Mortgage Rates in Strongsville, Ohio — March 2026
Updated March 2026 | Based on Strongsville market data and regional lending conditions
Strongsville is a growing city in Ohio with a population of 44,730. The current 30-year fixed mortgage rate in Strongsville is 6.68%, which is 0.03% above the national average. With a median home price of $174,000 and a 20% down payment of $34,800, homebuyers can expect a monthly principal and interest payment of approximately $896.
Current Mortgage Rates in Strongsville, OH
Below are the current average mortgage rates available in the Strongsville 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 | 6.68% | 6.65% | +0.03% |
| 15-Year Fixed | 5.93% | 5.89% | +0.04% |
| 5/1 ARM | 6.21% | 6.15% | +0.06% |
| FHA | 6.47% | 6.25% | +0.22% |
| VA | 6.22% | 6.05% | +0.17% |
| Jumbo | 6.93% | 6.85% | +0.08% |
Strongsville Housing Market Overview
The Strongsville housing market offers relatively affordable housing compared to many major cities. The median household income in Strongsville is $59,500, and the cost of living index is 79.2 (national average = 100). Based on the 28% affordability rule, the median income in Strongsville is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Strongsville
Based on the median home price of $174,000 with 20% down ($34,800), here is what you can expect to pay monthly in Strongsville:
15-Year vs. 30-Year Mortgage in Strongsville
Choosing a 15-year mortgage in Strongsville at 5.93% instead of a 30-year at 6.68% would save you $112,140 in total interest over the life of the loan. However, your monthly payment would be $1,169 instead of $896 — an increase of $273 per month.
Calculate Your Strongsville 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 Strongsville
What are the current mortgage rates in Strongsville, OH?
As of March 2026, the average 30-year fixed mortgage rate in Strongsville, Ohio is 6.68%, while the 15-year fixed rate is 5.93%. FHA loans average 6.47% and VA loans 6.22%. These rates are 0.03% above the national average of 6.65%.
How much is a monthly mortgage payment in Strongsville?
Based on the median home price of $174,000 with 20% down, the estimated monthly mortgage payment in Strongsville is $896 for principal and interest. Including property taxes of $228/month, the total monthly housing cost is approximately $1,124.
What income do I need to buy a home in Strongsville?
Using the 28% rule, you would need an annual income of approximately $48,171 to afford the median-priced home in Strongsville at $174,000. The median household income in Strongsville is $59,500. The median income is currently sufficient to meet this threshold.
Is Strongsville a good place to buy a home in 2026?
Strongsville offers a below-average cost of living with a cost of living index of 79.2 (national average = 100). The property tax rate in Ohio is 1.57%, which is above the national average. Strongsville has a population of 44,730 and offers a very affordable lifestyle.
Mortgage Rates in Other Ohio Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Strongsville, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.