TenantureLeasing Agent

Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Lorain County, Ohio?

$966/month 5.5%vs 2023 ($916)

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

Medina: $1,143Huron: $848Ashland: $888Lorain County: $966Cuyahoga: $1,060$1,143$848$888$966$1,060

Housing Metrics for Lorain County, Ohio

MetricValue
Median Gross Rent$966
Median Home Value$223,200
Median Household Income$73,347
Total Housing Units127,544
Renter-Occupied Units33,139
Renter-Occupied Share26%
Households Paying 50%+ Income7,971 households

Median Rent by Bedroom Count

BedroomMedian RentYoY
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

Cheapest: Meigs County($722)
Priciest: Delaware County($1,492)
#CountyValue
1Delaware County$1,492
2Warren County$1,361
3Franklin County$1,302
… 17 more …
21Lorain County(you are here)$966
… 64 more …
86Meigs County$722
87Noble County$707
88Monroe County$672

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.

Managing rental properties?

Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.

Get started free
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.