$3,030 Per Month
- 4 Beds
- 3.5 Baths
- 3,002 Sq Ft
- House for Rent
288 Mahogany Ln, Commercial Point, OH 43116
288 Mahogany Ln, Commercial Point, OH 43116
Frequently Asked Questions
How much does it cost to rent a home in Commercial Point, OH?
The median rent for a home in Commercial Point, OH is $2,195 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Commercial Point, OH?
To comfortably afford the median rent in Commercial Point, OH, a household needs to earn roughly $87,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,195 per month in Commercial Point, OH, renters typically need to show $6,585 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Commercial Point, OH?
In Commercial Point, OH, the price-to-rent ratio is 16.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Commercial Point, OH are best for renting a home?
The best neighborhood for renting in Commercial Point, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Obetz-Lockbourne, Willow Creek, Marion Franklin, Reeb-Hosack/Hungarian Village and Merion Village, each with its own character and price range.
