What is the rental vacancy rate in Painesville Township, OH?

The rental vacancy rate in Painesville Township, OH is 0.1% (±0.2 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.5% (±0.8 points).

590 (±249) homes, 6.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Painesville Township, the rental vacancy rate went from 5.4% in 2015–2019 to 0.1% in 2020–2024 (−5.3 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
0.1% (±0.2 points)
Homeowner vacancy rate
0.5% (±0.8 points)
Vacant homes
590 (±249)

Vacancy in Painesville Township against Lake County, its state and the nation

Estimate (90% margin of error)
Painesville TownshipLake CountyOhioUnited States
Rental vacancy rate0.1% (±0.2 points)3.3% (±0.8 points)4.4% (±0.2 points)5.5%
Homeowner vacancy rate0.5% (±0.8 points)0.3% (±0.2 points)0.8% (±0.1 points)0.9%
Vacant housing units590 (±249)5,187 (±656)429,200 (±8,629)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Painesville Township, the rental vacancy rate is lower than in Lake County (3.3%).

It is also lower than in Ohio (4.4%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Painesville Township

Nearest places with a published estimate, compared with Painesville Township
PlaceDistanceRental vacancy rateCompared with this place
Painesville Township—0.1% (±0.2 points)—
Perry3.0 mi0.0% (±38.1 points)Not measurably different
North Perry4.1 mi0.0% (±69.5 points)Not measurably different
Fairport Harbor4.4 mi0.0% (±6.1 points)Not measurably different
Painesville5.0 mi1.2% (±1.2 points)Not measurably different
Grand River5.2 mi1.8% (±5.2 points)Not measurably different
Perry Township (Lake County)5.4 mi0.0% (±11.6 points)Not measurably different
Madison7.4 mi0.0% (±27.2 points)Not measurably different
Leroy Township7.7 mi0.0% (±43.0 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Lake County, place by place

RankPlaceRental vacancy rate
6Willowick3.6% (±3.8 points)
7Kirtland2.8% (±4.9 points)
8Mentor-on-the-Lake2.0% (±3.2 points)
9Eastlake1.9% (±3.1 points)
10Grand River1.8% (±5.2 points)
11Painesville1.2% (±1.2 points)
12Painesville Township0.1% (±0.2 points)
13 (tie)Fairport Harbor0.0% (±6.1 points)
13 (tie)Lakeline0.0% (±77.3 points)
13 (tie)Madison0.0% (±27.2 points)
13 (tie)North Madison0.0% (±5.3 points)
13 (tie)North Perry0.0% (±69.5 points)
13 (tie)Perry0.0% (±38.1 points)

Showing 13 of 24 places in Lake County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Painesville Township

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Questions about Painesville Township

Is it hard to find a rental in Painesville Township?

The rental vacancy rate in Painesville Township, OH is 0.1% (±0.2 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Painesville Township tighter than it was?

In Painesville Township, the rental vacancy rate went from 5.4% in 2015–2019 to 0.1% in 2020–2024 (−5.3 percentage points), a measurable decrease.

How many homes are vacant in Painesville Township?

An estimated 590 (±249) housing units, 6.3% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Painesville township, Lake County, Ohio (county subdivision:59430, in state:39 county:085).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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