States › Ohio › Painesville

Is Painesville, OH expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,19732% lower than U.S. average
💵 Families earn per year (2026)$55,560about $4,630/month · 36% lower than U.S. average
🔑 House price$158,80052% lower than U.S. average

Rent is lower than in 76% 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 $47,880 a year. That is $23 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 120 of 288 cities from cheapest to most expensive.

Painesville
$1,197
Parma Heights
$1,569
Sidney
$1,219
Piqua
$1,351
Forest Park
$1,775
Mayfield Heights
$1,326
Whitehall
$1,314

How much do households earn in Painesville?

Under $25k
23.4%
$25k–50k
26.0%
$50k–100k
28.5%
$100k–150k
10.9%
$150k+
5.7%

Share of households by yearly income. 16.6% of households earn $100,000 or more.

Rent by apartment size in Painesville

SizePainesvilleU.S. average
1 bedroom$909$1,324
2 bedrooms$1,153$1,509
3 bedrooms$1,437$1,698
4 bedrooms$1,193$2,098

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

How expensive is Painesville 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 Painesville, so the Ohio figure is shown.

Taxes and bills in Painesville

🏛️ Property tax$2,458a year · 1.55% of home value · U.S. $3,119
⚡ Electric bill$138a month (typical) · U.S. $156

Life in Painesville

Commute to work20.1 minU.S.: 26.4 min
College degree22.7%U.S.: 35.7%
Own their home51.1%U.S.: 65.2%
Below poverty line25.6%U.S.: 12.5%
Unemployment6.5%U.S.: 5.2%

Is it cheaper to rent or buy in Painesville?

Buying is cheaper month to month: about $95 a month less than renting.

Renting
$1,197
Owning
$1,102

Owning assumes a typical $158,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,880 for the down payment.

Frequently asked questions

What is the average rent in Painesville, OH?

Renting in Painesville costs a median of about $1,197 a month in 2026, including utilities. The Ohio median is $1,261.

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

To keep rent under 30% of income, you need about $47,880 a year, or $23 an hour at a full-time job.

Is Painesville cheap or expensive?

Painesville is rated OK: rent takes 25.9% of the typical household income of $55,560. It ranks 120th cheapest of 288 Ohio cities we track.

How much are property taxes in Painesville?

The median homeowner in Painesville pays $2,458 a year in property taxes, about 1.55% of the median home value.

Is Painesville 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 Painesville?

The median home value in Painesville is $158,800, about 2.9 times the typical yearly household income.

20,548 people live in Painesville. Numbers are typical (middle) values.