Real Estate Investing in Erie County, Ohio

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

7 ZIP codes • Population: 78,232

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

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals β€” some positives, some negatives. Worth considering but not a slam-dunk.

πŸ“ˆ For Investors
MIXED
3.1 / 5 (49/100)

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

⚠️ Risks to Know
1 flag
  • High vacancy: 15.7% of homes vacant β€” above national norms.

What’s happening in Erie County, OH?

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3.1/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $289,794
Avg Monthly Rent $1,179
ZIP Codes 7

Investing in Erie County Real Estate

Erie County spans 7 ZIP codes across 7 cities in Ohio, with a population of 78,232. The county's underwhelming investment metrics reflect deeper structural challenges β€” worth studying before making commitments.

A 3.1 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Erie County sits firmly in that category.

The 0% renter share in Erie masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Erie County, OH. Anonymous, moderated, never written by AI.

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Avg Home Value
$289,794
Avg Monthly Rent
$1,179
1% Rule
βœ— Below
Landlord Friendly (OH)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Sandusky, OH metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
51%
Days Pending
0/2
0 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Erie County

5 Colleges 2,479 Students 1,446 Off-Campus Renters
C+
EHOVE Career Center
Vocational Public Β· 375 students
C
Sandusky Career Center
Vocational Public Β· 81 students
C
Firelands Regional Medical Center School of Nursing
2-Year Private Β· 71 students
C
Ohio Business College-Sandusky
2-Year For-Profit Β· 24 students
D
Bowling Green State University-Firelands
4-Year Public Β· 1,928 students
πŸ“ ~1,446 students rent off-campus

Investor Insight: With 1,446 students living off-campus, Erie County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Erie County

ZIP Codes in Erie County, OH

Screen every market in Erie County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Erie County

How do home values compare in, OH?

Median home price in, OH is near $290K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.

How quickly do rentals get leased in, OH?

, OH sees elevated vacancy, which is reasonable relative to the broader OH rental market.

What are rental rates like in, OH?

, OH rentals go for roughly $1,179/mo a month. That puts gross yield in solid territory relative to $290K acquisition costs.

How do landlord-tenant laws work in, OH?

The landlord environment in, OH is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.

Community Ratings

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