In Cortland, a typical home is worth $224,900 and typical rent is $720 a month. Compared with all of Trumbull County, the typical home value is 59% higher and typical household income is 27% higher.
Typical home value from Zillow, September 2021 to September 2026: from $172,380 to $235,821.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Cortland is in Trumbull 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 Trumbull County. See the county
What this place has that others do not, from public data, most unusual first.
1
Cortland has the 5th lowest typical rent of the 285 cities in Ohio with more than 5,000 people ($720).
2
Nearby, in Warren, the typical home value is $86,400: 62% less than in Cortland ($224,900).
3
The typical home in Cortland is worth $224,900,59% more than in Trumbull County as a whole ($141,800).
4
The typical household income in Cortland is $71,563,27% more than in Trumbull County as a whole ($56,435).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Cortland
What homes there are in Cortland, 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
Cortland
Trumbull County
Ohio
United States
Kind of home: Cortland and its comparisons
Measure
Cortland
Trumbull County
Ohio
United States
Detached house
71%
76%
69%
61%
Attached house
11%
4%
5%
6%
Building of 2 to 4
Unreliable estimate
7%
8%
8%
Apartments (5 or more)
Unreliable estimate
9%
15%
19%
Mobile home
Unreliable estimate
4%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Cortland (71%), but less so than in Trumbull County (76%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Cortland
Trumbull County
Ohio
United States
Year built: Cortland and its comparisons
Measure
Cortland
Trumbull County
Ohio
United States
Before 1960
15%
44%
38%
26%
1960–1979
34%
33%
26%
24%
1980–1999
37%
16%
20%
25%
2000–2009
8%
5%
10%
14%
2010 or later
Unreliable estimate
3%
7%
11%
Homes in Cortland are newer: the typical year built is 1981; in Trumbull County, 1964.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K33%
$200K–$300K41%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Cortland and its comparisons
Measure
Cortland
Under $100K
Unreliable estimate
$100K–$200K
33%
$200K–$300K
41%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99966%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Cortland and its comparisons
Measure
Cortland
Under $500
Unreliable estimate
$500–$999
66%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,471 a month
Trumbull County: $1,144 a month
Without a mortgage
$628 a month
Trumbull County: $488 a month
Owners with a mortgage
64%
Trumbull County: 52%
The typical cost for an owner with a mortgage in Cortland is $1,471 a month, more than in Trumbull County ($1,144); without one, $628.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Cortland+48%
Trumbull County+38%
Ohio+47%
United States+53%
Typical rent
CortlandNo clear change
Trumbull County+18%
Ohio+28%
United States+33%
Typical household income
CortlandNo clear change
Trumbull County+19%
Ohio+26%
United States+29%
Change since 2015–2019: Cortland and its comparisons
Measure
Cortland
Trumbull County
Ohio
United States
Typical home value
+48%
+38%
+47%
+53%
Typical rent
No clear change
+18%
+28%
+33%
Typical household income
No clear change
+19%
+26%
+29%
The typical home value in Cortland rose 48% since 2015–2019, more than in Trumbull County (38%).
Rent in Cortland moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Cortland and its comparisons
Measure
Cortland
Trumbull County
Ohio
United States
Rental vacancy
Unreliable estimate
6.0%
4.4%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
0.8%
0.9%
More than one person per room
Unreliable estimate
1.0%
1.5%
3.4%
People per household
2.22
2.28
2.37
2.53
Drive alone
82%
81%
75%
69%
Carpool
Unreliable estimate
9%
8%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
10%
7%
13%
15%
Other means
Unreliable estimate
2%
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Much as in Trumbull County, a household in Cortland has 2.22 people on average.
Many people here do not commute at all: 10% work from home; in Trumbull County, 7%.
Do the math
What would you pay each month for a home in Cortland?
A typical home is tight for the typical income
We start with a typical home in Cortland, worth $224,900, 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 Cortland, which is $71,563 a year. For that payment to be 28% of income, a household would need to earn about $83,235 a year.
The calculator's FHA and conventional loan limits are those of all of Trumbull 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 Cortland. 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 $7,872 (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
$1,942
at 7.18% · 30 years
Loan amount
$220,826
Total interest
$317,717
Paid off in
November 2056
Includes $3,798 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,670 a month
Tight
$1,670 to $2,147 a month
Your payment · 33%
Hard
more than $2,147 a month
Compared with the typical household income in Cortland ($71,563 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,496
Property tax
$253
Home insurance
$94
FHA mortgage insurance (MIP)
$99
You need at least $7,872 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 $1,942; principal and interest $1,496.
The city and its county
Cortland and Trumbull County
Cortland is in Trumbull 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).
Cortland
Map of Trumbull County, Ohio, with Cortland marked. Around it, the neighboring counties.
Cortland
Trumbull County
Other cities with a page
Cortland's own numbers
Typical home value
$224,900
Typical monthly rent
$720
Typical yearly household income
$71,563
Households that own their home
76%
Effective property tax rate
1.35%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Trumbull County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,003
Price change over 5 years (FHFA)
+59%
Homes in a high flood-risk zone
1.4%
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 Trumbull County.
