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Lake Milton, OH

Full City Profile · Ohio · Mahoning County County

3.6 /5.0
B+ Good
533 Population 358/sq mi density
$94,000 Median Income $43,189 per capita
$391,200 Home Value $160,504 Zillow
$817 Median Rent 22.1% income on rent
49°F Avg Temperature 275 sunny days/yr
191 Violent Crime/100K 2,319 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$94,000 median income, 1.6% unemployment
A
Affordability
4.3 / 5.0
$391,200 home value, $817/mo rent
F
Safety
1.0 / 5.0
191 violent crimes/100K
A
Education
4.1 / 5.0
38.5% bachelor's degree or higher

Housing Overview

Median Home Value
$391,200
39% above
US avg: $281,900
Median Rent
$817/mo
30% below
US avg: $1,163/mo
Homeownership Rate
87.1%
33% above US avg (65.4%)
Total Housing Units
394
Median year built: 1973

Home Value by Source

Census Median
$391,200
Zillow (ZHVI)
$160,504
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.1%
Owner-Occupied
12.9%
Renter-Occupied
87%
13%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $817/mo

Affordability & Housing Stock

Rent Burden
22.1%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
87.1%

Complete Housing Data

Home Values

Census Median Value$391,200
Zillow Home Value (ZHVI)$160,504

Rent

Census Median Rent$817
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Ownership & Stock

Owner-Occupied87.1%
Renter-Occupied12.9%
Homeownership Rate87.1%
Total Housing Units394
Median Year Built1973
Rent Burden22.1%