Verona: Housing & Real Estate
Housing in Verona centers on a median value of $153,600 (estimated market value runs 11% higher at $169,843), with median rent $627 (1.3× below Preble County median $794; 1.6× below Ohio median $1,034). Homeownership rate: 89.8%. That's 1.2× below the Preble County median ($180,900); 1.4× below the Ohio median ($214,800). Market is warm. Vacancy rate 7.9%. New construction makes up 0.7% of stock. A municipal building code is in effect.
- 2.3× annual income — home value vs. household income (vs Ohio 2.9×).
- 20.4 years to break even renting at the median (vs Ohio 16y).
- 4-BR rent is 2.0× a studio — rent gradient by unit size.
- Median rent 50% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $153,600 — 0.8× the Ohio median ($194,500). Median rent $627/month. homeownership rate 89.8% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 2.3× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 13.1% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 18.2% |
| Affordability · Poverty Rate | 9.3% |
| Affordability · Property Tax Pct Income | 3.3% |
| Fair Market Rent · Studio rent | $928 (at Ohio median) |
| Fair Market Rent · One-bedroom rent | $1,009 (vs Ohio $1,051) |
| Fair Market Rent · Two-bedroom rent | $1,273 (at Ohio median) |
| Fair Market Rent · Three-bedroom rent | $1,651 (at Ohio median) |
| Fair Market Rent · Four-bedroom rent | $1,817 (vs Ohio $1,760) |
| Fair Market Rent · HUD FMR area | Dayton-Kettering-Beavercreek, OH MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $169,843 |
| Median Home Value | $153,600 (vs Ohio $194,500) |
| Median Rent | $627 (vs Ohio $1,003) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 7.9% |
| Housing Market · New construction (% of stock) | 0.7% |
| Housing Market · Price Appreciation 2Yr | 14.9% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (1)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Ohio median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Ohio median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Ohio median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 64.2% (vs Ohio 49.8%) |
| Broadband · Broadband-capable premises | 212 |
| Electricity · Electricity rate (¢/kWh) | 15.99¢/kWh |
| Electricity · Customers | 5142108 |
| Electricity · Revenue Millions | $8,340 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Ohio median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at Ohio median) |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 89.8% (vs Ohio 60.0%) |
|---|---|
| Median Year Built | 1951 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12