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Lorain, OH Home Values and Rents

The typical home value in Lorain is $154,510, 512th highest of 682 cities and towns in Ohio. Median rent is $1,104 a month.

Typical home value
$154,510
512th of 682 in OH
Median rent
$1,104/mo
Zillow observed rent
Price change, 1 year
+3.8%
Sep 2026
Homeownership
57.1%
OH: 67.2%

Home sale prices in the Cleveland, OH area

Zillow median sale price, Sep 2026

$231,667+7.8% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Lorain

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodLorain
Sep 2026$154,510
Dec 2025$150,258
Dec 2024$147,174
Dec 2023$136,960
Dec 2022$129,274
Dec 2021$116,009
Dec 2020$102,297
Dec 2019$90,045
Dec 2018$83,164
Dec 2017$75,478
Dec 2016$70,543
Dec 2015$69,304
Dec 2014$63,278
Dec 2013$63,024
Dec 2012$64,684

Over five years, Lorain prices changed +35.0%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
144053$206,300$898+8.1%+60.6%
244052$116,000$883+2.7%+69.1%
344055$101,400$873+4.8%+73.1%

Fair Market Rents, FY2027

HUD rent standard for Cleveland, OH HUD Metro FMR Area

OH rents
Unit sizeMonthly rentvs FY2026
Studio$924-1.0%
1 bedroom$1,050-0.8%
2 bedrooms$1,274-0.4%
3 bedrooms$1,628-1.1%
4 bedrooms$1,756-0.2%

Frequently asked questions

What is the typical home value in Lorain, OH?
The typical home value in Lorain is $154,510 (Zillow Home Value Index, Sep 2026). The Ohio median is $214,800.
How much is rent in Lorain?
The median rent in Lorain is $1,104 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,274.
Are home prices going up in Lorain?
The typical home value in Lorain changed +3.8% over one year and +35.0% over five years, as of Sep 2026.
How does Lorain compare with the rest of Ohio?
Lorain has the 512th highest median home value of 682 cities and towns with 1,000+ residents in Ohio.
Which ZIP code in Lorain has the highest home values?
ZIP code 44053 has the highest median home value at $206,300, and 44055 has the lowest at $101,400.