The typical home in Dayton, OH is worth about $200,000.
With 20% down that's a loan near $160,000 — the calculator
is pre-filled with that figure. Wright-Patterson Air Force Base anchors a stable, if slow-growing, local economy, and home prices remain among the most affordable in the Midwest. Ohio's above-average property tax rate is the main offset to that affordability.
$1,038.82 / month
Total interest
$213,976
Total paid
$373,976
Payoff
30.0 years
How much you need to earn
Dayton, OH's median household income is about
$58,000 a year. Under standard 28/36
lending rules that supports a home price around
$188,117 with 20% down —
below the $200,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Dayton, OH is about $1,150 a month, so owning the median home costs roughly
$280 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Dayton, OH?
On the metro's roughly $200,000 typical home with 20% down, the loan is about $160,000. Principal and interest run near $1,039 a month at today's rate, and Dayton, OH's property tax plus insurance add about $392, for a full payment near $1,430.
Can I afford a home in Dayton, OH on the median income?
The median household income is about $58,000 a year. Under standard 28/36 lending rules that supports a home price around $188,117 with 20% down — below the $200,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Dayton, OH?
Typical asking rent is about $1,150 a month. The full owner payment on a median home is near $1,430, so owning costs roughly $280 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Dayton, OH?
The effective property tax rate in the core county is about 1.70% of market value — roughly $3,400 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Dayton, OH rising or falling?
Home values are up about 5% over the past year. Wright-Patterson Air Force Base anchors a stable, if slow-growing, local economy, and home prices remain among the most affordable in the Midwest. Ohio's above-average property tax rate is the main offset to that affordability.