Cost of Living in Erie County, Ohio

$882/mo
Median Monthly Rent
$183,900
Median Home Value

At a Glance

Median Monthly Rent
$882/mo
1% above state average
Median Home Value
$183,900
35% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Erie County Compares

Median monthly rent comparison

Erie County$882/mo
Ohio Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$882/mo
Median Gross Rent
$183,900
Median Home Value
$945/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Erie County ranks #1,864 of 3,144 counties for affordability (bottom 41%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Erie County, Ohio

Erie County aligns closely with national affordability

Renters in Erie County spend 15.5% of their income on rent, nearly matching Ohio's state average of 15.6% and sitting close to national housing cost patterns. With a median household income of $68,431 (8% below the national average) and monthly rents of $882, Erie offers reasonably balanced housing economics.

Middle-of-pack affordability in Ohio

Erie County's 15.5% rent-to-income ratio sits right at Ohio's state average, with rents of $882 slightly above the state median of $873. This middle-tier positioning makes Erie a stable, predictable housing market without the affordability pressures of more expensive urban counties.

Slightly pricier than rural northwest Ohio

Erie's $882 monthly rent exceeds nearby Darke County ($747) and Defiance County ($826), reflecting its larger population and industrial base along Lake Erie. Home values of $183,900 position Erie between rural counties and more affluent suburban markets.

Balanced budget demands in Lake Erie region

A typical Erie County renter earning $68,431 annually pays $882 monthly in rent, consuming 15.5% of gross income, while homeowners spend $945 on $183,900 median-valued homes. These ratios allow reasonable household budget flexibility despite below-average county incomes.

Erie offers steady housing stability

If you value predictable, middle-tier housing costs without surprises, Erie County delivers reliable affordability patterns that match statewide norms. The county's Lake Erie location and industrial employment base make it an underrated option for relocators seeking stability over premium amenities.

Cost of Living Advisory: Erie County

Affordability Verdict

For renters in Erie County, the market is affordable. Expect to pay around $882/month in gross rent, with 26.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Erie County is $882/month, while owner costs run $945/month. Renting saves approximately $63/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,280/year. For owner costs at the 28% rule, the required income is roughly $40,500/year. With a median household income of $68,431, most households can comfortably afford rent here. Notably, 26.0% of renter households in Erie County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Lawrence County where rent averages $830/month, Erie County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Erie County

$

Rent Burden

15.5%

of gross income

Max Housing (28% Rule)

$1,597

per month

Owner Cost Burden

16.6%

of gross income

You can likely afford the median home in Erie County

Median home value is $183,900. Estimated monthly cost: $1,468 vs. your max of $1,597.

Rent Affordability Guide

Your rent-to-income ratio15.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,431Needed: $35,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,431Needed: $40,500
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,431Needed: $42,799

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Erie County, Ohio?
Erie County, Ohio has a median monthly rent of $882/mo and a median home value of $183,900. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Erie County?
The median gross rent in Erie County is $882/mo. This is 1% above state average for Ohio.
Is Erie County affordable?
Erie County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Erie County's rent compare to the state average?
Erie County's median rent of $882/mo is 1% above state average of $873/mo for Ohio.
What is the median home value in Erie County?
The median home value in Erie County, Ohio is $183,900. This is 35% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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