Elyria city, Ohio Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Elyria city, Ohio rental market.
Elyria city, Ohio
Average Apartment Rent
Y-o-Y Change in Apartment Rent
Compared to a year ago, Elyria city, Ohio apartments have recorded a 0% rent increase.
Elyria city, Ohio |Median apartment rent trend
Elyria city, Ohio| Average apartment rent by city
Elyria city, Ohio | Apartment rent ranges
At 50.87%, apartments priced $500 - $700 represent the bulk of Elyria city, Ohio rentals, while condos priced under $500 hold the lowest share of the market – 0.82%.
Elyria city, Ohio | Housing tenure
Renters take up 41% of Elyria city, Ohio real estate, occupying a total of 9,376 units, while homeowners live in 13,306 properties.
Median number of rooms of renter-occupied housing units
Renter Median household income
Average household size of renter occupied-housing units
Rental vacancy rate
Elyria city, Ohio | Renter-occupied housing units by no. of bedrooms
There are 4,266 rentals in Elyria city, Ohio with 2 beds making up the highest share of the market, at 45%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 95 units. Overall, the median number of rooms in Elyria city, Ohio homes for rent is 4.4.
Elyria city, Ohio |Renter-occupied units by age of householder
Most condos for rent in Elyria city, Ohio are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Elyria city, Ohio | Renter-occupied housing units by family type
Elyria city, Ohio | Renter-occupied housing units by the presence of own children
A total of 4,844 apartments for rent in Elyria city, Ohio, or 52% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 3,254 units. All in all, the median size of a renter-occupied household in Elyria city, Ohio is 2.27.
Elyria city, Ohio | Renter-occupied housing units by educational attainment
In terms of education, renters holding bachelor degrees or higher make up 9% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Elyria city, Ohio.
Elyria city, Ohio | Renter-occupied units by year structure built
The highest share of Elyria city, Ohio apartment rentals, namely 25% or 2,333 units, were built 1970 - 1979, followed by those built 1939 or earlier (21%, 1,940 units), and the ones built 1960 - 1969 (16%, 1,541 units).
Elyria city, Ohio | Renter-occupied units by year householder moved in
Median year renter moved into unit2013
Most Elyria city, Ohio renters (49%) moved in 2010 to 2014, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Elyria city, Ohio condos for rent is 2013.
Elyria city, Ohio | Renter-occupied housing units by vehicles available
When it comes to transportation options, 53% of Elyria city, Ohio renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 20% have no vehicle available.
Elyria city, Ohio | Means of transportation to work of householders living in renter-occupied housing units
Elyria city, Ohio |Geographical mobility in the past year for householders living in renter-occupies housing units
Elyria city, Ohio | Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Elyria city, Ohio apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
Average single family rent calculated from point2homes.com data.
Exceptions: Data sourced from U.S. Census Bureau; American Community Survey, 2018 American Community Survey 5-Year Estimates