Youngstown, Ohio Housing Market Prices
Youngstown 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 49% below the Ohio median$70,914
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Median rent 30% below the Ohio median$728
Housing Market Overview
| Metric | Youngstown | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $70,914 | $139,044 | $248,835 |
| Price Trend (Annual %) | 20.2% | 6.7% | 7.5% |
| Median Gross Rent | $728 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 2.1% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Youngstown is about 49% lower than in Ohio. Rent is about 30% lower than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Youngstown, up about 20.2% and 2.1% a year respectively. Home prices are changing faster.
Median rent in Youngstown rose about 18.4% between 2015 and 2024, from $615 to $728. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Youngstown.
Buying the median-priced home in Youngstown costs roughly 8.1 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 Youngstown. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Youngstown | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $70,914 | $139,044 | $248,835 |
| Median Household Income | $34,599 | $71,509 | $80,455 |
| Price-to-Income Ratio | 2.0 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Youngstown rose about 219.1%, while median household income rose about 33.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Youngstown | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.8% | 61.7% | 58.5% |
| Rental Rate | 37.2% | 30.1% | 31.2% |
| Vacancy Rate | 15.0% | 8.1% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Youngstown has a homeownership rate of 47.8%, lower than the Ohio average of 61.7%. Its housing vacancy rate is 15.0%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Youngstown | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.22 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1951 | 1970 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in Youngstown was built around 1951. On average, 2.2 people live in a home with about 5.8 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Youngstown, Ohio.
What is the median home price in Youngstown, Ohio?
The median home price in Youngstown, Ohio is $70,914, lower than the Ohio average of $139,044.
What is the average home price in Youngstown, Ohio?
The typical home price in Youngstown, Ohio, reported as the median sale price, is $70,914. 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 Youngstown, Ohio?
The median gross rent in Youngstown, Ohio is $728 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Youngstown in 2020?
In 2020, the median gross rent in Youngstown, Ohio was $638 per month.
What is the price-to-rent ratio in Youngstown, Ohio?
The price-to-rent ratio in Youngstown, Ohio is about 8.1, meaning it would take roughly 8.1 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 Youngstown.
Are home prices or rent rising faster in Youngstown, Ohio?
Both home prices and rent are rising in Youngstown, up about 20.2% and 2.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Youngstown, Ohio?
47.8% of households in Youngstown, Ohio own their home, lower than the Ohio average of 61.7%.
What is the vacancy rate in Youngstown, Ohio?
The housing vacancy rate in Youngstown, Ohio is 15.0%, higher than the Ohio average of 8.1%.
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