In Avon Lake, a typical home is worth $368,300 and typical rent is $1,537 a month. Compared with all of Lorain County, the typical home value is 65% higher, typical rent is 59% higher, and the share of households that own their home is 9 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $327,228 to $428,898.
Typical rent
$2,170a month
Typical rent from Zillow, June 2026 to September 2026: from $2,140 to $2,170.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Avon Lake is in Lorain County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lorain County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Avon Lake is worth $368,300,65% more than in Lorain County as a whole ($223,200).
2
Nearby, in Sheffield Lake, the typical home value is $167,000: 55% less than in Avon Lake ($368,300).
3
The typical rent in Avon Lake is $1,537 a month, 59% more than in Lorain County as a whole ($966).
4
The typical household income in Avon Lake is $115,567,58% more than in Lorain County as a whole ($73,347).
5
Nearby, in Sheffield Lake, the typical rent is $1,054: 31% less than in Avon Lake ($1,537).
6
83% of households in Avon Lake own their home, against 74% in Lorain County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Avon Lake
What homes there are in Avon Lake, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Avon Lake
Lorain County
Ohio
United States
Kind of home: Avon Lake and its comparisons
Measure
Avon Lake
Lorain County
Ohio
United States
Detached house
77%
76%
69%
61%
Attached house
10%
6%
5%
6%
Building of 2 to 4
Unreliable estimate
5%
8%
8%
Apartments (5 or more)
11%
11%
15%
19%
Mobile home
Unreliable estimate
2%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
As in Lorain County, most homes in Avon Lake are detached houses (77%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Avon Lake
Lorain County
Ohio
United States
Year built: Avon Lake and its comparisons
Measure
Avon Lake
Lorain County
Ohio
United States
Before 1960
21%
33%
38%
26%
1960–1979
19%
27%
26%
24%
1980–1999
27%
18%
20%
25%
2000–2009
19%
13%
10%
14%
2010 or later
14%
9%
7%
11%
Homes in Avon Lake are newer: the typical year built is 1989; in Lorain County, 1973.
Much as in Lorain County, 73% of homes in Avon Lake have 3 bedrooms or more.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K5%
$100K–$200K13%
$200K–$300K18%
$300K–$500K36%
$500K–$750K21%
FHA limit: $541,287
$750K–$1M4%
$1M or more3%
Value of owner-occupied homes: Avon Lake and its comparisons
Measure
Avon Lake
Under $100K
5%
$100K–$200K
13%
$200K–$300K
18%
$300K–$500K
36%
$500K–$750K
21%
$750K–$1M
4%
$1M or more
3%
About 76% of owner-occupied homes in Avon Lake are worth less than the FHA loan limit for Lorain County ($541,287).
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49924%
$1,500–$1,99936%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Avon Lake and its comparisons
Measure
Avon Lake
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
24%
$1,500–$1,999
36%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,949 a month
Lorain County: $1,525 a month
Without a mortgage
$849 a month
Lorain County: $629 a month
Owners with a mortgage
71%
Lorain County: 62%
The typical cost for an owner with a mortgage in Avon Lake is $1,949 a month, more than in Lorain County ($1,525); without one, $849.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Avon Lake+44%
Lorain County+48%
Ohio+47%
United States+53%
Typical rent
Avon Lake+35%
Lorain County+25%
Ohio+28%
United States+33%
Typical household income
Avon Lake+39%
Lorain County+26%
Ohio+26%
United States+29%
Change since 2015–2019: Avon Lake and its comparisons
Measure
Avon Lake
Lorain County
Ohio
United States
Typical home value
+44%
+48%
+47%
+53%
Typical rent
+35%
+25%
+28%
+33%
Typical household income
+39%
+26%
+26%
+29%
The typical home value in Avon Lake rose 44% since 2015–2019, less than in Lorain County (48%).
Since 2015–2019, the typical rent in Avon Lake rose 35%, more than in Lorain County (25%).
To compare: typical income in Avon Lake rose 39%; the home, +44%; the rent, +35%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Avon Lake and its comparisons
Measure
Avon Lake
Lorain County
Ohio
United States
Rental vacancy
Unreliable estimate
7.5%
4.4%
5.5%
Homeowner vacancy
Unreliable estimate
0.7%
0.8%
0.9%
More than one person per room
Unreliable estimate
1.3%
1.5%
3.4%
People per household
2.35
2.42
2.37
2.53
Drive alone
72%
78%
75%
69%
Carpool
4%
8%
8%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
22%
12%
13%
15%
Other means
2%
1%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
A household in Avon Lake has 2.35 people on average, about the same as in Lorain County (2.42).
Many people here do not commute at all: 22% work from home; in Lorain County, 12%.
Do the math
What would you pay each month for a home in Avon Lake?
A typical home is tight for the typical income
We start with a typical home in Avon Lake, worth $368,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Avon Lake, which is $115,567 a year. For that payment to be 28% of income, a household would need to earn about $137,622 a year.
The calculator's FHA and conventional loan limits are those of all of Lorain County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Avon Lake. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $12,891 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,211
at 7.18% · 30 years
Loan amount
$361,629
Total interest
$520,299
Paid off in
November 2056
Includes $6,220 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,697 a month
Tight
$2,697 to $3,467 a month
Your payment · 33%
Hard
more than $3,467 a month
Compared with the typical household income in Avon Lake ($115,567 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,450
Property tax
$445
Home insurance
$154
FHA mortgage insurance (MIP)
$163
You need at least $12,891 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,211; principal and interest $2,450.
