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
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-Occupied | 84.1% |
| Renter-Occupied | 15.9% |
| Homeownership Rate | 84.1% |
| Total Housing Units | 299 |
| Median Year Built | 1955 |
| Rent Burden | 17.8% |
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