Mortgage Rates in Wadsworth, Ohio — March 2026
Updated March 2026 | Based on Wadsworth market data and regional lending conditions
Wadsworth is a growing city in Ohio with a population of 23,580. The current 30-year fixed mortgage rate in Wadsworth is 6.78%, which is 0.13% above the national average. With a median home price of $153,000 and a 20% down payment of $30,600, homebuyers can expect a monthly principal and interest payment of approximately $796.
Current Mortgage Rates in Wadsworth, OH
Below are the current average mortgage rates available in the Wadsworth 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 | 6.78% | 6.65% | +0.13% |
| 15-Year Fixed | 6.02% | 5.89% | +0.13% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.03% | 6.85% | +0.18% |
Wadsworth Housing Market Overview
The Wadsworth housing market offers relatively affordable housing compared to many major cities. The median household income in Wadsworth is $47,700, and the cost of living index is 80.1 (national average = 100). Based on the 28% affordability rule, the median income in Wadsworth is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Wadsworth
Based on the median home price of $153,000 with 20% down ($30,600), here is what you can expect to pay monthly in Wadsworth:
15-Year vs. 30-Year Mortgage in Wadsworth
Choosing a 15-year mortgage in Wadsworth at 6.02% instead of a 30-year at 6.78% would save you $100,440 in total interest over the life of the loan. However, your monthly payment would be $1,034 instead of $796 — an increase of $238 per month.
Calculate Your Wadsworth 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 Wadsworth
What are the current mortgage rates in Wadsworth, OH?
As of March 2026, the average 30-year fixed mortgage rate in Wadsworth, Ohio is 6.78%, while the 15-year fixed rate is 6.02%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.13% above the national average of 6.65%.
How much is a monthly mortgage payment in Wadsworth?
Based on the median home price of $153,000 with 20% down, the estimated monthly mortgage payment in Wadsworth is $796 for principal and interest. Including property taxes of $209/month, the total monthly housing cost is approximately $1,005.
What income do I need to buy a home in Wadsworth?
Using the 28% rule, you would need an annual income of approximately $43,071 to afford the median-priced home in Wadsworth at $153,000. The median household income in Wadsworth is $47,700. The median income is currently sufficient to meet this threshold.
Is Wadsworth a good place to buy a home in 2026?
Wadsworth offers a below-average cost of living with a cost of living index of 80.1 (national average = 100). The property tax rate in Ohio is 1.64%, which is above the national average. Wadsworth has a population of 23,580 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 Wadsworth, Ohio area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.