Lorain, OH Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lorain is $924, a 2.87% increase compared to the previous year, when the average rent was $899.
One-bedroom apartments provide 595 square feet for $785, balancing privacy and affordability.
Two-beedroom units at $1,009 offer 799 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,057 sq ft) for $1,119, suitable for larger households.
Average rent in Lorain, OH
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $924 | 731 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $785 | 595 sq. ft. |
| 2 Beds | $1,009 | 799 sq. ft. |
| 3 Beds | $1,119 | 1,057 sq. ft. |
Lorain, OH rent trends
Rental prices in Lorain, OH have increased by 2.87% over the past year. The average rent moved from $899 to $924.
What's the typical rent budget in Lorain, OH?
The largest share of rentals in Lorain, OH (69%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lorain, OH?
12,023 or 44% of the households in Lorain, OH are renter-occupied while 15,157 or 56% are owner-occupied.
How Lorain Compares to Other Cities
| City | Average Rent |
|---|---|
| Lorain | $924 |
| Westerville | $1,535 |
| Cleveland | $1,543 |
| Cincinnati | $1,452 |
| Columbus | $1,340 |
| Dayton | $1,086 |
| Warren | $915 |
| Akron | $1,102 |
| Northwest Ohio | $1,082 |
| Toledo | $968 |
| Parma, OH | $1,092 |
| Brook Park, OH | $1,041 |
| Medina, OH | $1,442 |
| East Cleveland, OH | $924 |
| Berea, OH | $1,220 |
| Rocky River, OH | $1,500 |
| Lakewood, OH | $1,223 |
| Westlake, OH | $1,708 |
| Elyria, OH | $1,012 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lorain apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.