

The median gross rent in Rocky River, OH is $1,175 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Rocky River, OH?

Using the common 30% rule, renting a median-priced home takes about $47,000 a year in gross income.

Is Rocky River, OH expensive to live in?

Rent there is 17% lower than the U.S. median, and the median home costs about 3.7 times the median household income.

Other cities in Ohio

Columbus, OHRent $1,295 · Income $66,082Cleveland, OHRent $945 · Income $40,801Cincinnati, OHRent $1,001 · Income $52,909Toledo, OHRent $901 · Income $49,724Akron, OHRent $955 · Income $48,076Dayton, OHRent $918 · Income $45,247

Cities with a similar cost of living

Hastings, MNRent $1,183 · Income $93,998Caledonia, WIRent $1,141 · Income $93,152Plum, PARent $1,177 · Income $98,705Tooele, UTRent $1,214 · Income $96,221Ridgecrest, CARent $1,186 · Income $89,250Mount Pleasant, WIRent $1,127 · Income $91,616

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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