In Willoughby, a typical home is worth $216,900 and typical rent is $1,171 a month. Compared with all of Lake County, typical household income is 12% lower, typical rent is 5% higher, and the share of households that own their home is 12 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $189,406 to $243,719.
Typical rent
$1,417a month
Typical rent from Zillow, March 2026 to September 2026: from $1,368 to $1,417.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Willoughby is in Lake 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 Lake County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Willowick, the typical home value is $166,000: 23% less than in Willoughby ($216,900).
2
Nearby, in Eastlake, the typical rent is $973: 17% less than in Willoughby ($1,171).
3
63% of households in Willoughby own their home, against 76% in Lake County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Willoughby
What homes there are in Willoughby, 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
Willoughby
Lake County
Ohio
United States
Kind of home: Willoughby and its comparisons
Measure
Willoughby
Lake County
Ohio
United States
Detached house
51%
72%
69%
61%
Attached house
9%
7%
5%
6%
Building of 2 to 4
6%
4%
8%
8%
Apartments (5 or more)
31%
16%
15%
19%
Mobile home
3%
2%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Willoughby, 5 in 10 homes are single-family detached houses; in Lake County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or later
Willoughby
Lake County
Ohio
United States
Year built: Willoughby and its comparisons
Measure
Willoughby
Lake County
Ohio
United States
Before 1960
29%
32%
38%
26%
1960–1979
29%
31%
26%
24%
1980–1999
26%
22%
20%
25%
2000–2009
8%
9%
10%
14%
2010 or later
8%
6%
7%
11%
The typical home in Willoughby was built in 1976, 4 years after the typical one in Lake County.
There are fewer big homes in Willoughby than in Lake County: 53% have 3 bedrooms or more, against 70%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K11%
$100K–$200K32%
$200K–$300K30%
$300K–$500K22%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Willoughby and its comparisons
Measure
Willoughby
Under $100K
11%
$100K–$200K
32%
$200K–$300K
30%
$300K–$500K
22%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
The FHA limit for Lake County is high ($541,287): at least 95% of owner-occupied homes in Willoughby are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99925%
$1,000–$1,49949%
$1,500–$1,99912%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or more5%
Monthly rent with utilities: Willoughby and its comparisons
Measure
Willoughby
Under $500
Unreliable estimate
$500–$999
25%
$1,000–$1,499
49%
$1,500–$1,999
12%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
5%
With a mortgage
$1,522 a month
Lake County: $1,500 a month
Without a mortgage
$651 a month
Lake County: $635 a month
Owners with a mortgage
61%
Lake County: 62%
In Willoughby, 61% of owners have a mortgage; their typical cost is $1,522 a month, about the same as in Lake County.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Willoughby+42%
Lake County+37%
Ohio+47%
United States+53%
Typical rent
Willoughby+25%
Lake County+24%
Ohio+28%
United States+33%
Typical household income
Willoughby+18%
Lake County+26%
Ohio+26%
United States+29%
Change since 2015–2019: Willoughby and its comparisons
Measure
Willoughby
Lake County
Ohio
United States
Typical home value
+42%
+37%
+47%
+53%
Typical rent
+25%
+24%
+28%
+33%
Typical household income
+18%
+26%
+26%
+29%
The typical home value in Willoughby rose 42% since 2015–2019, more than in Lake County (37%).
Much as in Lake County, the typical rent in Willoughby rose 25% since 2015–2019.
The typical household income in Willoughby rose 18%: less than home values (+42%) and rent (+25%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Willoughby and its comparisons
Measure
Willoughby
Lake County
Ohio
United States
Rental vacancy
Unreliable estimate
3.3%
4.4%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
1.0%
1.5%
3.4%
People per household
2.01
2.27
2.37
2.53
Drive alone
69%
77%
75%
69%
Carpool
9%
7%
8%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
18%
14%
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
Households in Willoughby are smaller: 2.01 people on average; in Lake County, 2.27.
In Willoughby, 18% of workers work from home, more than in Lake County (14%).
Do the math
What would you pay each month for a home in Willoughby?
A typical home is tight for the typical income
We start with a typical home in Willoughby, worth $216,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 32% of the typical household income in Willoughby, which is $71,309 a year. For that payment to be 28% of income, a household would need to earn about $82,598 a year.
The calculator's FHA and conventional loan limits are those of all of Lake 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 Willoughby. 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 $7,592 (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
$1,927
at 7.18% · 30 years
Loan amount
$212,971
Total interest
$306,415
Paid off in
November 2056
Includes $3,663 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,664 a month
Tight
$1,664 to $2,139 a month
Your payment · 32%
Hard
more than $2,139 a month
Compared with the typical household income in Willoughby ($71,309 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,443
Property tax
$298
Home insurance
$90
FHA mortgage insurance (MIP)
$96
You need at least $7,592 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 $1,927; principal and interest $1,443.
