Cost of Living in Grafton, OH: Rent, Income & Home Prices

CheapRent takes 15 cents of every $1 people earn here.

🏠 Rent per month (2026)$1,20431% lower than U.S. average

💵 Families earn per year (2026)$97,846about $8,154/month · 12% higher than U.S. average

🔑 House price$216,10035% 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 (78.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $48,160 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 126 of 288 cities from cheapest to most expensive.

Grafton

$1,204

$1,700

$929

$1,194

$1,350

$1,205

$591

How much do households earn in Grafton?

Under $25k

8.2%

$25k–50k

19.0%

$50k–100k

44.8%

$100k–150k

12.5%

$150k+

17.4%

Share of households by yearly income. 29.9% of households earn $100,000 or more.

Rent by apartment size in Grafton

Size	Grafton	U.S. average
2 bedrooms	$1,161	$1,509
3 bedrooms	$1,278	$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Grafton overall?

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

Housing

Goods (food, clothes…)

Utilities

Other services

U.S. average

100

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

Taxes and bills in Grafton

🏛️ Property tax$2,509a year · 1.16% of home value · U.S. $3,119

⚡ Electric bill$126a month (typical) · U.S. $156

Life in Grafton

Commute to work26.7 minU.S.: 26.4 min

College degree11.2%U.S.: 35.7%

Own their home78.9%U.S.: 65.2%

Below poverty line9.2%U.S.: 12.5%

Unemployment5.9%U.S.: 5.2%

Is it cheaper to rent or buy in Grafton?

Renting is cheaper right now: about $295 a month less.

Renting

$1,204

Owning

$1,499

Owning assumes a typical $216,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,610 for the down payment.

Frequently asked questions

What is the average rent in Grafton, OH?

Renting in Grafton costs a median of about $1,204 a month in 2026, including utilities. The Ohio median is $1,261.

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

To keep rent under 30% of income, you need about $48,160 a year, or $23 an hour at a full-time job.

Is Grafton cheap or expensive?

Grafton is rated Cheap: rent takes 14.8% of the typical household income of $97,846. It ranks 126th cheapest of 288 Ohio cities we track.

How much are property taxes in Grafton?

The median homeowner in Grafton pays $2,509 a year in property taxes, about 1.16% of the median home value.

Is Grafton 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 Grafton?

The median home value in Grafton is $216,100, about 2.2 times the typical yearly household income.

5,657 people live in Grafton. Numbers are typical (middle) values.

Is Grafton, OH expensive to live in?