Allen County, Ohio Housing Market Prices
Allen County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 63% below the Ohio median Cheaper than 89% of counties in Ohio$51,379
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Median rent 11% below the Ohio median$922
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Allen County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $51,379 | $139,044 | $248,835 |
| Price Trend (Annual %) | -1.4% | 6.7% | 7.5% |
| Median Gross Rent | $922 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Allen County is about 63% lower than in Ohio. Rent is about 11% lower than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Allen County: home prices fell about 1.4% a year while rent rose about 4.3% a year. That is an unusual pattern worth watching.
Median rent in Allen County rose about 44.5% between 2015 and 2024, from $638 to $922. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Allen County.
Buying the median-priced home in Allen County costs roughly 4.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Allen County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Allen County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $51,379 | $139,044 | $248,835 |
| Median Household Income | $64,736 | $71,509 | $80,455 |
| Price-to-Income Ratio | 0.8 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Allen County fell about 27.8%, while median household income rose about 39.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Allen County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.4% | 61.7% | 58.5% |
| Rental Rate | 29.8% | 30.1% | 31.2% |
| Vacancy Rate | 7.8% | 8.1% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Allen County has a homeownership rate of 62.4%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 7.8%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Allen County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1965 | 1970 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Allen County was built around 1965. On average, 2.4 people live in a home with about 6.0 rooms, staying for about 16.0 years on average.
Allen County, OH Housing Compared With Nearby Counties
Allen County, OH is the largest of the 5 counties compared here, 101,348 residents against a local median of 31,570. Allen County, OH's median home price, at $51,379, runs 40% below the $86,048 typical of the counties around it.
Homeownership tells the same story from another angle: 67.7% against a local median of 80.1%, 15% below it. The one measure here that carries a verdict is homeownership, and at 15% below the local median it puts Allen County, OH at the weaker end of the local range. The counties themselves spread $125,460 on median home price, so Allen County, OH sits at one end of an already wide local range rather than apart from it. Allen County, OH has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Allen County, OH | 101,348 | $51,379 #4/5 | $922 #1/5 | 67.7% #5/5 |
| Auglaize County, OH | 46,123 | $87,651 | $867 | 78.1% |
| Putnam County, OH | 34,314 | $142,781 | $854 | 87.1% |
| Hardin County, OH | 27,171 | $17,321 | $792 | 74.7% |
| Van Wert County, OH | 28,826 | $84,445 | $781 | 82.1% |
Frequently Asked Questions
Common questions about the housing market in Allen County, Ohio.
What is the median home price in Allen County, Ohio?
The median home price in Allen County, Ohio is $51,379, lower than the Ohio average of $139,044.
What is the average home price in Allen County, Ohio?
The typical home price in Allen County, Ohio, reported as the median sale price, is $51,379. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Allen County, Ohio?
The median gross rent in Allen County, Ohio is $922 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Allen County in 2020?
In 2020, the median gross rent in Allen County, Ohio was $722 per month.
What is the price-to-rent ratio in Allen County, Ohio?
The price-to-rent ratio in Allen County, Ohio is about 4.6, meaning it would take roughly 4.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Allen County.
Are home prices or rent rising faster in Allen County, Ohio?
Home prices and rent are moving in opposite directions in Allen County: home prices fell about 1.4% a year while rent rose about 4.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Allen County, Ohio?
62.4% of households in Allen County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Allen County, Ohio?
The housing vacancy rate in Allen County, Ohio is 7.8%, lower than the Ohio average of 8.1%.
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