Trend of Rental Yield in Lorain County, Ohio

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountyLorain County
Population 2015303,152
Population 2009302,811
Population % change0.1
Population change rank compared to US2,081
Population change rank compared to Ohio46
Median Gross Rent 2015741
Median Gross Rent 2009654
Median Gross Rent % change13.3
Median Gross Rent change rank compared to US1,738
Median Gross Rent change rank compared to Ohio23
Home Value 2015137,400
Home Value 2009145,700
Home Value % change-5.7
Home Value change rank compared to US2,633
Home Value change rank compared to Ohio73
Rental Yield 20156.5
Rental Yield 20095.4
Rental Yield % change20.1
Rental Yield change rank compared to US645
Rental Yield change rank compared to Ohio8