Total monthly cost of ownership
Cost to Own a Home in Rittman, Ohio
A $153,000 home here costs
$1,380per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $787. The real number is $594 higher every month — 75% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Rittman against Medina County and Ohio
| Measure | Rittman | Medina County |
|---|---|---|
| Median home value | $153,200 | $268,000 |
| Median property tax | $1,993 | $3,448 |
| Effective tax rate | 1.301% | 1.287% |
| Median gross rent | $749 | $1,090 |
| Population | 6,033 | 183,049 |
Rittman extends across 2 counties. Figures here use Medina County, where most of its housing sits.
The weather behind that power bill
Rittman sits in Medina County, which averages a high of 81.6°F in its hottest month and a low of 16.8°F in its coldest, with 40.55" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 582 cooling and 6,526 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Medina County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Medina County
Common questions
How much does it cost to own a home in Rittman?
A $153,000 home in Rittman, Ohio costs approximately $1,380 per month with 20% down at 6.66%. That is $787 principal and interest, $166 property tax, $57 homeowners insurance, $243 utilities and $128 set aside for maintenance.
What is the property tax rate in Rittman?
Rittman has an effective property tax rate of 1.301%, based on a median home value of $153,200 and median real estate taxes of $1,993. That is higher than the Medina County average of 1.287%.
What is the average home price in Rittman?
The median owner-occupied home value in Rittman, Ohio is $153,200, against $268,000 across Medina County.
Is it cheaper to rent or buy in Rittman?
Median gross rent in Rittman is $749 a month, against $1,380 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Rittman — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Ohio.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.