Cost of Living in Painesville, Ohio
Painesville has a population of about 20,548. The median household income is $51,516, median gross rent is $1,036/month, and the median home value is $158,800. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Painesville expensive to live in?
Compared with the national median in this dataset, rent in Painesville is 37% below the national median and home values are 58% below the national median. Household income here is 39% below the national median. Monthly rent represents roughly 24% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Painesville?
The median gross rent in Painesville, Ohio is $1,036 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Painesville?
The median owner-occupied home value in Painesville is $158,800 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Painesville?
The median household income in Painesville is $51,516 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.