States › Ohio › Eastlake

Is Eastlake, OH expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$98644% lower than U.S. average
💵 Families earn per year (2026)$66,945about $5,579/month · 23% lower than U.S. average
🔑 House price$172,10048% lower than U.S. average

Rent is lower than in 89% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $39,440 a year. That is $19 an hour at a full-time job.

Is rent cheaper than other Ohio cities?

Yes. Rent here is cheaper than in most of Ohio. It is number 47 of 288 cities from cheapest to most expensive.

Eastlake
$986
New Philadelphia
$936
Aurora
$3,500+
Streetsboro
$1,910
Defiance
$926
North Canton
$1,319
Portsmouth
$519

How much do households earn in Eastlake?

Under $25k
14.7%
$25k–50k
30.2%
$50k–100k
32.8%
$100k–150k
13.6%
$150k+
5.5%

Share of households by yearly income. 19.2% of households earn $100,000 or more.

Rent by apartment size in Eastlake

SizeEastlakeU.S. average
Studio$952$1,338
1 bedroom$980$1,324
2 bedrooms$1,151$1,509
3 bedrooms$1,712$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Eastlake overall?

Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).

Housing
73
Goods (food, clothes…)
94
Utilities
96
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Eastlake, so the Ohio figure is shown.

Taxes and bills in Eastlake

🏛️ Property tax$2,852a year · 1.66% of home value · U.S. $3,119
⚡ Electric bill$93a month (typical) · U.S. $156

Life in Eastlake

Commute to work23.8 minU.S.: 26.4 min
College degree21.7%U.S.: 35.7%
Own their home74.4%U.S.: 65.2%
Below poverty line8.4%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Eastlake?

Renting is cheaper right now: about $208 a month less.

Renting
$986
Owning
$1,194

Owning assumes a typical $172,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,210 for the down payment.

Frequently asked questions

What is the average rent in Eastlake, OH?

Renting in Eastlake costs a median of about $986 a month in 2026, including utilities. The Ohio median is $1,261.

How much do I need to make to live in Eastlake?

To keep rent under 30% of income, you need about $39,440 a year, or $19 an hour at a full-time job.

Is Eastlake cheap or expensive?

Eastlake is rated Cheap: rent takes 17.7% of the typical household income of $66,945. It ranks 47th cheapest of 288 Ohio cities we track.

How much are property taxes in Eastlake?

The median homeowner in Eastlake pays $2,852 a year in property taxes, about 1.66% of the median home value.

Is Eastlake more expensive than the national average?

Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Eastlake?

The median home value in Eastlake is $172,100, about 2.6 times the typical yearly household income.

17,493 people live in Eastlake. Numbers are typical (middle) values.