salaryRent is lower than in 88% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (91.4%) are owned, so rentals can be hard to find. It is a highly educated city: 68.5% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $39,560 a year. That is $19 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
Yes. Rent here is cheaper than in most of Ohio. It is number 49 of 288 cities from cheapest to most expensive.
How much do households earn in Bay Village?
Share of households by yearly income. 53.4% of households earn $100,000 or more.
Rent by apartment size in Bay Village
| Size | Bay Village | U.S. average |
|---|---|---|
| 1 bedroom | $901 | $1,324 |
| 2 bedrooms | $1,588 | $1,509 |
| 3 bedrooms | $2,084 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Bay Village overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Bay Village, so the Ohio figure is shown.
Taxes and bills in Bay Village
Life in Bay Village
Is it cheaper to rent or buy in Bay Village?
Renting is cheaper right now: about $1,460 a month less.
Owning assumes a typical $353,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,300 for the down payment.
Frequently asked questions
What is the average rent in Bay Village, OH?
Renting in Bay Village costs a median of about $989 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Bay Village?
To keep rent under 30% of income, you need about $39,560 a year, or $19 an hour at a full-time job.
Is Bay Village cheap or expensive?
Bay Village is rated Cheap: rent takes 8.3% of the typical household income of $142,636. It ranks 49th cheapest of 288 Ohio cities we track.
How much are property taxes in Bay Village?
The median homeowner in Bay Village pays $7,361 a year in property taxes, about 2.09% of the median home value.
Is Bay Village more expensive than the national average?
Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Bay Village?
The median home value in Bay Village is $353,000, about 2.5 times the typical yearly household income.
15,984 people live in Bay Village. Numbers are typical (middle) values.