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Versailles

Learn about the people, housing, costs and businesses in Versailles, Ohio

Median Home$243,400
Median Rent$725/month
Population2,670
Leading IndustriesRetail · Construction · Finance & Insurance29% retail
Home Value Growth⬆⬆⬆+28.6% over 2 years
Young Adults23% of residents
Homeowners76% of occupied units
NotableTransit90/100 · excellent transit access
NotableAmenity Score68/100 · highly walkable area
Versailles
OH

Frequently Asked Questions

What are today's mortgage rates in Versailles?

As of today, the 30-year fixed mortgage rate for Versailles is approximately 7.066% (7.108% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Versailles?

The median home value in Versailles is $243k. The median monthly rent is $725. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Versailles?

Home values in Versailles have increased 28.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Versailles?

Based on a typical all-in ownership cost of $842/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Versailles is $86k/year.

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What industries drive the economy in Versailles?

The largest employment sectors in Versailles are retail (29%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.