Housing & Real Estate — Lakewood, Ohio

Overview

Total Housing Units28,973
Occupied26,569
Vacant2,404
Owner-Occupied11,832
Renter-Occupied14,737
Median Home Value (Census)$262,200
Estimated 2026~$318,000
Median Rent$1,013/mo
Median Property Tax$5,266/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income17.6%
Severely Rent-Burdened26.3%

Housing Age

Built 2010 or later252
Built 2000-2009211
Built 1990-1999462
Built before 196021,369
Median Year Built1938
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.