Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lorain County area can be challenging. Home prices in Lorain County are now at a median cost of $178,124, lower than the Ohio average of $181,280.
The average cost of rent is $998/mo in Lorain County, primarily driven by the current value of real estate in the Lorain County area. While nearly 37.23% of residents own their homes outright in Lorain County, 26.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lorain County is $5,990 per month. Households that rent pay about 16.67% of their income on rent here. Lorain County's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the county.
Nearby Counties
- Cuyahoga County, OH: equally priced homes
- Erie County, OH: equally priced homes
- Geauga County, OH: higher priced homes
- Sandusky County, OH: less expensive homes
- Trumbull County, OH: less expensive homes
- Wood County, OH: higher priced homes
- Mercer County, PA: less expensive homes
- Henry County, OH: less expensive homes
- Defiance County, OH: less expensive homes
- Venango County, PA: less expensive homes
Counties with Similar Populations
- Ingham County, MI: equally priced homes
- Somerset County, NJ: higher priced homes
- Saratoga County, NY: higher priced homes
- Santa Cruz County, CA: higher priced homes
- San Luis Obispo County, CA: higher priced homes
- San Juan Municipio, PR: equally priced homes
- Lancaster County, NE: higher priced homes
- Lake County, FL: higher priced homes
- Kalamazoo County, MI: equally priced homes
- Johnston County, NC: higher priced homes
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