In Grafton, a typical home is worth $216,100 and typical rent is $1,089 a month. Compared with all of Lorain County, typical household income is 24% higher and typical rent is 13% higher.
Typical home value from Zillow, September 2021 to September 2026: from $233,533 to $314,126.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Grafton 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
Nearby, in Elyria, the typical home value is $156,100: 28% less than in Grafton ($216,100).
2
The typical household income in Grafton is $90,724,24% more than in Lorain County as a whole ($73,347).
3
Nearby, in Elyria, the typical rent is $906: 17% less than in Grafton ($1,089).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Grafton
What homes there are in Grafton, 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
Grafton
Lorain County
Ohio
United States
Kind of home: Grafton and its comparisons
Measure
Grafton
Lorain County
Ohio
United States
Detached house
87%
76%
69%
61%
Attached house
Unreliable estimate
6%
5%
6%
Building of 2 to 4
Unreliable estimate
5%
8%
8%
Apartments (5 or more)
Unreliable estimate
11%
15%
19%
Mobile home
Unreliable estimate
2%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 87% of homes here, against 76% in Lorain County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Grafton
Lorain County
Ohio
United States
Year built: Grafton and its comparisons
Measure
Grafton
Lorain County
Ohio
United States
Before 1960
30%
33%
38%
26%
1960–1979
28%
27%
26%
24%
1980–1999
15%
18%
20%
25%
2000–2009
13%
13%
10%
14%
2010 or later
15%
9%
7%
11%
The typical year built in Grafton is 1976, about the same as in Lorain County (1973).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K44%
$200K–$300K24%
$300K–$500K28%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Grafton and its comparisons
Measure
Grafton
Under $100K
Unreliable estimate
$100K–$200K
44%
$200K–$300K
24%
$300K–$500K
28%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Grafton and its comparisons
Measure
Grafton
Under $500
Unreliable
$500–$999
Unreliable estimate
$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
$1,412 a month
Lorain County: $1,525 a month
Without a mortgage
$587 a month
Lorain County: $629 a month
Owners with a mortgage
65%
Lorain County: 62%
The typical cost for an owner with a mortgage in Grafton is $1,412 a month, less than in Lorain County ($1,525); without one, $587.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Grafton+49%
Lorain County+48%
Ohio+47%
United States+53%
Typical rent
Grafton+48%
Lorain County+25%
Ohio+28%
United States+33%
Typical household income
Grafton+49%
Lorain County+26%
Ohio+26%
United States+29%
Change since 2015–2019: Grafton and its comparisons
Measure
Grafton
Lorain County
Ohio
United States
Typical home value
+49%
+48%
+47%
+53%
Typical rent
+48%
+25%
+28%
+33%
Typical household income
+49%
+26%
+26%
+29%
From 2015–2019 to 2020–2024, home values in Grafton rose at about the same pace as in Lorain County: 49% against 48%.
The typical rent in Grafton rose 48% over the same time; in Lorain County, it rose 25%.
While home values in Grafton changed +49% and rent +48%, the typical household income rose 49%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Grafton and its comparisons
Measure
Grafton
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
3.02
2.42
2.37
2.53
Drive alone
79%
78%
75%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
8%
12%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
More people live in each home here: 3.02 on average, against 2.42 in Lorain County.
To get to work, 79% of workers in Grafton drive alone; in Lorain County, 78%.
Do the math
What would you pay each month for a home in Grafton?
A typical home is within reach of the typical income
We start with a typical home in Grafton, worth $216,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 24% of the typical household income in Grafton, which is $90,724 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 Grafton. 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 $7,564 (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
$1,832
at 7.18% · 30 years
Loan amount
$212,185
Total interest
$305,285
Paid off in
November 2056
Includes $3,649 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,117 a month
Your payment · 24%
Tight
$2,117 to $2,722 a month
Hard
more than $2,722 a month
Compared with the typical household income in Grafton ($90,724 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,437
Property tax
$209
Home insurance
$90
FHA mortgage insurance (MIP)
$96
You need at least $7,564 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 $1,832; principal and interest $1,437.