The city and its county
Avon Lake and Lorain County
Avon Lake is in Lorain County, Ohio. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Avon Lake
Map of Lorain County, Ohio, with Avon Lake marked. Around it, the neighboring counties.
Avon Lake
Lorain County
Other cities with a page
Avon Lake's own numbers
Typical home value
$368,300
Typical monthly rent
$1,537
Typical yearly household income
$115,567
Households that own their home
83%
Effective property tax rate
1.45%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lorain County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,274
Price change over 5 years (FHFA)
+56%
Homes in a high flood-risk zone
1.1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lorain County.
A typical home in Avon Lake is worth $368,300: 65% above the county and 71% above Ohio. With the typical household income in Avon Lake ($115,567 a year), a typical home costs 3.2 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Avon Lake3.2 years
Lorain3.0 years
Ohio3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lorain County
According to FHFA’s house price index, home prices in Lorain County rose 92% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lorain County.
Yearly change in FHFA’s price index in Lorain County, 2016 to 2025
2016: +2.2% +2.2% 2016
2017: +5.3% +5.3% 2017
2018: +4.9% +4.9% 2018
2019: +4.4% +4.4% 2019
2020: +4.6% +4.6% 2020
2021: +11.2% +11.2% 2021
2022: +13.0% +13.0% 2022
2023: +9.3% +9.3% 2023
2024: +7.4% +7.4% 2024
2025: +5.6% +5.6% 2025
Change in FHFA’s price index in Lorain County, Ohio and the United States
Period
County
Ohio
U.S.
Last year (2025)
+5.6%
+4.8%
+2.9%
5 years (2020–2025)
+56%
+53%
+47%
10 years (2015–2025)
+92%
+93%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Avon Lake next to Lorain County, Ohio and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Avon Lake$368,300
Lorain$223,200
Ohio$214,800
United States$332,700
Typical monthly rent
Avon Lake$1,537
Lorain$966
Ohio$1,034
United States$1,413
Typical yearly household income
Avon Lake$115,567
Lorain$73,347
Ohio$71,389
United States$80,734
See the full table
Avon Lake next to Lorain County and Ohio
Measure
Avon Lake
Lorain County
Ohio
U.S.
Typical home value
$368,300 ▲65% above the county
$223,200
$214,800
$332,700
Typical monthly rent
$1,537 ▲59% above the county
$966
$1,034
$1,413
Typical yearly household income
$115,567 ▲58% above the county
$73,347
$71,389
$80,734
Households that own their home
83% ▲9 points above the county
74%
67%
65%
Typical yearly property tax
$5,341 ▲75% above the county
$3,055
$2,822
$3,119
Effective property tax rate
1.45% ▲0.08 points above the county
1.37%
1.31%
0.94%
Renters with high rent for their income
36% ▼11 points below the county
47%
46%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lorain County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Avon Lake
For a typical $368,300 home in Avon Lake, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Avon Lake's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,211a month
Least cash to close
Down payment
$12,891
Cash to close
$23,940
Rate
7.18%
Mortgage insurance
FHA MIP · $163
Conventional, 5% down$3,144a month
Down payment
$18,415
Cash to close
$29,464
Rate
7.18%
Mortgage insurance
PMI · $175
Conventional, 20% down, no PMI$2,594a month
Down payment
$73,660
Cash to close
$84,709
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,935a month
Down payment
$55,245
Cash to close
$66,294
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Avon Lake
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,211
$12,891
$361,629
7.18%
FHA MIP · $163
$23,940
580
Conventional, 5% down
$3,144
$18,415
$349,885
7.18%
PMI · $175
$29,464
620*
Conventional, 20% down, no PMI
$2,594
$73,660
$294,640
7.18%
None
$84,709
620*
ITIN, 15% down (example)
$2,935
$55,245
$313,055
8.18%
None
$66,294
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Avon Lake is $1,537 a month: 59% above the county. In Avon Lake, 36% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lorain County, by unit size. To pay the 2-bedroom one ($1,274 a month) without spending more than 30% of your income, you would need to earn $24.50 an hour working full time.
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 4 HUD-approved agencies with an office in Lorain County; 2 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Avon Lake or Lorain County. The ones below are statewide in Ohio: they work in Avon Lake the same as in the rest of the state.
Ohio state agency help of 2.5% or 5% of the price for the down payment, closing costs or other costs before closing, forgiven after seven years; if you sell sooner, you repay all of it.Offered by Ohio Housing Finance Agency (OHFA).
Ohio state agency certificate that turns part of your mortgage interest into a credit on your federal tax return, up to $2,000 a year: 40% with an OHFA mortgage (MTC Plus) or 15% to 20% with another mortgage (MTC Basic).Offered by Ohio Housing Finance Agency (OHFA).
No legal help resource on our list is for Avon Lake or Lorain County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Avon Lake and all of Lorain County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Avon Lake?
The typical home value in Avon Lake is $368,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lorain County it is $223,200.
How much does it cost to rent in Avon Lake?
Typical rent in Avon Lake is $1,537 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lorain County is $1,274.
What is the FHA loan limit in Avon Lake?
Avon Lake uses the FHA limit for all of Lorain County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Avon Lake?
The typical homeowner in Avon Lake pays $5,341 a year, according to the U.S. Census Bureau. That is 1.45% of the home’s value; in Lorain County, the rate is 1.37%.
Where can I find free help to buy or rent in Avon Lake?
There are 4 HUD-approved counseling agencies with an office in Lorain County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
