A typical Rutland home is worth about $123,000
Up 10.9% in a year, 51% below the Ohio typical home.
The short version on homes in Rutland
Owning can cost less than renting
With 20% down at the calculator’s rate, the typical Rutland home runs about $790 a month with tax and insurance. A two-bedroom rents for about $1,060. Can I afford it? ↓
Values have lagged Ohio
The typical Rutland home is up 8.9% in five years, against a gain of 29% across Ohio. Over the ten years on the chart it’s up 44%, against 91% statewide. Price trend ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through August 2026; permits are Census figures through 2025 (2025 partly estimated); incomes, rents paid, taxes and ownership come from the Census American Community Survey, which has wide margins in a place this size.
Up 8.9% in five years
Slower than Ohio (29.2%).
Show as a table
| January | Rutland | Ohio |
|---|---|---|
| 2017 | $82,000 | $133,000 |
| 2018 | $79,000 | $141,000 |
| 2019 | $81,000 | $150,000 |
| 2020 | $88,000 | $158,000 |
| 2021 | $105,000 | $178,000 |
| 2022 | $114,000 | $195,000 |
| 2023 | $117,000 | $211,000 |
| 2024 | $118,000 | $224,000 |
| 2025 | $115,000 | $237,000 |
| 2026 | $114,000 | $245,000 |
| August 2026 | $123,000 | $249,000 |
A typical Rutland home worth $85K in September 2016 is worth about $123K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A typical home costs 2.3 years of income
Less than across Ohio (3.5 years). Try your own numbers below.
That covers a typical Rutland home, with $73K to spare.
A two-bedroom rents for about $1,060 a month here, $270 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Rutland’s typical property tax (1.41% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,060
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Meigs County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Rutland in 2025 or in any year since 2013.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
Rutland's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
80% of Rutland households own their home
Half of Rutland’s homes were built before 1954.
Ohio: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
On the market in Rutland
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Rutland buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits 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.