Is Lorain, OH a good place to invest in rental property?

Lorain, OH has a median modeled monthly cash flow of $-89 and a median cap rate of 5.7%, on a median sold price of $167,000. Prices changed +3.7% year over year.

What is the average cap rate in Lorain, OH?

The median cap rate across recently sold homes in Lorain, OH is 5.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lorain, OH?

The median sold price in Lorain, OH is $167,000 (about $125 per square foot).

Investing in Lorain, OH Real Estate

A data-driven snapshot of the Lorain, OH rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$167,000Median sold price

$125Median $/sqft

5.7%Median cap rate

$-89Modeled cash flow / mo

+3.7%Appreciation YoY

8.5Months of supply

502Active listings

711Sold (last 12 mo)

What the Lorain numbers say

In Lorain, OH, the median home sold for $167,000 (about $125 per square foot), and the typical deal models out to a 5.7% cap rate with a median $-89 of monthly cash flow. Sold prices moved +3.7% over the past year. Inventory sits at about 8.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Ohio markets to compare

See Lorain cash-flowing listings

CashFlowRE ranks every for-sale home in Lorain, OH by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lorain deals, or browse the national market data.