Portage County, Ohio Housing Market Prices
Portage County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 81% above the Ohio median More expensive than 83% of counties in Ohio$251,635
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Median rent 3% above the Ohio median More expensive than 85% of counties in Ohio$1,064
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Portage County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $251,635 | $139,044 | $248,835 |
| Price Trend (Annual %) | 15.7% | 6.7% | 7.5% |
| Median Gross Rent | $1,064 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Portage County is about 81% higher than in Ohio. Rent is about 3% higher than the Ohio average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Portage County, up about 15.7% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Portage County rose about 32.7% between 2015 and 2024, from $802 to $1,064. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Portage County.
Buying the median-priced home in Portage County costs roughly 19.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Portage County. The price-to-rent ratio in Ohio is about 11.2.
| Metric | Portage County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $251,635 | $139,044 | $248,835 |
| Median Household Income | $75,724 | $71,509 | $80,455 |
| Price-to-Income Ratio | 3.3 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Portage County rose about 187.2%, while median household income rose about 47.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Portage County | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.2% | 61.7% | 58.5% |
| Rental Rate | 27.3% | 30.1% | 31.2% |
| Vacancy Rate | 8.5% | 8.1% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Portage County has a homeownership rate of 64.2%, higher than the Ohio average of 61.7%. Its housing vacancy rate is 8.5%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Portage County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.37 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1976 | 1970 | 1978 |
| Median Number of Rooms | 5.9 | 5.9 | 5.5 |
The typical housing unit in Portage County was built around 1976. On average, 2.4 people live in a home with about 5.9 rooms, staying for about 16.0 years on average.
Portage County, OH Housing Compared With Nearby Counties
Portage County, OH is the 5th largest of the 6 counties compared here, 161,954 residents against a local median of 226,483. The measure that sets Portage County, OH apart most is median home price: $251,635, 111% above the local median of $119,164.
Median rent tells the same story from another angle: $1,064 against a local median of $909, 17% above it. The counties themselves spread $396,346 on median home price, so Portage County, OH sits at one end of an already wide local range rather than apart from it. Portage County, OH has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Portage County, OH | 161,954 | $251,635 #2/6 | $1,064 #2/6 | 70.1% #4/6 |
| Geauga County, OH | 95,481 | $473,893 | $1,083 | 87.2% |
| Summit County, OH | 537,091 | $119,164 | $1,026 | 67.5% |
| Stark County, OH | 373,683 | $132,462 | $909 | 69.2% |
| Mahoning County, OH | 226,483 | $97,785 | $790 | 70.3% |
| Trumbull County, OH | 200,835 | $77,547 | $796 | 71.3% |
Frequently Asked Questions
Common questions about the housing market in Portage County, Ohio.
What is the median home price in Portage County, Ohio?
The median home price in Portage County, Ohio is $251,635, higher than the Ohio average of $139,044.
What is the average home price in Portage County, Ohio?
The typical home price in Portage County, Ohio, reported as the median sale price, is $251,635. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Portage County, Ohio?
The median gross rent in Portage County, Ohio is $1,064 per month, higher than the Ohio average of $1,033.
What was the median gross rent in Portage County in 2020?
In 2020, the median gross rent in Portage County, Ohio was $869 per month.
What is the price-to-rent ratio in Portage County, Ohio?
The price-to-rent ratio in Portage County, Ohio is about 19.7, meaning it would take roughly 19.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Portage County.
Are home prices or rent rising faster in Portage County, Ohio?
Both home prices and rent are rising in Portage County, up about 15.7% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Portage County, Ohio?
64.2% of households in Portage County, Ohio own their home, higher than the Ohio average of 61.7%.
What is the vacancy rate in Portage County, Ohio?
The housing vacancy rate in Portage County, Ohio is 8.5%, higher than the Ohio average of 8.1%.
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