Housing decision brief
Holmes County, OH Housing Market
Holmes County screens as a higher purchase price, below-state rent, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
81st lowest home value out of 88 Ohio counties with data | 18th lowest rent out of 88
Median home value
$251,800
Purchase-price signal from Census ACS.
Median rent
$773/mo
Gross rent, including utilities where reported.
Monthly owner cost
$986/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
3.4x
Median home value divided by local household income.
Rent burden
23.0%
Below 30% usually screens as less pressured.
Rent vs own
$213/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower rent
$773/mo is 7% below Ohio county median
Rent burden below pressure line
23.00% of renter income goes to rent, below the 30% burden threshold.
What to Check
Tax rate needs attention
1.11% effective property-tax rate is 11% above Ohio county median
Water quality cross-check
Water quality grade is F. Review water data before treating housing cost as the full story.
Health context
Health score is 31.2 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Renters trying to keep rent below the burden threshold
Poor Fit For
- Buyers focused only on purchase price and ignoring annual property tax
- Buyers who will not investigate local water systems before moving
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Holmes County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $251,800 | $173,050 | $281,900 | 46% pressure46% above Ohio county median |
Median gross rent Lower usually helps affordability. | $773 | $833 | $1,163 | 7% favorable7% below Ohio county median |
Monthly owner cost Lower usually helps affordability. | $986 | $903 | $1,672 | 9% pressure9% above Ohio county median |
Median household income | $74,774 | $65,182 | $74,755 | 15% favorable15% above Ohio county median |
Effective property-tax rate Lower usually helps affordability. | 1.11% | 1.00% | 1.02% | 11% pressure11% above Ohio county median |
Rent burden Lower usually helps affordability. | 23.00% | 26.00% | N/A | 12% favorable23.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$43,854
Median income minus rent threshold.
Owner cushion
+$32,517
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
For renters in Holmes County, the market is affordable. Expect to pay around $773/month in gross rent, with 23.0% of renter households considered cost-burdened.
Rent vs own
The median rent in Holmes County is $773/month, while owner costs run $986/month. Renting saves approximately $213/month.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,920/year. For owner costs at the 28% rule, the required income is roughly $42,257/year. With a median household income of $74,774, most households can comfortably afford rent here. Notably, 23.0% of renter households in Holmes County are cost-burdened, spending more than 30% of income on housing.
Regional context
Holmes County sits 6% less expensive than Huron County ($824/month) in terms of median gross rent.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Mercer County, OH | $208,600 | $812/mo | Same-state comparison near $208,600 home value and $812/mo rent. |
| Pickaway County, OH | $235,700 | $965/mo | Same-state comparison near $235,700 home value and $965/mo rent. |
| Knox County, OH | $218,300 | $925/mo | Same-state comparison near $218,300 home value and $925/mo rent. |
| Licking County, OH | $250,700 | $999/mo | Same-state comparison near $250,700 home value and $999/mo rent. |
| Wayne County, OH | $204,600 | $849/mo | Same-state comparison near $204,600 home value and $849/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Holmes County
Is Holmes County affordable for buying a home?
Is renting or owning cheaper in Holmes County?
How much income do you need for housing in Holmes County?
What should I double-check before moving to Holmes County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.