States › Ohio › Germantown

Is Germantown, OH expensive to live in?

CheapRent takes 15 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,20531% lower than U.S. average
💵 Families earn per year (2026)$97,200about $8,100/month · 12% higher than U.S. average
🔑 House price$205,90038% lower than U.S. average

Rent is lower than in 76% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (82.3%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $48,200 a year. That is $23 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 127 of 288 cities from cheapest to most expensive.

Germantown
$1,205
Brookville
$1,350
Geneva
$894
Groveport
$1,197
Montrose-Ghent
$2,963
Portage Lakes
$1,437
Port Clinton
$1,046

How much do households earn in Germantown?

Under $25k
15.3%
$25k–50k
17.8%
$50k–100k
34.7%
$100k–150k
23.0%
$150k+
8.2%

Share of households by yearly income. 31.2% of households earn $100,000 or more.

How expensive is Germantown overall?

Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).

Housing
73
Goods (food, clothes…)
94
Utilities
96
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Germantown, so the Ohio figure is shown.

Taxes and bills in Germantown

🏛️ Property tax$3,119a year · 1.51% of home value · U.S. $3,119
⚡ Electric bill$130a month (typical) · U.S. $156

Life in Germantown

Commute to work23.6 minU.S.: 26.4 min
College degree28.3%U.S.: 35.7%
Own their home82.3%U.S.: 65.2%
Below poverty line7.6%U.S.: 12.5%
Unemployment6.9%U.S.: 5.2%

Is it cheaper to rent or buy in Germantown?

Renting is cheaper right now: about $224 a month less.

Renting
$1,205
Owning
$1,429

Owning assumes a typical $205,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,590 for the down payment.

Frequently asked questions

What is the average rent in Germantown, OH?

Renting in Germantown costs a median of about $1,205 a month in 2026, including utilities. The Ohio median is $1,261.

How much do I need to make to live in Germantown?

To keep rent under 30% of income, you need about $48,200 a year, or $23 an hour at a full-time job.

Is Germantown cheap or expensive?

Germantown is rated Cheap: rent takes 14.9% of the typical household income of $97,200. It ranks 127th cheapest of 288 Ohio cities we track.

How much are property taxes in Germantown?

The median homeowner in Germantown pays $3,119 a year in property taxes, about 1.51% of the median home value.

Is Germantown 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 Germantown?

The median home value in Germantown is $205,900, about 2.1 times the typical yearly household income.

5,825 people live in Germantown. Numbers are typical (middle) values.