$1,325 Per Month
- 2 Beds
- 1 Bath
- 719 Sq Ft
- Apartment for Rent
160 N 4th St Unit 162, Waynesville, OH 45068
160 N 4th St Unit 162, Waynesville, OH 45068
Frequently Asked Questions
How much does it cost to rent a home in Waynesville, OH?
The median rent for a home in Waynesville, OH is $1,325 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Waynesville, OH?
To comfortably afford the median rent in Waynesville, OH, a household needs to earn roughly $53,000 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 $1,325 per month in Waynesville, OH, renters typically need to show $3,975 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 Waynesville, OH?
In Waynesville, OH, the price-to-rent ratio is 29.7, 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 Waynesville, OH are best for renting a home?
The best neighborhood for renting in Waynesville, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Woodbourne-Hyde Park and Downtown Miamisburg, each with its own character and price range.
