Lorain Housing Information - Census

IndexLorainOhioNational
Median home price$85,700$131,900$184,700
Median rent asked$659$743$949
Avg. people per household2.52.42.6
Owner occupied households57.9%66.0%63.6%
Renter occupied households42.1%34.0%36.4%

Lorain Housing Information - Zillow

IndexLorainOhioNational
Zillow home value index$69,000$126,200$196,500
Year over year appreciation rate6.48%5.43%6.79%
5 year average appreciation rate1.71%3.47%5.28%
10 year average appreciation rate-2.58%0.06%0.01%

Did you know?

  • The median home price in Lorain is 54% lower than the national average.
  • The median rent asked in Lorain is 31% lower than the national average.
  • The average number of people per household in Lorain is 4% lower than the national average.
  • The number of owner occupied households in Lorain is 9% lower than the national average.
  • The number of renter occupied households in Lorain is 16% higher than the national average.

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Compare Lorain, OH Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Beulah Beach, OH58$0100%
Eaton Estates, OH997$88,60052%
Kipton, OH245$92,70050%
Elyria, OH53,928$94,80049%
Sheffield Lake, OH9,055$109,50041%
Lorain, OH63,714$85,70054%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Pico Rivera, CA63,724$351,30090%
Tamarac, FL63,747$127,70031%
Carmichael, CA63,631$309,30067%
Lodi, CA63,842$252,90037%
Cedar Park, TX63,551$230,90025%
Lorain, OH63,714$85,70054%
Source: The Lorain, OH housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.