How many apartments are available in West Lorain on Rentable.co?

Rentable.co has over 33 apartments available near West Lorain.

What is the average rent for a studio apartment in West Lorain?

The average rent for a studio apartment near West Lorain is around $0 per month.

What is the average rent for a one-bedroom apartment in West Lorain?

The average rent for a one-bedroom apartment near West Lorain is around $800 per month.

What is the average rent for a two-bedroom apartment in West Lorain?

The average rent for a two-bedroom apartment near West Lorain is around $900 per month.

How many apartments are available in Lorain, OH on Rentable.co?

Rentable.co has over 1,304 apartments available in Lorain.

What is the average rent for a studio apartment in Lorain, OH?

The average rent for a <a href='/lorain-oh/studio-apartments-for-rent' >studio apartment</a> in Lorain is around $700 per month.

What is the average rent for a one-bedroom apartment in Lorain, OH?

The average rent for a <a href='/lorain-oh/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Lorain is around $800 per month.

What is the average rent for a two-bedroom apartment in Lorain, OH?

The average rent for a <a href='/lorain-oh/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Lorain is around $920 per month.

How expensive is it to rent an apartment in Lorain, OH?

For a two-bedroom apartment in Lorain, the average rent price is $920 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Lorain, OH?

Based on average rent prices in Lorain, to afford a <a href='/lorain-oh/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $28,000 to live comfortably.

Apartments in West Lorain

Lorain:
November Rent Report

Welcome to the November 2024 Lorain Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Lorain rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lorain and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lorain average rent prices in the chart below.

Monthly Rent Report

$1,000

$750

$500

$250

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Lorain Rent Prices Decrease From October to November

Lorain rent prices decreased over the last month. From October to November, the city experienced a -3.1% decrease for the price of a one-bedroom apartment. The rent price for a Lorain one-bedroom apartments currently stands at $719.0.

When we take a look at the two-bedroom comparison from October to November, Lorain experienced a 1.89% increase for the price of a two-bedroom apartment. The rent price for a Lorain two-bedroom apartments currently stands at $918.0.

November Prices: Lorain vs. Surrounding Areas

Rent Prices in Lorain and Surrounding Areas

Rent prices have decreased in Lorain over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Lorain suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Lorain suburbs
Rents did not decrease in any of the Lorain suburbs.

November 2024 Pricing Trends: Lorain vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$1,400

$2,800

$4,200

$5,600

Median Rent

Lorain Rent Prices More Affordable Than Major Cities

Rent growth in Lorain over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Lorain average rent prices appear to be relatively affordable for local residents.

The price for a Lorain one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lorain and surrounding area rent prices, take a look at the complete data set below.

Data set for Lorain and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.