Lorain, Ohio, is situated on the southern shore of Lake Erie and is part of the Cleveland-Elyria metropolitan area. The city of Lorain is a great place to rent a home due to its low cost of living and its proximity to Cleveland, which provides a wide range of employment and entertainment opportunities.
Lorain has a thriving rental market due to its low vacancy rates and a wide variety of apartments, townhomes, duplexes, and single-family homes. The average rent for an apartment in Lorain is $657 and the average rent for a single-family home is $1,062. For those looking for a more affordable option, there are plenty of older homes and duplexes available at lower prices.
The city of Lorain is home to many great schools, including Lorain High School and Admiral King High School. The district also offers a variety of elementary, middle, and high schools, as well as a number of private schools for those seeking a more specialized education.
When it comes to neighborhoods, Lorain has something for everyone. The city is divided into various neighborhoods, such as The Heights, South Lorain, and Westside. Each neighborhood offers different amenities and has
The average rental price of an apartment in Lorain, OH is $766, a townhouse is $836, a condo is $758, a loft is $937, and a single family home is $950.
Rental prices in Lorain, OH have seen a steady increase over the past five years. According to Zillow, the median rent in Lorain was $725 in 2016, $750 in 2017, $780 in 2018, $810 in 2019, and $840 in 2020. This represents an overall increase in median rent of 15.9% over the past five years.
According to Rent Cafe, the median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Lorain, OH are $636, $845, and $1,056, respectively.
Lorain City School District, which serves the city of Lorain, Ohio, is ranked in the lower half of school districts in the United States. According to the US Department of Education’s National Center for Education Statistics, the district ranks 482 out of 871 school districts in the nation. On average, students in Lorain City School District perform slightly below the national average in both reading and math. The district also has a lower graduation rate and higher dropout rate than the national average.
1. New Russia
2. South Lorain
3. Downtown Lorain
4. Black River
5. Amherst Meadows
1. Westview Estates
2. The Reserve at French Creek
3. Hamilton Park
4. Meadow Oaks
5. Summerwood Estates