States › Ohio › Springboro

Is Springboro, OH expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8485% higher than U.S. average
💵 Families earn per year (2026)$129,052about $10,754/month · 48% higher than U.S. average
🔑 House price$357,8008% higher than U.S. average

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.

Springboro
$1,848
$1,314
$1,048

How much do households earn in Springboro?

Under $25k
2.8%
$25k–50k
14.5%
$50k–100k
32.9%
$100k–150k
25.2%
$150k+
23.0%

Share of households by yearly income. 48.2% of households earn $100,000 or more.

Rent by apartment size in Springboro

SizeSpringboroU.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).

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 Springboro, so the Ohio figure is shown.

Taxes and bills in Springboro

🏛️ Property tax$4,161a year · 1.16% of home value · U.S. $3,119
⚡ Electric bill$196a month (typical) · U.S. $156

Life in Springboro

Commute to work24.6 minU.S.: 26.4 min
College degree53.2%U.S.: 35.7%
Own their home88.9%U.S.: 65.2%
Below poverty line2.8%U.S.: 12.5%
Unemployment2.6%U.S.: 5.2%

Is it cheaper to rent or buy in Springboro?

Renting is cheaper right now: about $635 a month less.

Renting
$1,848
Owning
$2,483

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.