Housing & Real Estate — Lima, Ohio

Overview

Total Housing Units15,802
Occupied13,985
Vacant1,817
Owner-Occupied6,485
Renter-Occupied7,500
Median Home Value (Census)$107,200
Estimated 2026~$116,000
Median Rent$865/mo
Median Property Tax$1,165/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income22.4%
Severely Rent-Burdened35.6%

Housing Age

Built 2010 or later784
Built 2000-2009380
Built 1990-1999656
Built before 19609,414
Median Year Built1953
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.