Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Painesville on the Lake area can be challenging. Home prices in Painesville on the Lake are now at a median cost of $130,200, lower than the Ohio average of $181,280.
The average cost of rent is $825/mo in Painesville on the Lake, primarily driven by the current value of real estate in the Painesville on the Lake area. While nearly 42.07% of residents own their homes outright in Painesville on the Lake, 23.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Painesville on the Lake is $3,644 per month. Households that rent pay about 22.64% of their income on rent here. Painesville on the Lake's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Perry, OH: higher priced homes
- Fairport Harbor, OH: less expensive homes
- Painesville, OH: higher priced homes
- North Perry, OH: higher priced homes
- Grand River, OH: higher priced homes
- Madison, OH: higher priced homes
- South Madison, OH: higher priced homes
- North Madison, OH: less expensive homes
- Mentor, OH: higher priced homes
- Mentor-on-the-Lake, OH: equally priced homes
Cities with Similar Populations
- Oldtown, IL: equally priced homes
- Riverton, AL: less expensive homes
- Riverside, WI: higher priced homes
- Paradise, KS: less expensive homes
- Paradise, AZ: less expensive homes
- Overton, NV: higher priced homes
- Ophir, UT: higher priced homes
- Ong, NE: less expensive homes
- Olney, KY: less expensive homes
- Riverview, TN: less expensive homes
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