Mortgage Rates in Barberton, Ohio — March 2026
Updated March 2026 | Based on Barberton market data and regional lending conditions
Barberton is a growing city in Ohio with a population of 25,388. The current 30-year fixed mortgage rate in Barberton is 6.87%, which is 0.22% above the national average. With a median home price of $158,000 and a 20% down payment of $31,600, homebuyers can expect a monthly principal and interest payment of approximately $830.
Current Mortgage Rates in Barberton, OH
Below are the current average mortgage rates available in the Barberton area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.87% | 6.65% | +0.22% |
| 15-Year Fixed | 6.09% | 5.89% | +0.2% |
| 5/1 ARM | 6.32% | 6.15% | +0.17% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.12% | 6.85% | +0.27% |
Barberton Housing Market Overview
The Barberton housing market offers relatively affordable housing compared to many major cities. The median household income in Barberton is $47,500, and the cost of living index is 82.1 (national average = 100). Based on the 28% affordability rule, the median income in Barberton is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Barberton
Based on the median home price of $158,000 with 20% down ($31,600), here is what you can expect to pay monthly in Barberton:
15-Year vs. 30-Year Mortgage in Barberton
Choosing a 15-year mortgage in Barberton at 6.09% instead of a 30-year at 6.87% would save you $105,660 in total interest over the life of the loan. However, your monthly payment would be $1,073 instead of $830 — an increase of $243 per month.
Calculate Your Barberton Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Barberton
What are the current mortgage rates in Barberton, OH?
As of March 2026, the average 30-year fixed mortgage rate in Barberton, Ohio is 6.87%, while the 15-year fixed rate is 6.09%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.22% above the national average of 6.65%.
How much is a monthly mortgage payment in Barberton?
Based on the median home price of $158,000 with 20% down, the estimated monthly mortgage payment in Barberton is $830 for principal and interest. Including property taxes of $205/month, the total monthly housing cost is approximately $1,035.
What income do I need to buy a home in Barberton?
Using the 28% rule, you would need an annual income of approximately $44,357 to afford the median-priced home in Barberton at $158,000. The median household income in Barberton is $47,500. The median income is currently sufficient to meet this threshold.
Is Barberton a good place to buy a home in 2026?
Barberton offers a below-average cost of living with a cost of living index of 82.1 (national average = 100). The property tax rate in Ohio is 1.56%, which is above the national average. Barberton has a population of 25,388 and offers a very affordable lifestyle.
Mortgage Rates in Other Ohio Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Barberton, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.