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What to Know About
Life in Lake County & Beyond
Lake County shares many of the great qualities that make Ohio a desirable place to live.
Ohio has rolling hills, scenic countryside, and friendly people. Immerse yourself in Ohio's cultural heritage by visiting iconic sites like the Rock and Roll Hall of Fame, the Cincinnati Museum Center, and the National Museum of the United States Air Force. Ohio is also home to renowned universities like Ohio State University and the University of Cincinnati, where you can take your knowledge further. In addition, the economy of Ohio is thriving with solid manufacturing, finance, and healthcare industries.
It's also a paradise for outdoor enthusiasts with its picturesque parks and recreational areas, such as the Hocking Hills, the Cuyahoga Valley National Park, and the Great Lakes. Ohio is also home to several sports teams, including the Cleveland Browns (NFL), Cincinnati Bengals (NFL), Cleveland Indians (MLB), Cincinnati Reds (MLB), and Cleveland Cavaliers (NBA). In addition, discover iconic attractions like the Pro Football Hall of Fame, the Rock and Roll Hall of Fame, Columbus Zoo, and Cincinnati Zoo.
Whether you are looking for a bustling city or quiet countryside, Ohio has something for everyone, making it a great place to live.
Rental Market Trends
Lake County, OH
As of July 2025, Lake County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake County's average rent is 7.5% ($96) lower than the Ohio average of $1,277 and 33.5% ($594) lower than the U.S. average of $1,775.
Average Rent
$1,181
Monthly ChangeMonth Over Month Change
1.2% ($14)
Yearly ChangeYear Over Year Change
6.6% ($73)
Avg. Days on MarketAverage Days on Market
38
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,039 | 1.8% ($19) | 12.3% ($114) |
| 2 Beds | $1,184 | 0.4% ($5) | 6.2% ($69) |
| 3 Beds | $1,542 | 5.5% ($80) | 13.9% ($188) |
| Cities within Lake County | Average Rent | Avg. Rent vs. LakeAverage Rent vs. Lake County | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Mentor | $1,217 | 3% ($36) | 43 days |
| Painesville | $1,129 | 4.4% ($52) | 39 days |
| Wickliffe | $1,115 | 5.6% ($66) | 42 days |
| Eastlake | $1,150 | 2.6% ($31) | 39 days |
| Madison | $1,975 | 67.2% ($794) | 38 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lake County Rental Market FAQs
Explore rental prices, market trends, and availability in Lake County, OH.
The average rent in Lake County, OH is $1,181 per month.
Homes in Lake County typically rent for between $727 and $2,005 per month, with an average of $1,181 per month.
In Lake County, the average rent for a 1-bedroom home is $1,039 per month, for a 2-bedroom home, $1,184 per month, and a 3-bedroom home is $1,542 per month.
The average rent in Lake County is 33.5% ($594) lower than the national average of $1,775 per month.
The average rent in Lake County has decreased by 1.2% ($14) in the last month and increased by 6.6% ($73) over the past year.
The rental market in Lake County, OH, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lake County, OH, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 34 rental properties available in Lake County, OH.
Based on the current averages, a household would need an annual income of $47,360 to comfortably afford a 2-bedroom home in Lake County.
