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
| Painesville Township | Lake County | Ohio | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.1% (±0.2 points) | 3.3% (±0.8 points) | 4.4% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.8 points) | 0.3% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 590 (±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
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Painesville Township | — | 0.1% (±0.2 points) | — |
| Perry | 3.0 mi | 0.0% (±38.1 points) | Not measurably different |
| North Perry | 4.1 mi | 0.0% (±69.5 points) | Not measurably different |
| Fairport Harbor | 4.4 mi | 0.0% (±6.1 points) | Not measurably different |
| Painesville | 5.0 mi | 1.2% (±1.2 points) | Not measurably different |
| Grand River | 5.2 mi | 1.8% (±5.2 points) | Not measurably different |
| Perry Township (Lake County) | 5.4 mi | 0.0% (±11.6 points) | Not measurably different |
| Madison | 7.4 mi | 0.0% (±27.2 points) | Not measurably different |
| Leroy Township | 7.7 mi | 0.0% (±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
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 6 | Willowick | 3.6% (±3.8 points) |
| 7 | Kirtland | 2.8% (±4.9 points) |
| 8 | Mentor-on-the-Lake | 2.0% (±3.2 points) |
| 9 | Eastlake | 1.9% (±3.1 points) |
| 10 | Grand River | 1.8% (±5.2 points) |
| 11 | Painesville | 1.2% (±1.2 points) |
| 12 | Painesville Township | 0.1% (±0.2 points) |
| 13 (tie) | Fairport Harbor | 0.0% (±6.1 points) |
| 13 (tie) | Lakeline | 0.0% (±77.3 points) |
| 13 (tie) | Madison | 0.0% (±27.2 points) |
| 13 (tie) | North Madison | 0.0% (±5.3 points) |
| 13 (tie) | North Perry | 0.0% (±69.5 points) |
| 13 (tie) | Perry | 0.0% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Painesville township, Lake County, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Painesville township, Lake County, Ohio
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.
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 .
Related
- Housing in Painesville Township at a glance
- Median rent in Painesville Township
- Rent by bedrooms in Painesville Township
- Rent burden in Painesville Township
- Renters and owners in Painesville Township
- Income and affordability in Painesville Township
- Home values in Painesville Township
- Homeowner costs in Painesville Township
- Property taxes in Painesville Township
- Types of homes in Painesville Township
- Bedrooms in Painesville Township
- Age of homes in Painesville Township
- Heating fuel in Painesville Township
- Commute and cars in Painesville Township
- Population growth in Painesville Township
- How long people stay in Painesville Township
- Crowding and facilities in Painesville Township
- Fair Market Rent in Painesville Township
- Ohio landlord and tenant rules
- Housing across Lake County
- Ohio places ranked by rental vacancy rate
- Housing data for every place in Ohio