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 (82.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $47,800 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 119 of 288 cities from cheapest to most expensive.
How much do households earn in Tallmadge?
Share of households by yearly income. 31.5% of households earn $100,000 or more.
Rent by apartment size in Tallmadge
| Size | Tallmadge | U.S. average |
|---|---|---|
| 1 bedroom | $1,069 | $1,324 |
| 2 bedrooms | $1,219 | $1,509 |
| 3 bedrooms | $1,485 | $1,698 |
| 4 bedrooms | $1,579 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Tallmadge 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 Tallmadge, so the Ohio figure is shown.
Taxes and bills in Tallmadge
Life in Tallmadge
Is it cheaper to rent or buy in Tallmadge?
Renting is cheaper right now: about $418 a month less.
Owning assumes a typical $232,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,250 for the down payment.
Frequently asked questions
What is the average rent in Tallmadge, OH?
Renting in Tallmadge costs a median of about $1,195 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Tallmadge?
To keep rent under 30% of income, you need about $47,800 a year, or $23 an hour at a full-time job.
Is Tallmadge cheap or expensive?
Tallmadge is rated Cheap: rent takes 14.9% of the typical household income of $96,429. It ranks 119th cheapest of 288 Ohio cities we track.
How much are property taxes in Tallmadge?
The median homeowner in Tallmadge pays $3,572 a year in property taxes, about 1.54% of the median home value.
Is Tallmadge 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 Tallmadge?
The median home value in Tallmadge is $232,500, about 2.4 times the typical yearly household income.
18,335 people live in Tallmadge. Numbers are typical (middle) values.