States › Ohio › Willoughby

Is Willoughby, OH expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,36022% lower than U.S. average
💵 Families earn per year (2026)$76,907about $6,409/month · 12% lower than U.S. average
🔑 House price$216,90035% lower than U.S. average

Rent is lower than in 66% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $54,400 a year. That is $26 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 170 of 288 cities from cheapest to most expensive.

Willoughby
$1,360
$1,709
$1,322
$1,722
$1,204
$1,189

How much do households earn in Willoughby?

Under $25k
10.4%
$25k–50k
27.1%
$50k–100k
33.9%
$100k–150k
16.1%
$150k+
7.7%

Share of households by yearly income. 23.8% of households earn $100,000 or more.

Rent by apartment size in Willoughby

SizeWilloughbyU.S. average
Studio$1,434$1,338
1 bedroom$1,191$1,324
2 bedrooms$1,324$1,509
3 bedrooms$1,531$1,698
4 bedrooms$2,322$2,098

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

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

Taxes and bills in Willoughby

🏛️ Property tax$3,585a year · 1.65% of home value · U.S. $3,119
⚡ Electric bill$94a month (typical) · U.S. $156

Life in Willoughby

Commute to work22.7 minU.S.: 26.4 min
College degree36.6%U.S.: 35.7%
Own their home63.4%U.S.: 65.2%
Below poverty line9.5%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Willoughby?

Renting is cheaper right now: about $145 a month less.

Renting
$1,360
Owning
$1,505

Owning assumes a typical $216,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,690 for the down payment.

Frequently asked questions

What is the average rent in Willoughby, OH?

Renting in Willoughby costs a median of about $1,360 a month in 2026, including utilities. The Ohio median is $1,261.

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

To keep rent under 30% of income, you need about $54,400 a year, or $26 an hour at a full-time job.

Is Willoughby cheap or expensive?

Willoughby is rated OK: rent takes 21.2% of the typical household income of $76,907. It ranks 170th cheapest of 288 Ohio cities we track.

How much are property taxes in Willoughby?

The median homeowner in Willoughby pays $3,585 a year in property taxes, about 1.65% of the median home value.

Is Willoughby 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 Willoughby?

The median home value in Willoughby is $216,900, about 2.8 times the typical yearly household income.

24,046 people live in Willoughby. Numbers are typical (middle) values.