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Housing in Gratis

A typical Gratis home is worth roughly $155,000

Typical home value
$155K
OH $249K
Estimate
2-bedroom rent
$1,050
a month, utilities in · HUD
Median tax bill
$1,286
OH $2,822

What kind of housing town is Gratis?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2 years of income

Less than across Ohio (3.5 years). Try your own numbers below.

You could afford about
$307,000
Typical Gratis home $155K

That covers a typical Gratis home, with $152K to spare.

The typical home, each month
$920
Loan $770Tax $110Insurance $50

A two-bedroom rents for about $1,050 a month here, $130 more than owning.

Where your budget reaches nearby

How Gratis ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Gratis’s typical property tax (0.83% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

90% of Gratis households own their home

Half of Gratis’s homes were built before 1974.

Owners and renters
Own 90%Rent 10%

Ohio: 67% own.

1974
typical home built · OH 1970
$1,286
median property tax bill · OH $2,822
0.83%
of a home’s value, a year in tax · OH 1.31%
2%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,050

Renters already here pay a median of $825, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$790
1 bedroom$800
2 bedrooms$1,050
3 bedrooms$1,400
4 bedrooms$1,540
10%
of households rent · OH 33%
28
renter households
$825
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Preble County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Gratis vs. its neighbors

The towns that share a border with Gratis. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Gratis$155K*—$1,050$77,500
Lanier$196K*+3.1%†$1,000$62,689

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Gratis buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Gratis still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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