Lakewood, OH
Full City Profile · Ohio · Cuyahoga County County
3.7
/5.0
B+
Good
50,229
Population
9,067/sq mi density
$65,925
Median Income
$49,172 per capita
$241,500
Home Value
$281,422 Zillow
$1,013
Median Rent
25.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
122
Violent Crime/100K
1,291 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$65,925 median income, 3.9% unemployment
A+
Affordability
4.6 / 5.0
$241,500 home value, $1,013/mo rent
F
Safety
1.0 / 5.0
122 violent crimes/100K
A+
Education
5.0 / 5.0
53.9% bachelor's degree or higher
Housing Overview
Median Home Value
$241,500
14% below
US avg: $281,900
Median Rent
$1,013/mo
13% below
US avg: $1,163/mo
Homeownership Rate
44.5%
32% below US avg (65.4%)
Total Housing Units
28,736
Median year built: 1938
Home Value by Source
Census Median
$241,500
Zillow (ZHVI)
$281,422
Median Sale Price
$352,500
Median List Price
$330,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.5%
Owner-Occupied
55.5%
Renter-Occupied
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:
$1,013/mo
· Zillow rent:
$1,381/mo
Market Indicators (Redfin)
Median Days on Market
37 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
26
Price Drops
24.5%
of listings with price reduction
Price Per Sq Ft
$176
Active Inventory
102
homes for sale
Affordability & Housing Stock
Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
44.5%
Complete Housing Data
Home Values
| Census Median Value | $241,500 |
| Zillow Home Value (ZHVI) | $281,422 |
| Median Sale Price | $352,500 |
| Median List Price | $330,000 |
| Price Per Sq Ft | $176 |
Rent
| Census Median Rent | $1,013 |
| Zillow Rent (ZORI) | $1,381 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 37 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 24.5% |
| Homes Sold | 26 |
| Active Inventory | 102 |
| Price Per Sq Ft | $176 |
Ownership & Stock
| Owner-Occupied | 44.5% |
| Renter-Occupied | 55.5% |
| Homeownership Rate | 44.5% |
| Total Housing Units | 28,736 |
| Median Year Built | 1938 |
| Rent Burden | 25.0% |
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