Rental market snapshot for Lorain, Ohio
Lorain, Ohio Rental Property Market Overview
Lorain, Ohio is a city located in the northeastern part of the state. According to the US Census, the population of Lorain in 2021 was 65,430. The city is home to a variety of businesses, including manufacturing, healthcare, and retail. It is also home to a number of parks and recreational areas, making it a great place to live and work. Lorain is known for its vibrant arts and culture scene, with a variety of festivals and events taking place throughout the year.
The average rent for an apartment in Lorain is $761. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 7.9% over the past year.
Last Updated April 22, 2023
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Average monthly rent graph in Lorain Ohio | Cost of Living
- The most expensive ZIP code in Lorain is 44053 with an average price of $708
- The cheapest ZIP code in Lorain is 44052 with an average price of $519
Lorain ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 44053 | $708 |
| 2 | 44052 | $519 |
Live near Lorain, Ohio's Top Sights and Attractions
Lakeview Park is a scenic park located on the banks of Lake Erie in Lorain, Ohio. It offers a variety of activities for visitors, including a beach, a playground, a fishing pier, a boat launch, and a picnic area. There are also several walking trails, a disc golf course, and a skate park. The park is also home to a variety of wildlife, including birds, deer, and other animals. Visitors can also enjoy the stunning views of the lake and the surrounding area.
Oakwood Park is a scenic park located on the banks of the Black River. It features a variety of outdoor activities, including walking trails, fishing, boating, and picnicking. The park also has a playground, a disc golf course, and a large pavilion. The park is a great spot for a family outing or a romantic date. The views of the river and the surrounding area are breathtaking, and the park is a great place to relax and enjoy nature.
Sunset Terrace at Lakeview is a scenic overlook located on the shores of Lake Erie. Visitors can enjoy breathtaking views of the lake and the surrounding landscape, including the Lorain Harbor Lighthouse. The terrace is a great spot for picnics, fishing, and bird watching, and it is also a popular spot for weddings and other special events. The terrace is open year-round and is accessible by car or boat.
Waverly Place Park is a beautiful outdoor destination located in Lorain, Ohio. It features a large pond, walking trails, and plenty of open green space for visitors to enjoy. The park also has a playground, picnic areas, and a gazebo, making it a great spot for families to spend time together. The park is also home to a variety of wildlife, including ducks, geese, and other birds. With its peaceful atmosphere and stunning views, Waverly Place Park is a great place to relax and take in the beauty of nature.
Campana Park is a beautiful outdoor space located on the banks of the Black River in Lorain, Ohio. It features a variety of recreational activities, such as a playground, walking trails, picnic areas, and a fishing pier. The park also has a large pavilion, which can be used for events and gatherings. There is also a boat launch, allowing visitors to explore the river. The park is a great place to relax and enjoy nature, with plenty of wildlife to observe.
Central Park is a large public park located in Lorain, Ohio. It features a variety of outdoor activities and attractions, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a popular destination for families and visitors alike, offering a peaceful and scenic escape from the hustle and bustle of the city.
Fulton Park is a beautiful outdoor area located in Lorain, Ohio. It features a large lake, walking trails, and plenty of open green space. There are also picnic tables, grills, and a playground for children. The park is a great spot for fishing, bird watching, or just relaxing and enjoying the scenery. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movie screenings.
Pawlak Park is a large public park located on the shores of Lake Erie. It features a variety of recreational activities, including a playground, picnic areas, walking trails, and a fishing pier. The park also has a large open grassy area, perfect for playing sports or just relaxing in the sun. The park is home to a variety of wildlife, including birds, squirrels, and other small animals. The park is a great place to spend a day outdoors, enjoying the fresh air and the beautiful views of the lake.
Unknown Park is a large outdoor recreational area located in Lorain, Ohio. It features a variety of activities for visitors of all ages, including a large playground, walking trails, a fishing pond, and picnic areas. The park also has a large open field for sports and other activities, as well as a pavilion for special events. The park is well-maintained and offers a peaceful and relaxing atmosphere for visitors to enjoy.
Porath Park is a picturesque park located on the banks of the Black River. It features a variety of outdoor activities, including a playground, basketball court, picnic areas, and a walking path. The park also has a boat launch, allowing visitors to explore the river. The park is also home to a variety of wildlife, including birds, fish, and other animals. Visitors can enjoy the peaceful atmosphere and stunning views of the river and surrounding area.
Lorain, Ohio area median rent change by ZIP code map
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How does Lorain compare to other cities in Ohio ?
| city | median price |
|---|---|
| Marion | $1,299 |
| Cleveland | $1,335 |
| Lebanon | $1,895 |
| Madison | $1,150 |
| Springfield | $825 |
| Galloway | $1,865 |
| Parma Heights | $1,100 |
| Warren | $730 |
| Avon Lake | $1,260 |
Average household income in Lorain area graph - US Census
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The median household income in Lorain in 2021 was $42,201. This represents a 21.4% change from 2011 when the median was $34,769.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 13.6% |
| 1 | $10,000 to $14,999 | 8.1% |
| 2 | $15,000 to $19,999 | 6.2% |
| 3 | $20,000 to $24,999 | 5.1% |
| 4 | $25,000 to $29,999 | 6.3% |
| 5 | $30,000 to $34,999 | 5.6% |
| 6 | $35,000 to $39,999 | 4.5% |
| 7 | $40,000 to $44,999 | 5.2% |
| 8 | $45,000 to $49,999 | 4.6% |
| 9 | $50,000 to $59,999 | 9.6% |
| 10 | $60,000 to $74,999 | 8.9% |
| 11 | $75,000 to $99,999 | 9.9% |
| 12 | $100,000 to $124,999 | 5.9% |
| 13 | $125,000 to $149,999 | 2.9% |
| 14 | $150,000 to $199,999 | 2.4% |
| 15 | $200,000 or more | 1.0% |