The city and its county
Grafton and Lorain County
Grafton 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).
Grafton
Map of Lorain County, Ohio, with Grafton marked. Around it, the neighboring counties.
Grafton
Lorain County
Other cities with a page
Grafton's own numbers
Typical home value
$216,100
Typical monthly rent
$1,089
Typical yearly household income
$90,724
Households that own their home
79%
Effective property tax rate
1.16%
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 Grafton is worth $216,100: 3% below the county and about the same as Ohio. With the typical household income in Grafton ($90,724 a year), a typical home costs 2.4 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.
Grafton2.4 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
Grafton 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
Grafton$216,100
Lorain$223,200
Ohio$214,800
United States$332,700
Typical monthly rent
Grafton$1,089
Lorain$966
Ohio$1,034
United States$1,413
Typical yearly household income
Grafton$90,724
Lorain$73,347
Ohio$71,389
United States$80,734
See the full table
Grafton next to Lorain County and Ohio
Measure
Grafton
Lorain County
Ohio
U.S.
Typical home value
$216,100 ▼3% below the county
$223,200
$214,800
$332,700
Typical monthly rent
$1,089 ▲13% above the county
$966
$1,034
$1,413
Typical yearly household income
$90,724 ▲24% above the county
$73,347
$71,389
$80,734
Households that own their home
79% ▲5 points above the county
74%
67%
65%
Typical yearly property tax
$2,509 ▼18% below the county
$3,055
$2,822
$3,119
Effective property tax rate
1.16% ▼0.21 points below the county
1.37%
1.31%
0.94%
Renters with high rent for their income
37% ▼10 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 Grafton
For a typical $216,100 home in Grafton, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Grafton's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,832a month
Least cash to close
Down payment
$7,564
Cash to close
$14,047
Rate
7.18%
Mortgage insurance
FHA MIP · $96
Conventional, 5% down$1,792a month
Down payment
$10,805
Cash to close
$17,288
Rate
7.18%
Mortgage insurance
PMI · $103
Conventional, 20% down, no PMI$1,470a month
Down payment
$43,220
Cash to close
$49,703
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,670a month
Down payment
$32,415
Cash to close
$38,898
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Grafton
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,832
$7,564
$212,186
7.18%
FHA MIP · $96
$14,047
580
Conventional, 5% down
$1,792
$10,805
$205,295
7.18%
PMI · $103
$17,288
620*
Conventional, 20% down, no PMI
$1,470
$43,220
$172,880
7.18%
None
$49,703
620*
ITIN, 15% down (example)
$1,670
$32,415
$183,685
8.18%
None
$38,898
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 Grafton is $1,089 a month: 13% above the county. In Grafton, 37% 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.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Lorain County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$924
$17.77
$36,960
1 bedroom
$1,050
$20.19
$42,000
2 bedrooms
$1,274
$24.50
$50,960
3 bedrooms
$1,628
$31.31
$65,120
4 bedrooms
$1,756
$33.77
$70,240
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 Grafton
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Grafton is in ZIP code 44044.
For 2 bedrooms it is $1,280: $6 more than the fair market rent for Lorain County ($1,274).
Fair market rent by ZIP code and size in Grafton, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
44044
$930
$1,060
$1,280
$1,640
$1,760
ZIP code2 bd3 bd
44044 $1,280$1,640
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Grafton 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 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 Grafton or Lorain County. The ones below are statewide in Ohio: they work in Grafton 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 Grafton 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 Grafton 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 Grafton?
The typical home value in Grafton is $216,100, 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 Grafton?
Typical rent in Grafton is $1,089 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 Grafton?
Grafton 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 Grafton?
The typical homeowner in Grafton pays $2,509 a year, according to the U.S. Census Bureau. That is 1.16% of the home’s value; in Lorain County, the rate is 1.37%.
Where can I find free help to buy or rent in Grafton?
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.
