Lakewood, OH Community Information

Lakewood, OH Homes for Sale

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Edgewater (5)

Kamms Corners (1)

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Bedford (229)
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Lakewood, OH Community Information

Population

53,161

Median Age

34.7

Median Household Income

$50,798

Households with Children

45.03%

Median Travel Time to Work

24 minutes

Lakewood, OH Real Estate Market Information

Homes Owned

44.24%

Homes Rented

51.34%

Homes Vacant

4.43%

Lakewood, OH Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

7:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See Lakewood apartments for rent

Lakewood, OH School Information

Secondary Schools

St Edward High School | 13500 Detroit Ave
St Joseph Academy | 3430 Rocky River Dr
Magnificat High School | 20770 Hilliard Blvd

High Schools

Lakewood High School | 14100 Franklin Blvd
John Marshall High School | 3952 W 140th St
Life Skills Center Of Lake Erie | 9200 Madison Ave
Rocky River High School | 20951 Detroit Rd
Carl F Shuler | 13501 Terminal Ave

Other Schools

Lakewood City Academy | 13465 Franklin Blvd
Constellation Schools: Outreach Academy For Studen | 3727 Bosworth Rd
Orchard School | 7901 Halle Ave

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.