The city and its county
Willoughby and Lake County
Willoughby is in Lake 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).
Willoughby
Map of Lake County, Ohio, with Willoughby marked. Around it, the neighboring counties.
Willoughby
Lake County
Other cities with a page
Willoughby's own numbers
Typical home value
$216,900
Typical monthly rent
$1,171
Typical yearly household income
$71,309
Households that own their home
63%
Effective property tax rate
1.65%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lake 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)
+47%
Homes in a high flood-risk zone
0.8%
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 Lake County.
A typical home in Willoughby is worth $216,900: about the same as the county and about the same as Ohio. With the typical household income in Willoughby ($71,309 a year), a typical home costs 3.0 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.
Willoughby3.0 years
Lake2.6 years
Ohio3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lake County
According to FHFA’s house price index, home prices in Lake County rose 77% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lake County.
Yearly change in FHFA’s price index in Lake County, 2016 to 2025
2016: +3.0% +3.0% 2016
2017: +2.7% +2.7% 2017
2018: +4.1% +4.1% 2018
2019: +4.4% +4.4% 2019
2020: +4.5% +4.5% 2020
2021: +9.7% +9.7% 2021
2022: +10.6% +10.6% 2022
2023: +7.0% +7.0% 2023
2024: +8.1% +8.1% 2024
2025: +4.9% +4.9% 2025
Change in FHFA’s price index in Lake County, Ohio and the United States
Period
County
Ohio
U.S.
Last year (2025)
+4.9%
+4.8%
+2.9%
5 years (2020–2025)
+47%
+53%
+47%
10 years (2015–2025)
+77%
+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
Willoughby next to Lake 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
Willoughby$216,900
Lake$214,100
Ohio$214,800
United States$332,700
Typical monthly rent
Willoughby$1,171
Lake$1,113
Ohio$1,034
United States$1,413
Typical yearly household income
Willoughby$71,309
Lake$80,925
Ohio$71,389
United States$80,734
See the full table
Willoughby next to Lake County and Ohio
Measure
Willoughby
Lake County
Ohio
U.S.
Typical home value
$216,900
$214,100
$214,800
$332,700
Typical monthly rent
$1,171 ▲5% above the county
$1,113
$1,034
$1,413
Typical yearly household income
$71,309 ▼12% below the county
$80,925
$71,389
$80,734
Households that own their home
63% ▼12 points below the county
76%
67%
65%
Typical yearly property tax
$3,585 ▲3% above the county
$3,475
$2,822
$3,119
Effective property tax rate
1.65% ▲0.03 points above the county
1.62%
1.31%
0.94%
Renters with high rent for their income
48% ▲2 points above the county
45%
46%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lake 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 Willoughby
For a typical $216,900 home in Willoughby, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Willoughby's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,927a month
Least cash to close
Down payment
$7,592
Cash to close
$14,099
Rate
7.18%
Mortgage insurance
FHA MIP · $96
Conventional, 5% down$1,888a month
Down payment
$10,845
Cash to close
$17,352
Rate
7.18%
Mortgage insurance
PMI · $103
Conventional, 20% down, no PMI$1,564a month
Down payment
$43,380
Cash to close
$49,887
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,765a month
Down payment
$32,535
Cash to close
$39,042
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Willoughby
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,927
$7,592
$212,971
7.18%
FHA MIP · $96
$14,099
580
Conventional, 5% down
$1,888
$10,845
$206,055
7.18%
PMI · $103
$17,352
620*
Conventional, 20% down, no PMI
$1,564
$43,380
$173,520
7.18%
None
$49,887
620*
ITIN, 15% down (example)
$1,765
$32,535
$184,365
8.18%
None
$39,042
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 Willoughby is $1,171 a month: 5% above the county. In Willoughby, 48% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lake 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 Lake 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 Willoughby
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Willoughby is in ZIP code 44094.
For 2 bedrooms it is $1,440: $166 more than the fair market rent for Lake County ($1,274).
Fair market rent by ZIP code and size in Willoughby, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
44094
$1,040
$1,190
$1,440
$1,840
$1,980
ZIP code2 bd3 bd
44094 $1,440$1,840
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Willoughby 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 Lake County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Willoughby or Lake County. The ones below are statewide in Ohio: they work in Willoughby 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 Willoughby or Lake 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 Willoughby and all of Lake 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 Willoughby?
The typical home value in Willoughby is $216,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lake County it is $214,100.
How much does it cost to rent in Willoughby?
Typical rent in Willoughby is $1,171 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lake County is $1,274.
What is the FHA loan limit in Willoughby?
Willoughby uses the FHA limit for all of Lake 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 Willoughby?
The typical homeowner in Willoughby pays $3,585 a year, according to the U.S. Census Bureau. That is 1.65% of the home’s value; in Lake County, the rate is 1.62%.
Where can I find free help to buy or rent in Willoughby?
There is 1 HUD-approved counseling agency with an office in Lake County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
