Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Lake County, Ohio?
County · Census ACS 5-Year estimates
The median gross rent in Lake County, Ohio is $1,113/month (±$21), based on Census ACS 5-Year estimates (2024). The median home value is $214,100 (±$3,838), and the median household income is $80,925/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Lake County, Ohio and Neighbouring Counties
Housing Metrics for Lake County, Ohio
| Metric | Value |
|---|---|
| Median Gross Rent | $1,113 |
| Median Home Value | $214,100 |
| Median Household Income | $80,925 |
| Total Housing Units | 101,144 |
| Renter-Occupied Units | 24,518 |
| Renter-Occupied Share | 24% |
| Households Paying 50%+ Income | 5,012 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $833 | -17.9% |
| 1 BR | $914 | +6.3% |
| 2 BR | $1,133 | -16.1% |
| 3 BR | $1,409 | -13.1% |
| 4 BR | $1,289 | -48.2% |
| 5+ BR | $1,180 | -33.8% |
How does Lake County, Ohio compare?
Median gross rent ranked against all counties in Ohio.
Higher rent than 91% of counties in Ohio · 9th of 88
| # | County | Value |
|---|---|---|
| 1 | Delaware County | $1,492 |
| 2 | Warren County | $1,361 |
| 3 | Franklin County | $1,302 |
| … 5 more … | ||
| 9 | Lake County(you are here) | $1,113 |
| … 76 more … | ||
| 86 | Meigs County | $722 |
| 87 | Noble County | $707 |
| 88 | Monroe County | $672 |
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Frequently asked questions
What is the average rent in Lake County, Ohio?
The median gross rent in Lake County, Ohio is $1,113/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 Lake County, Ohio?
The median rent for a 2-bedroom in Lake County, Ohio is $1,133/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$21. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Lake County, Ohio?
The median home value in Lake County, Ohio is $214,100 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Lake County are rent-burdened?
In Lake County, Ohio, 5,012 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 Lake County, Ohio?
The median household income in Lake County, Ohio is $80,925/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 $1,113 has a margin of error of ±$21. In very small areas, MOEs can be large relative to the estimate.
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