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Lorain, OH
Full City Profile · Ohio · Lorain County County
2.7
/5.0
C+
Fair
65,207
Population
2,762/sq mi density
$45,799
Median Income
$26,583 per capita
$123,500
Home Value
$147,383 Zillow
$839
Median Rent
31.4% income on rent
50°F
Avg Temperature
275 sunny days/yr
451
Violent Crime/100K
2,245 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$45,799 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$123,500 home value, $839/mo rent
F
Safety
1.0 / 5.0
451 violent crimes/100K (19% above avg)
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher
Housing Overview
Median Home Value
$123,500
56% below
US avg: $281,900
Median Rent
$839/mo
28% below
US avg: $1,163/mo
Homeownership Rate
55.8%
15% below US avg (65.4%)
Total Housing Units
30,289
Median year built: 1960
Home Value by Source
Census Median
$123,500
Zillow (ZHVI)
$147,383
Median Sale Price
$165,000
Median List Price
$166,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.8%
Owner-Occupied
44.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$933/mo
1 Bedroom
$1,058/mo
2 Bedroom
$1,279/mo
3 Bedroom
$1,646/mo
4 Bedroom
$1,760/mo
Census median rent:
$839/mo
· Zillow rent:
$1,083/mo
Market Indicators (Redfin)
Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
35
Price Drops
23.7%
of listings with price reduction
Price Per Sq Ft
$122
Active Inventory
131
homes for sale
Affordability & Housing Stock
Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
55.8%
Complete Housing Data
Home Values
| Census Median Value | $123,500 |
| Zillow Home Value (ZHVI) | $147,383 |
| Median Sale Price | $165,000 |
| Median List Price | $166,500 |
| Price Per Sq Ft | $122 |
Rent
| Census Median Rent | $839 |
| Zillow Rent (ZORI) | $1,083 |
| FMR Studio | $933 |
| FMR 1-Bedroom | $1,058 |
| FMR 2-Bedroom | $1,279 |
| FMR 3-Bedroom | $1,646 |
| FMR 4-Bedroom | $1,760 |
Market
| Days on Market | 71 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.7% |
| Homes Sold | 35 |
| Active Inventory | 131 |
| Price Per Sq Ft | $122 |
Ownership & Stock
| Owner-Occupied | 55.8% |
| Renter-Occupied | 44.2% |
| Homeownership Rate | 55.8% |
| Total Housing Units | 30,289 |
| Median Year Built | 1960 |
| Rent Burden | 31.4% |