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Rent vs buy in Cuyahoga Falls, OH

The typical rent in Cuyahoga Falls, Ohio is $1,411 /mo, while the typical home price is $217,823.

Rent vs buy Cuyahoga Falls verdict card: Renting is ahead by $7k over 7 years.
Rent

Renting is ahead by $7k over 7 years.

Today's mortgage rate and 20% down apply, based on Cuyahoga Falls's typical home value and rent. Costs break even at year 9.

A clearly labeled opinion with the math shown. These figures are estimates, not quotes. The stamp updates whenever you change a number.

How much renting leads
$7k
after 7 years
When costs break even
Year 9
when owning catches up
Full cost of ownership
$2,040 each month
year 1, against $1,411 rent

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The stamp relies on Cuyahoga Falls's typical home value and rent. Your rent, price and number of years may change the result.

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Is renting or buying cheaper in Cuyahoga Falls?

Across 7 years, renting saves $6,837 after counting the money you receive when you sell. During the first 8 years, renting costs less. By year 9, owning catches up.

Renting. Owning. The net cost to date, year by year.

$0$100k$200k$300kyr 1yr 3yr 5yr 7yr 9yr 11yr 13yr 15

Average rent compared with mortgage payment in Cuyahoga Falls

Year 1 monthly costs at Cuyahoga Falls's typical price go beyond rent and the mortgage, so here's the full picture.

Each month, year 1AmountWhat it is
Rent$1,411All of it, every month
Mortgage payment$1,188$1,047 of it is interest in year 1
Property tax$2901.6% of the value a year
Insurance$76Census median for the city
Upkeep$1821% of the value a year
Owning, cash out$1,736$141 of it builds equity
Lost return on the down payment$354Annual earnings on the cash at 8.3%
Buying costs, spread out$913.5% of the price over 7 years
True cost of owning$2,040Subtract the equity part from cash out, then add the two lines above

The Cuyahoga Falls verdict in numbers

Typical home valueZillow ZHVI, September 2026
$217,823
Typical rentZillow ZORI, September 2026
$1,411 /mo
Down payment20% avoids private mortgage insurance, which the engine does not model
20%
Mortgage rateFreddie Mac Primary Mortgage Market Survey (FRED MORTGAGE30US)
7.24%
Home price growthFHFA house price index, Ohio, 1995 to 2025
3.5% a year
Rent growthCPI rent of primary residence, yearly growth 2006 to 2026
3.5% a year
Return on savings60% S&P 500 with dividends and 40% 10-year Treasuries, rebalanced yearly, 1928 to 2025
8.3% a year
Property taxCensus ACS 2020-2024, Cuyahoga Falls
1.6% of value
Home insuranceCensus ACS 2020-2024, Cuyahoga Falls
$76 /mo
MaintenanceFannie Mae, low end of 1% to 4%
1% of value a year
Buying costsFreddie Mac, middle of 2% to 5%
3.5% of price
Selling costsAgent commission plus closing costs
6% of price

In Cuyahoga Falls, what would reverse it?

Each line shows the point where the 7-year result in Cuyahoga Falls changes, while all other factors stay the same.

Renting wins if

  • Home prices rise by less than 3.9% each year (we use 3.5%, a long-run figure from Ohio's own history).
  • The mortgage rate remains above 6.68%.
  • A home like this has a rent under $1,480 each month (typical here: $1,411).
  • Before year 9, you move.

Buying becomes the better choice when

  • Home prices rise by more than 3.9% each year.
  • Today's rate is 7.24%. You secure a mortgage rate below 6.68%.
  • Monthly rent for the same home would exceed $1,480.
  • You remain there for at least 9 years.

How Cuyahoga Falls compares with 812 other cities

MeasureCuyahoga FallsMedian city
Typical home value$217,823$422,451
Typical rent$1,411 /mo$1,837 /mo
Price-to-rent ratio12.9 (#732 of 813)18.5
Home prices, last 10 years6.3% a year6.2% a year
Rents, last 5 years6.3% a year4% a year
Property tax1.60%0.87%
Households that rent36%42%

Sources: Zillow ZHVI and ZORI, Census ACS 2020-2024.

Cities in Ohio besides Cuyahoga Falls

Rent or buy in Ohio: the state's numbers