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Painesville city, OH

ZIP 44077 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 44077

Median Home Value
$217,400
Median Rent
$815
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,397/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 44077 in Painesville city, OH, a household would need roughly $60,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,397. That sits below the local median household income ($80,692), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
73.3%+12% vs US avg
x
Vacancy Rate
5.6%-46% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
4.0%-73% vs US avg
x
Built Pre-1939
4.5%-65% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
24.0%-52% vs US avg
x
Mortgage-Free
34.7%-9% vs US avg
x
$217,400
Home Value
$815
Rent
1979
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.8%
  • 1-unit attached10.2%
  • 2-9 units11.1%
  • 10+ units5.6%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$217,400
Median rent$815
Owner-occupied73.3%
Vacant5.6%
Price-to-income2.7x
Est. income to buy$60,000