Portage Lakes, 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 Portage Lakes, Ohio rental market.
Portage Lakes, Ohio
Average Apartment Rent
$1,118
Y-o-Y Change in Average
Apartment Rent
3.3%
As of March 2026
Compared to a year ago, Portage Lakes, Ohio apartments have recorded a 3.3% rent increase.
Portage Lakes, Ohio Average apartment rent trend
Portage Lakes, Ohio Average Apartment Rent
Portage Lakes, Ohio Apartment rent ranges
At 47.09%, apartments priced Under $1,000 represent the bulk of Portage Lakes, Ohio rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.09%.
Portage Lakes, Ohio Housing tenure**
Renters take up 36% of Portage Lakes, Ohio real estate, occupying a total of 1,132 units, while homeowners live in 2,021 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$63,861
Average household size of renter-occupied housing units**
1.8
Portage Lakes, Ohio Renter-occupied housing units by no. of bedrooms**
There are 645 rentals in Portage Lakes, Ohio with 2 beds making up the highest share of the market, at 57%. Units with 4 beds, on the other hand, hold the lowest percentage (12%), amounting to 131 units. Overall, the median number of rooms in Portage Lakes, Ohio homes for rent is 4.5.
Portage Lakes, Ohio Renter-occupied units by age of householder**
Most condos for rent in Portage Lakes, Ohio are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 45 - 54 years age group (24%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 5%.
Portage Lakes, Ohio Renter-occupied housing units by family type**
Portage Lakes, Ohio Renter-occupied housing units by the presence of own children**
A total of 449 apartments for rent in Portage Lakes, Ohio, or 40% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 195 units. All in all, the median size of a renter-occupied household in Portage Lakes, Ohio is 1.8.
Portage Lakes, Ohio Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 44% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Portage Lakes, Ohio.
Portage Lakes, Ohio Renter-occupied units by year structure built**
The highest share of Portage Lakes, Ohio apartment rentals, namely 37% or 420 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (20%, 231 units), and the ones Built 1990 - 1999 (14%, 155 units).
Portage Lakes, Ohio Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Portage Lakes, Ohio renters (50%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Portage Lakes, Ohio condos for rent is 2016.
Portage Lakes, Ohio Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Portage Lakes, Ohio renters have 2 vehicles available per household, 38% of them have 1 vehicle available, and 14% have No vehicle available.
Portage Lakes, Ohio Means of transportation to work of householders living in renter-occupied housing units**
Portage Lakes, Ohio Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Portage Lakes, 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.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
