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Portage Lakes, OH
Full City Profile · Ohio · Summit County County
3.4
/5.0
B
Good
6,199
Population
1,565/sq mi density
$66,027
Median Income
$46,043 per capita
$165,500
Home Value
$147,413 Zillow
$1,125
Median Rent
24.1% income on rent
49°F
Avg Temperature
275 sunny days/yr
259
Violent Crime/100K
3,820 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$66,027 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$165,500 home value, $1,125/mo rent
F
Safety
1.0 / 5.0
259 violent crimes/100K
B+
Education
3.6 / 5.0
33.1% bachelor's degree or higher
Housing Overview
Median Home Value
$165,500
41% below
US avg: $281,900
Median Rent
$1,125/mo
3% below
US avg: $1,163/mo
Homeownership Rate
65.8%
1% above US avg (65.4%)
Total Housing Units
3,342
Median year built: 1961
Home Value by Source
Census Median
$165,500
Zillow (ZHVI)
$147,413
Median Sale Price
$210,000
Median List Price
$225,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.8%
Owner-Occupied
34.2%
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:
$1,125/mo
Market Indicators (Redfin)
Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$143
Active Inventory
16
homes for sale
Affordability & Housing Stock
Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
65.8%
Complete Housing Data
Home Values
| Census Median Value | $165,500 |
| Zillow Home Value (ZHVI) | $147,413 |
| Median Sale Price | $210,000 |
| Median List Price | $225,000 |
| Price Per Sq Ft | $143 |
Rent
| Census Median Rent | $1,125 |
| 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 | 34 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 11 |
| Active Inventory | 16 |
| Price Per Sq Ft | $143 |
Ownership & Stock
| Owner-Occupied | 65.8% |
| Renter-Occupied | 34.2% |
| Homeownership Rate | 65.8% |
| Total Housing Units | 3,342 |
| Median Year Built | 1961 |
| Rent Burden | 24.1% |