salaryRent is lower than in 81% 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 $44,800 a year. That is $22 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 94 of 288 cities from cheapest to most expensive.
How much do households earn in Elyria?
Share of households by yearly income. 14.3% of households earn $100,000 or more.
Rent by apartment size in Elyria
| Size | Elyria | U.S. average |
|---|---|---|
| Studio | $734 | $1,338 |
| 1 bedroom | $754 | $1,324 |
| 2 bedrooms | $1,072 | $1,509 |
| 3 bedrooms | $1,190 | $1,698 |
| 4 bedrooms | $1,341 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Elyria overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Elyria, so the Ohio figure is shown.
Taxes and bills in Elyria
Life in Elyria
Is it cheaper to rent or buy in Elyria?
About the same. Renting and owning cost within $37 of each other each month.
Owning assumes a typical $156,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,610 for the down payment.
Frequently asked questions
What is the average rent in Elyria, OH?
Renting in Elyria costs a median of about $1,120 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Elyria?
To keep rent under 30% of income, you need about $44,800 a year, or $22 an hour at a full-time job.
Is Elyria cheap or expensive?
Elyria is rated OK: rent takes 22.7% of the typical household income of $59,258. It ranks 94th cheapest of 288 Ohio cities we track.
How much are property taxes in Elyria?
The median homeowner in Elyria pays $2,127 a year in property taxes, about 1.36% of the median home value.
Is Elyria 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 Elyria?
The median home value in Elyria is $156,100, about 2.6 times the typical yearly household income.
53,035 people live in Elyria. Numbers are typical (middle) values.