Rent is higher than in 60% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (88.9%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $73,920 a year. That is $36 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 250 of 288 cities from cheapest to most expensive.
How much do households earn in Springboro?
Share of households by yearly income. 48.2% of households earn $100,000 or more.
Rent by apartment size in Springboro
| Size | Springboro | U.S. average |
|---|---|---|
| 2 bedrooms | $1,180 | $1,509 |
| 3 bedrooms | $1,659 | $1,698 |
| 4 bedrooms | $2,599 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Springboro 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 Springboro, so the Ohio figure is shown.
Taxes and bills in Springboro
Life in Springboro
Is it cheaper to rent or buy in Springboro?
Renting is cheaper right now: about $635 a month less.
Owning assumes a typical $357,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,780 for the down payment.
Frequently asked questions
What is the average rent in Springboro, OH?
Renting in Springboro costs a median of about $1,848 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Springboro?
To keep rent under 30% of income, you need about $73,920 a year, or $36 an hour at a full-time job.
Is Springboro cheap or expensive?
Springboro is rated Cheap: rent takes 17.2% of the typical household income of $129,052. It ranks 250th cheapest of 288 Ohio cities we track.
How much are property taxes in Springboro?
The median homeowner in Springboro pays $4,161 a year in property taxes, about 1.16% of the median home value.
Is Springboro 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 Springboro?
The median home value in Springboro is $357,800, about 2.8 times the typical yearly household income.
19,980 people live in Springboro. Numbers are typical (middle) values.