Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Lorain County, Ohio?
County · Census ACS 5-Year estimates
The median gross rent in Lorain County, Ohio is $966/month (±$21), based on Census ACS 5-Year estimates (2024). The median home value is $223,200 (±$3,747), and the median household income is $73,347/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Lorain County, Ohio and Neighbouring Counties
Housing Metrics for Lorain County, Ohio
| Metric | Value |
|---|---|
| Median Gross Rent | $966 |
| Median Home Value | $223,200 |
| Median Household Income | $73,347 |
| Total Housing Units | 127,544 |
| Renter-Occupied Units | 33,139 |
| Renter-Occupied Share | 26% |
| Households Paying 50%+ Income | 7,971 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $599 | +0.0% |
| 1 BR | $734 | +0.0% |
| 2 BR | $966 | +0.0% |
| 3 BR | $1,129 | +0.0% |
| 4 BR | $1,175 | +0.0% |
| 5+ BR | $1,391 | +0.0% |
How does Lorain County, Ohio compare?
Median gross rent ranked against all counties in Ohio.
Higher rent than 77% of counties in Ohio · 21th of 88
| # | County | Value |
|---|---|---|
| 1 | Delaware County | $1,492 |
| 2 | Warren County | $1,361 |
| 3 | Franklin County | $1,302 |
| … 17 more … | ||
| 21 | Lorain County(you are here) | $966 |
| … 64 more … | ||
| 86 | Meigs County | $722 |
| 87 | Noble County | $707 |
| 88 | Monroe County | $672 |
More data for Lorain County, Ohio
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Frequently asked questions
What is the average rent in Lorain County, Ohio?
The median gross rent in Lorain County, Ohio is $966/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 Lorain County, Ohio?
The median rent for a 2-bedroom in Lorain County, Ohio is $966/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$20. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Lorain County, Ohio?
The median home value in Lorain County, Ohio is $223,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Lorain County are rent-burdened?
In Lorain County, Ohio, 7,971 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 Lorain County, Ohio?
The median household income in Lorain County, Ohio is $73,347/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 $966 has a margin of error of ±$21. In very small areas, MOEs can be large relative to the estimate.
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