Painesville, OH
Full City Profile · Ohio · Lake County County
3.0
/5.0
B
Good
20,453
Population
2,995/sq mi density
$50,455
Median Income
$26,924 per capita
$151,400
Home Value
$219,288 Zillow
$957
Median Rent
31.3% income on rent
53°F
Avg Temperature
275 sunny days/yr
250
Violent Crime/100K
1,848 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$50,455 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$151,400 home value, $957/mo rent
F
Safety
1.0 / 5.0
250 violent crimes/100K
C+
Education
2.7 / 5.0
21.3% bachelor's degree or higher
Housing Overview
Median Home Value
$151,400
46% below
US avg: $281,900
Median Rent
$957/mo
18% below
US avg: $1,163/mo
Homeownership Rate
48.6%
26% below US avg (65.4%)
Total Housing Units
8,324
Median year built: 1969
Home Value by Source
Census Median
$151,400
Zillow (ZHVI)
$219,288
Median Sale Price
$181,500
Median List Price
$218,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
48.6%
Owner-Occupied
51.4%
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:
$957/mo
· Zillow rent:
$1,250/mo
Market Indicators (Redfin)
Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$113
Active Inventory
22
homes for sale
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
48.6%
Complete Housing Data
Home Values
| Census Median Value | $151,400 |
| Zillow Home Value (ZHVI) | $219,288 |
| Median Sale Price | $181,500 |
| Median List Price | $218,950 |
| Price Per Sq Ft | $113 |
Rent
| Census Median Rent | $957 |
| Zillow Rent (ZORI) | $1,250 |
| 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 | 35 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.3% |
| Homes Sold | 8 |
| Active Inventory | 22 |
| Price Per Sq Ft | $113 |
Ownership & Stock
| Owner-Occupied | 48.6% |
| Renter-Occupied | 51.4% |
| Homeownership Rate | 48.6% |
| Total Housing Units | 8,324 |
| Median Year Built | 1969 |
| Rent Burden | 31.3% |
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