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Peninsula, OH

Full City Profile · Ohio · Summit County County

4.2 /5.0
A Great
601 Population 136/sq mi density
$125,417 Median Income $66,922 per capita
$421,300 Home Value $362,808 Zillow
$1,297 Median Rent 17.8% income on rent
52°F Avg Temperature 275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.7 / 5.0
$125,417 median income, 3.8% unemployment
A+
Affordability
4.8 / 5.0
$421,300 home value, $1,297/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
56.5% bachelor's degree or higher

Housing Overview

Median Home Value
$421,300
49% above
US avg: $281,900
Median Rent
$1,297/mo
12% above
US avg: $1,163/mo
Homeownership Rate
84.1%
29% above US avg (65.4%)
Total Housing Units
299
Median year built: 1955

Home Value by Source

Census Median
$421,300
Zillow (ZHVI)
$362,808
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.1%
Owner-Occupied
15.9%
Renter-Occupied
84%
16%
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: $1,297/mo

Affordability & Housing Stock

Rent Burden
17.8%
of renters spending 30%+ of income on housing
43% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
84.1%

Complete Housing Data

Home Values

Census Median Value$421,300
Zillow Home Value (ZHVI)$362,808

Rent

Census Median Rent$1,297
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-Occupied84.1%
Renter-Occupied15.9%
Homeownership Rate84.1%
Total Housing Units299
Median Year Built1955
Rent Burden17.8%