Lorain 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 Lorain County is about $1,111 per month. This puts it in the 89th percentile compared to the state average cost of rent, which is $1,036. Households in Lorain County have a median income of $5,544 per month so the average renter in Lorain County is spending roughly 20% of their earnings on housing.
Nationally, and in Lorain County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lorain County is $210,563 right now, which is higher than counties nearby, meaning that rents in Lorain County also tend to be higher versus these nearby counties.
Higher rent prices are common in the northeastern parts of Lorain County while lower rent rates are often available in northwestern areas.
Nearby Counties
- Medina County, OH: less expensive rent prices
- Cuyahoga County, OH: less expensive rent prices
- Erie County, OH: less expensive rent prices
- Huron County, OH: less expensive rent prices
- Summit County, OH: less expensive rent prices
- Ashland County, OH: less expensive rent prices
- Wayne County, OH: less expensive rent prices
- Richland County, OH: less expensive rent prices
- Portage County, OH: less expensive rent prices
- Lake County, OH: more expensive rent prices
Counties with Similar Populations
- Horry County, SC: less expensive rent prices
- Rockingham County, NH: more expensive rent prices
- Anchorage Municipality, AK: more expensive rent prices
- Albany County, NY: more expensive rent prices
- Fayette County, KY: more expensive rent prices
- Escambia County, FL: more expensive rent prices
- St. Lucie County, FL: more expensive rent prices
- Northampton County, PA: more expensive rent prices
- Lancaster County, NE: less expensive rent prices
- Hamilton County, IN: more expensive rent prices
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