Real Estate Investing in Lagrange, Ohio

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1 ZIP codes • Population: 7,204 • Lorain County

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Should you buy in Lagrange, OH? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Lagrange, OH?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $308,438
Avg Monthly Rent $1,233
ZIP Codes 1

Investing in Lagrange Real Estate

With a sizable population across 1 ZIPs, Lagrange shows the kind of tepid fundamentals that keep most out-of-state capital on the sidelines.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Lagrange is in that category.

Rents in Lagrange at $1,233/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Demographics in Lagrange show real pressure — median income of $N/AK is modest relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Cleveland-Elyria, OH

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Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

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Avg Home Value
$308,438
Avg Monthly Rent
$1,233
1% Rule
✗ Below
Landlord Friendly (OH)

ZIP Codes in Lagrange, OH

Screen every ZIP in Lagrange

Filter Lagrange’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Lagrange, OH

What kind of market is Lagrange, OH for investors?

Lagrange, OH rates 3.0/5 for investability. With median values at $308K and rents near $1,233/mo, the market offers reasonable fundamentals for rental investors.

How much rent can I charge in Lagrange, OH?

Rental rates in Lagrange, OH average $1,233/mo. Tenant demand and $308K home values make the yield look reasonable by investor standards.

What are vacancy rates like in Lagrange, OH?

Lagrange, OH carries elevated vacancy risk. Expect predictable absorption at market rents of $1,233/mo.

Does house hacking make sense in Lagrange, OH?

For house hackers, Lagrange, OH is a challenging. The $1,233/mo rent on a unit helps defray the mortgage on a $308K property.

What is the renter demographic in Lagrange, OH?

Tenant demand in Lagrange, OH is solid. The local workforce $1,233/mo rents across most rental classes.

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