University Heights, OH

Average · 93

Ohio · Population 13,508 · Updated March 2026

$1,445
Median Rent / Month
$98,474
Median Income
$224,900
Median Home Value
$1,548
Owner Costs / Month

Affordability

How far your income goes in University Heights

17.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Ohio

State-level tax rates that affect your costs

3.5%
Income Tax (Top Rate)
5.75%
Sales Tax
1.53%
Property Tax Rate

Estimated Annual Costs

$17,340
Annual Rent
$3,447
State Income Tax
$3,441
Property Tax (est.)

Cost of Living Overview

University Heights offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 93 (where 100 equals the national median), University Heights residents can expect to pay median rent of $1,445/month while earning a median household income of $98,474/year.

The median home value in University Heights, OH is $224,900, with typical monthly owner costs around $1,548 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Ohio has a moderate income tax rate of 3.5%. Combined with a 5.75% sales tax rate and 1.53% effective property tax rate, the overall tax environment is a factor in the total cost of living in University Heights.

Frequently Asked Questions

Common questions about living costs in University Heights

What is the cost of living in University Heights, OH?
The cost of living index in University Heights, OH is 93 (US average = 100). Median monthly rent is $1,445, median household income is $98,474/year, and the median home value is $224,900.
Is University Heights, OH affordable?
Yes, University Heights is more affordable than the national average with a cost index of 93. The rent-to-income ratio is 17.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in University Heights, OH?
The median gross rent in University Heights, OH is $1,445 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,340.
What is the median household income in University Heights?
The median household income in University Heights, OH is $98,474 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Ohio?
Ohio has a top income tax rate of 3.5%, a sales tax of 5.75%, and an effective property tax rate of 1.53%.