Market Summary

Elyria, Lorain County, OH

City Last updated April 8, 2026

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Median Home Price Price

$173,359 $173.4K

Median Monthly Rent Rent

$1,144 $1.1K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

Elyria, Lorain County, OH is a city market with a median home price of $173,359, a median monthly rent of $1,144, a GRM of 13.0x, and a price-to-rent ratio of 12.6.

Comparable Markets

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Similar Markets

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Similar markets within Lorain County

Region Price Rent GRM Display
$144,389 $1,095 11.0x

Home prices

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Monthly rent

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GRM

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Similar markets within OH outside of Lorain County

Region Price Rent GRM Display
$300,989 $1,237 20.0x
$188,654 $1,145 14.0x
$130,805 $1,181 9.0x
$140,510 $1,081 11.0x
$176,559 $914 16.0x
$112,858 $1,013 9.0x
$144,315 $1,091 11.0x
$146,372 $1,315 9.0x
$175,326 $1,122 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of OH

Region Price Rent GRM Display
$176,294 $1,170 13.0x
$284,670 $1,861 13.0x
$569,539 $3,578 13.0x
$224,240 $1,166 16.0x
$316,889 $1,171 23.0x
$310,568 $2,295 11.0x
$237,609 $1,201 16.0x
$270,187 $1,799 13.0x
$268,517 $1,133 20.0x
$305,000 $1,685 15.0x
$297,906 $1,292 19.0x
$349,596 $1,231 24.0x
$193,129 $1,512 11.0x
$278,394 $1,190 19.0x
$251,927 $1,517 14.0x
$223,905 $960 19.0x
$428,003 $1,185 30.0x
$274,150 $1,882 12.0x
$265,544 $1,174 19.0x
$231,229 $1,592 12.0x
$269,585 $1,391 16.0x
$123,607 $715 14.0x
$313,225 $1,233 21.0x
$294,944 $1,550 16.0x
$277,509 $1,443 16.0x
$258,706 $1,181 18.0x
$309,986 $2,307 11.0x
$667,974 $3,699 15.0x
$315,093 $1,179 22.0x
$236,157 $1,484 13.0x
$204,909 $1,278 13.0x
$327,686 $1,154 24.0x
$281,591 $1,150 20.0x
$175,406 $1,395 11.0x
$160,918 $955 14.0x
$239,986 $1,187 17.0x
$262,300 $1,455 15.0x

Home prices

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Monthly rent

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GRM

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Elyria

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Trend Insights

Median Rent in Elyria, OH is $1,144, with MoM change +$12 and YoY change +$92 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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Metric
Base market Elyria, OH
Compare market Select a market
Delta vs base
Median rent
$1,144
N/A
Median price
$173,359
N/A
YoY change
+$92
N/A
Price-to-rent
12.6x
Data unavailable
Frequently Asked Questions

What is the median home price in Elyria, Lorain County, OH?

TwinMarket currently shows a median home price of $173,359 for Elyria, Lorain County, OH.

What is the median rent in Elyria, Lorain County, OH?

The current TwinMarket market snapshot lists median monthly rent at $1,144 in Elyria, Lorain County, OH.

What is the GRM in Elyria, Lorain County, OH?

TwinMarket currently shows a GRM of 13.0x in Elyria, Lorain County, OH. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Elyria, Lorain County, OH?

Comparable markets currently surfaced on TwinMarket for Elyria, Lorain County, OH include Lorain, Lorain County, OH, Struthers, Mahoning County, OH, Howard, Knox County, OH. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Elyria, Lorain County, OH market page updated?

The market data shown on this page was last updated on April 8, 2026.