Rent is lower than in 64% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $55,640 a year. That is $27 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
No. Rent here is more expensive than in most of Ohio. It is number 184 of 288 cities from cheapest to most expensive.
How much do households earn in Berea?
Share of households by yearly income. 25.5% of households earn $100,000 or more.
Rent by apartment size in Berea
| Size | Berea | U.S. average |
|---|---|---|
| Studio | $876 | $1,338 |
| 1 bedroom | $910 | $1,324 |
| 2 bedrooms | $1,305 | $1,509 |
| 3 bedrooms | $1,627 | $1,698 |
| 4 bedrooms | $1,996 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Berea 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 Berea, so the Ohio figure is shown.
Taxes and bills in Berea
Life in Berea
Is it cheaper to rent or buy in Berea?
About the same. Renting and owning cost within $16 of each other each month.
Owning assumes a typical $198,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,810 for the down payment.
Frequently asked questions
What is the average rent in Berea, OH?
Renting in Berea costs a median of about $1,391 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Berea?
To keep rent under 30% of income, you need about $55,640 a year, or $27 an hour at a full-time job.
Is Berea cheap or expensive?
Berea is rated OK: rent takes 20.7% of the typical household income of $80,808. It ranks 184th cheapest of 288 Ohio cities we track.
How much are property taxes in Berea?
The median homeowner in Berea pays $3,934 a year in property taxes, about 1.99% of the median home value.
Is Berea 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 Berea?
The median home value in Berea is $198,100, about 2.5 times the typical yearly household income.
18,218 people live in Berea. Numbers are typical (middle) values.