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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in ZCTA5 44240, Ohio?

$1,025/month 3.6%vs 2023 ($989)

ZIP code · Census ACS 5-Year estimates

The median gross rent in ZCTA5 44240, Ohio (ZIP 44240) is $1,025/month (±$44), based on Census ACS 5-Year estimates (2024). The median home value is $226,500 (±$12,914), and the median household income is $57,627/year. The unemployment rate in Portage County, Ohio was 3.2% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 44240

MetricValue
Median Gross Rent$1,025
Median Home Value$226,500
Median Household Income$57,627
Total Housing Units16,753
Renter-Occupied Units8,287
Renter-Occupied Share49%
Households Paying 50%+ Income2,634 households
Unemployment Rate(April 2026)3.2%

How does ZIP 44240 compare?

Median gross rent ranked against all ZIP codes in Ohio.

Higher rent than 71% of ZIP codes in Ohio · 297th of 1009

Cheapest: ZCTA5 45674($391)
Priciest: ZCTA5 45174($3,125)
#ZIP codeValue
1ZCTA5 45174$3,125
2ZCTA5 44040$2,875
3ZCTA5 44023$2,437
… 293 more …
297ZCTA5 44240(you are here)$1,025
… 709 more …
1007ZCTA5 45674$391
1008ZCTA5 44702$298
1009ZCTA5 45160$291

Geography

ZIP 44240 is in Portage County, Ohio.

It covers part of Kent city, Ohio.

More data for ZCTA5 44240

Frequently asked questions

What is the average rent in ZCTA5 44240, Ohio?

The median gross rent in ZCTA5 44240, Ohio (ZIP 44240) is $1,025/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in ZCTA5 44240, Ohio?

The median rent for a 2-bedroom in ZCTA5 44240, Ohio is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in ZCTA5 44240, Ohio?

The median home value in ZCTA5 44240, Ohio (ZIP 44240) is $226,500 according to Census ACS 5-Year estimates (2024).

What percentage of renters in ZCTA5 44240 are rent-burdened?

In ZCTA5 44240, Ohio, 2,634 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in ZCTA5 44240, Ohio?

The median household income in ZCTA5 44240, Ohio is $57,627/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,025 has a margin of error of ±$44. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.