States › Ohio › Solon

Is Solon, OH expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7093% lower than U.S. average
💵 Families earn per year (2026)$150,007about $12,501/month · 72% higher than U.S. average
🔑 House price$392,90018% higher than U.S. average

Rent is higher than in 53% of U.S. cities. Household incomes are higher than in 89% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (84.3%) are owned, so rentals can be hard to find. It is a highly educated city: 65% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $68,360 a year. That is $33 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 234 of 288 cities from cheapest to most expensive.

Solon
$1,709
$1,322
$1,722
$1,189
$1,204

How much do households earn in Solon?

Under $25k
5.9%
$25k–50k
10.0%
$50k–100k
27.5%
$100k–150k
24.8%
$150k+
30.2%

Share of households by yearly income. 55.1% of households earn $100,000 or more.

Rent by apartment size in Solon

SizeSolonU.S. average
Studio$1,210$1,338
1 bedroom$1,500$1,324
2 bedrooms$1,876$1,509
3 bedrooms$2,517$1,698
4 bedrooms$2,044$2,098

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

How expensive is Solon 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 Solon, so the Ohio figure is shown.

Taxes and bills in Solon

🏛️ Property tax$7,771a year · 1.98% of home value · U.S. $3,119
⚡ Electric bill$120a month (typical) · U.S. $156

Life in Solon

Commute to work22.9 minU.S.: 26.4 min
College degree65%U.S.: 35.7%
Own their home84.3%U.S.: 65.2%
Below poverty line3.3%U.S.: 12.5%
Unemployment2.4%U.S.: 5.2%

Is it cheaper to rent or buy in Solon?

Renting is cheaper right now: about $1,017 a month less.

Renting
$1,709
Owning
$2,726

Owning assumes a typical $392,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,290 for the down payment.

Frequently asked questions

What is the average rent in Solon, OH?

Renting in Solon costs a median of about $1,709 a month in 2026, including utilities. The Ohio median is $1,261.

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

To keep rent under 30% of income, you need about $68,360 a year, or $33 an hour at a full-time job.

Is Solon cheap or expensive?

Solon is rated Cheap: rent takes 13.7% of the typical household income of $150,007. It ranks 234th cheapest of 288 Ohio cities we track.

How much are property taxes in Solon?

The median homeowner in Solon pays $7,771 a year in property taxes, about 1.98% of the median home value.

Is Solon 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 Solon?

The median home value in Solon is $392,900, about 2.6 times the typical yearly household income.

23,943 people live in Solon. Numbers are typical (middle) values.