A typical home in Cortland is worth $224,900: 59% above the county and 5% above Ohio. With the typical household income in Cortland ($71,563 a year), a typical home costs 3.1 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.
Cortland3.1 years
Trumbull2.5 years
Ohio3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Trumbull County
According to FHFA’s house price index, home prices in Trumbull County rose 92% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Trumbull County.
Yearly change in FHFA’s price index in Trumbull County, 2016 to 2025
2016: +4.9% +4.9% 2016
2017: +4.3% +4.3% 2017
2018: +4.0% +4.0% 2018
2019: +1.9% +1.9% 2019
2020: +4.3% +4.3% 2020
2021: +11.9% +11.9% 2021
2022: +13.7% +13.7% 2022
2023: +10.1% +10.1% 2023
2024: +8.2% +8.2% 2024
2025: +5.1% +5.1% 2025
Change in FHFA’s price index in Trumbull County, Ohio and the United States
Period
County
Ohio
U.S.
Last year (2025)
+5.1%
+4.8%
+2.9%
5 years (2020–2025)
+59%
+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
Cortland next to Trumbull 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
Cortland$224,900
Trumbull$141,800
Ohio$214,800
United States$332,700
Typical monthly rent
Cortland$720
Trumbull$797
Ohio$1,034
United States$1,413
Typical yearly household income
Cortland$71,563
Trumbull$56,435
Ohio$71,389
United States$80,734
See the full table
Cortland next to Trumbull County and Ohio
Measure
Cortland
Trumbull County
Ohio
U.S.
Typical home value
$224,900 ▲59% above the county
$141,800
$214,800
$332,700
Typical monthly rent
$720 ▼10% below the county
$797
$1,034
$1,413
Typical yearly household income
$71,563 ▲27% above the county
$56,435
$71,389
$80,734
Households that own their home
76% ▲5 points above the county
71%
67%
65%
Typical yearly property tax
$3,026 ▲63% above the county
$1,856
$2,822
$3,119
Effective property tax rate
1.35% ▲0.04 points above the county
1.31%
1.31%
0.94%
Renters with high rent for their income
42% ▼5 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 Trumbull 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 Cortland
For a typical $224,900 home in Cortland, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Cortland's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,942a month
Least cash to close
Down payment
$7,872
Cash to close
$14,619
Rate
7.18%
Mortgage insurance
FHA MIP · $99
Conventional, 5% down$1,901a month
Down payment
$11,245
Cash to close
$17,992
Rate
7.18%
Mortgage insurance
PMI · $107
Conventional, 20% down, no PMI$1,566a month
Down payment
$44,980
Cash to close
$51,727
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,773a month
Down payment
$33,735
Cash to close
$40,482
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Cortland
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,942
$7,872
$220,826
7.18%
FHA MIP · $99
$14,619
580
Conventional, 5% down
$1,901
$11,245
$213,655
7.18%
PMI · $107
$17,992
620*
Conventional, 20% down, no PMI
$1,566
$44,980
$179,920
7.18%
None
$51,727
620*
ITIN, 15% down (example)
$1,773
$33,735
$191,165
8.18%
None
$40,482
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 Cortland is $720 a month: 10% below the county. In Cortland, 42% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Trumbull County, by unit size. To pay the 2-bedroom one ($1,003 a month) without spending more than 30% of your income, you would need to earn $19.29 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Trumbull County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$755
$14.52
$30,200
1 bedroom
$801
$15.40
$32,040
2 bedrooms
$1,003
$19.29
$40,120
3 bedrooms
$1,295
$24.90
$51,800
4 bedrooms
$1,374
$26.42
$54,960
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Cortland
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Cortland is in ZIP code 44410.
For 2 bedrooms it is $1,000: $3 less than the fair market rent for Trumbull County ($1,003).
Fair market rent by ZIP code and size in Cortland, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
44410
$760
$800
$1,000
$1,300
$1,370
ZIP code2 bd3 bd
44410 $1,000$1,300
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Cortland when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
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 is 1 HUD-approved agency with an office in Trumbull County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Cortland or Trumbull County. The ones below are statewide in Ohio: they work in Cortland 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 Cortland or Trumbull 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 Cortland and all of Trumbull 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 Cortland?
The typical home value in Cortland is $224,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Trumbull County it is $141,800.
How much does it cost to rent in Cortland?
Typical rent in Cortland is $720 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Trumbull County is $1,003.
What is the FHA loan limit in Cortland?
Cortland uses the FHA limit for all of Trumbull 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 Cortland?
The typical homeowner in Cortland pays $3,026 a year, according to the U.S. Census Bureau. That is 1.35% of the home’s value; in Trumbull County, the rate is 1.31%.
Where can I find free help to buy or rent in Cortland?
There is 1 HUD-approved counseling agency with an office in Trumbull County. They can help you get ready to buy, with your credit, or with rent.
