Bailey Lakes, OH
Full City Profile · Ohio · Ashland County County
3.9
/5.0
B+
Good
330
Population
868/sq mi density
$68,750
Median Income
$32,125 per capita
$131,300
Home Value
$193,683 Zillow
$924
Median Rent
22.0% income on rent
51°F
Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$68,750 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$131,300 home value, $924/mo rent
C+
Education
2.6 / 5.0
19.8% bachelor's degree or higher
Housing Overview
Median Home Value
$131,300
53% below
US avg: $281,900
Median Rent
$924/mo
21% below
US avg: $1,163/mo
Homeownership Rate
63.8%
2% below US avg (65.4%)
Total Housing Units
160
Median year built: 1963
Home Value by Source
Census Median
$131,300
Zillow (ZHVI)
$193,683
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.8%
Owner-Occupied
36.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$924/mo
Affordability & Housing Stock
Rent Burden
22.0%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
63.8%
Complete Housing Data
Home Values
| Census Median Value | $131,300 |
| Zillow Home Value (ZHVI) | $193,683 |
Rent
| Census Median Rent | $924 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
Ownership & Stock
| Owner-Occupied | 63.8% |
| Renter-Occupied | 36.2% |
| Homeownership Rate | 63.8% |
| Total Housing Units | 160 |
| Median Year Built | 1963 |
| Rent Burden | 22.0% |