Mortgage payment estimates, closing cost breakdowns, and homebuying data for Zanesville, Ohio.
Median Home Price
$125K
Population
25K
Avg Monthly Rent
$750
Property Tax Rate
1.56% *
* Property tax shown is the Ohio state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Zanesville.
Zanesville vs Ohio Median
The median home price in Zanesville is $125,000, which is 42% below the Ohio state median of $215,000.
Mortgage Calculator — Zanesville, OH
Pre-filled with Zanesville median home price and Ohio tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $125K home using Ohio's 1.56% tax rate and $1,400/yr insurance.
5% Down
$1,099/mo
Down: $6,250
Loan: $119K
P&I: $751
Tax: $163
Insurance: $117
PMI: $69
10% Down
$1,056/mo
Down: $12,500
Loan: $113K
P&I: $711
Tax: $163
Insurance: $117
PMI: $66
20% Down (No PMI)
$911/mo
Down: $25,000
Loan: $100K
P&I: $632
Tax: $163
Insurance: $117
Income needed (28% rule): $39K/year with 20% down, $45K/year with 10% down.
Rent vs Buy in Zanesville
Rent
$750/mo
vs
Buy (10% down)
$1,056/mo
Price-to-rent ratio: 13.9 — With a ratio under 15, buying in Zanesville is likely more cost-effective than renting if you plan to stay 3+ years. The monthly cost of buying is $306 more than renting, but you build equity with every payment.
The median home price in Zanesville is $125,000, 42% below the Ohio state median of $215,000. With a population of 25,378, Zanesville is a smaller market where home prices tend to be more accessible than in many parts of Ohio.
Property taxes in Ohio average 1.56% annually. This higher-than-average tax rate means a $125,000 home in Zanesville would carry roughly $163/month in property taxes alone — plan accordingly. Homeowners insurance in Ohio runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Zanesville is $750/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Zanesville over the long term.
Zanesville offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Ohio's OHFA Your Choice! Down Payment Assistance program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Zanesville.