What is the rental vacancy rate in Sheffield Lake, OH?
The rental vacancy rate in Sheffield Lake, OH is 9.7% (±8.2 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±1.2 points).
282 (±146) homes, 6.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Sheffield Lake, the rental vacancy rate went from 1.1% in 2015–2019 to 9.7% in 2020–2024 (+8.6 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 9.7% (±8.2 points)
- Homeowner vacancy rate
- 0.0% (±1.2 points)
- Vacant homes
- 282 (±146)
Vacancy in Sheffield Lake against Lorain County, its state and the nation
| Sheffield Lake | Lorain County | Ohio | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 9.7% (±8.2 points) | 7.5% (±1.4 points) | 4.4% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±1.2 points) | 0.7% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 282 (±146) | 9,004 (±755) | 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 Sheffield Lake, the rental vacancy rate is not measurably different from Lorain County (7.5%).
It is not measurably different from Ohio (4.4%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Sheffield Lake
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Sheffield Lake | — | 9.7% (±8.2 points) | — |
| Sheffield | 2.2 mi | 5.2% (±8.1 points) | Not measurably different |
| Avon Lake | 4.3 mi | 4.0% (±3.9 points) | Not measurably different |
| Sheffield Township (Lorain County) | 5.3 mi | 5.4% (±5.8 points) | Not measurably different |
| Lorain | 5.4 mi | 7.5% (±2.0 points) | Not measurably different |
| Avon | 5.7 mi | 6.3% (±6.3 points) | Not measurably different |
| Elyria Township | 6.7 mi | 0.0% (±13.7 points) | Not measurably different |
| Elyria | 8.0 mi | 10.3% (±2.8 points) | Not measurably different |
| North Ridgeville | 8.1 mi | 0.0% (±2.6 points) | Lower |
Nearby places with a measurably lower figure: North Ridgeville, OH (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Lorain County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Grafton Township | 18.6% (±28.0 points) |
| 2 | Carlisle Township | 13.6% (±15.6 points) |
| 3 | Elyria | 10.3% (±2.8 points) |
| 4 | Grafton | 10.0% (±15.6 points) |
| 5 | Sheffield Lake | 9.7% (±8.2 points) |
| 6 | Oberlin | 9.6% (±6.7 points) |
| 7 | LaGrange | 9.5% (±13.1 points) |
| 8 | Lorain | 7.5% (±2.0 points) |
| 9 | Brownhelm Township | 6.5% (±9.6 points) |
| 10 | Avon | 6.3% (±6.3 points) |
| 11 | LaGrange Township | 6.1% (±8.7 points) |
Showing 11 of 33 places in Lorain 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.
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Questions about Sheffield Lake
Is it hard to find a rental in Sheffield Lake?
The rental vacancy rate in Sheffield Lake, OH is 9.7% (±8.2 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 Sheffield Lake tighter than it was?
In Sheffield Lake, the rental vacancy rate went from 1.1% in 2015–2019 to 9.7% in 2020–2024 (+8.6 percentage points), a measurable increase.
How many homes are vacant in Sheffield Lake?
An estimated 282 (±146) housing units, 6.0% 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 — Sheffield Lake city, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Sheffield Lake city, 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 Sheffield Lake city, Ohio (place:72088, in state:39).
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
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- Population growth in Sheffield Lake
- How long people stay in Sheffield Lake
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- Ohio landlord and tenant rules
- Housing across Lorain County
- Ohio places ranked by rental vacancy rate
- Housing data for every place in Ohio