Lake County renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Lake County is about $1,114 per month. This puts it in the 90th percentile compared to the state average cost of rent, which is $1,036. Households in Lake County have a median income of $5,946 per month so the average renter in Lake County is spending roughly 19% of their earnings on housing.
Nationally, and in Lake County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake County is $233,122 right now, which is higher than counties nearby, meaning that rents in Lake County also tend to be higher versus these nearby counties.
Higher rent prices are common in the western parts of Lake County while lower rent rates are often available in southeastern areas.
Nearby Counties
- Geauga County, OH: less expensive rent prices
- Cuyahoga County, OH: less expensive rent prices
- Ashtabula County, OH: less expensive rent prices
- Portage County, OH: less expensive rent prices
- Trumbull County, OH: less expensive rent prices
- Summit County, OH: less expensive rent prices
- Lorain County, OH: less expensive rent prices
- Medina County, OH: less expensive rent prices
- Mahoning County, OH: less expensive rent prices
- Mercer County, PA: less expensive rent prices
Counties with Similar Populations
- Mahoning County, OH: less expensive rent prices
- Chesapeake City, VA: more expensive rent prices
- Arlington County, VA: more expensive rent prices
- Cherokee County, GA: more expensive rent prices
- Lafayette Parish, LA: more expensive rent prices
- Clay County, MO: more expensive rent prices
- Cumberland County, PA: more expensive rent prices
- Saratoga County, NY: more expensive rent prices
- Montgomery County, AL: more expensive rent prices
- Jefferson County, MO: less expensive rent prices
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