Sign In Register

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
45%
56%
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 Market37
Sale-to-List Ratio1.0%
Price Drops24.5%
Homes Sold26
Active Inventory102
Price Per Sq Ft$176

Ownership & Stock

Owner-Occupied44.5%
Renter-Occupied55.5%
Homeownership Rate44.5%
Total Housing Units28,736
Median Year Built1938
Rent Burden25.0%