The median home in Elyria, Ohio is valued at $177,004, up 3.2% year over year. Typical monthly rent is $1,018, producing a price-to-rent ratio of 14.5x — below the national average of 18x. Elyria is part of the Cleveland-Elyria, OH metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Cleveland-Elyria, OH stress score, crash risk, and 12-month forecast →

Home Value$177,004

+3.2%

Rent$1,018/mo

AFFORDABILITY

Enter your income for Elyria.

Income (annual)

Down Payment

$35,401 on $177,004

Affordable — 19.6% of income

Under the 28% guideline.

PITI$1,225

P/I19.6%

Afford$253K

Room+$76K

P&I $895Tax $230Ins $100

Renting $207/mo cheaper ($1,018 rent)6.50% 30yr, 20% down, county tax + OH ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Ohio

Compare Elyria with other housing markets across Ohio.

Hunting Valley$1601K The Village of Indian Hill$1575K Bentleyville$820K Waite Hill$748K Kirtland Hills$741K Gates Mills$734K Marble Cliff$731K Terrace Park$726K

Full Cleveland-Elyria, OH analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Cleveland-Elyria, OH metro.

View Cleveland-Elyria, OH metro →

ELYRIA, OH