Real Estate Investing in Lagrange, Ohio (44050)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44050 (Lagrange, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lagrange, OH (44050)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44050 Lagrange
ZIP 44050 in Lagrange, OH carries a resilient set of headwinds. Home values near $308K and rents of $1,233/mo sit inside a market where underwriting has to be tight.
Rent of $1,233/mo on a $308K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 44050 sits below the stated 0.0% once reality is priced in.
The gap between 44050 and stronger Lagrange ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 44050 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. solid returns are possible in 44050, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Lagrange:
Property Strategy for 44050
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $190,906 | $1,370 | 5.2% | +6.4% | $95,453 |
| 3BR | $279,859 | $1,760 | 4.5% | +7.6% | $93,286 |
| 4BR | $380,293 | $1,880 | 3.6% | +7.4% | $95,073 |
Market Trends
Home Value History (with trend line)
📊 How Does 44050 Compare?
| Metric | 44050 | Lagrange | Cleveland-Elyria, OH | Ohio |
|---|---|---|---|---|
| Home Value | $308,438 | $308,438 | N/A | $237,530 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.4% |
| Avg Rent | $1,233 | $1,233 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44050 (Lagrange, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 44050 (Lagrange, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $308,438 |
| Monthly Rent | $1,233 |
| Price-to-Rent | 20.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 44050
Population: 7,204
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 44050
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,672 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How deep is the rental pool in Lagrange, OH?
Expect a solid tenant pool in Lagrange, OH. The rental market absorbs $1,233/mo rents without meaningful friction.
Is Lagrange, OH a good market for buy-and-hold investors?
Our data puts Lagrange, OH at 3.0/5 for investability. Home prices of $308K and rents around $1,233/mo create a solid backdrop for investor activity.
What price range are homes in Lagrange, OH?
Median home price in Lagrange, OH is near $308K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
What is the rental occupancy rate in Lagrange, OH?
Lagrange, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Can I house hack in Lagrange, OH?
Lagrange, OH is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $308K price point reasonable to enter.
You know 44050 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44050 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 44050 ranks in Cleveland-Elyria, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 44050 (Lagrange)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 44050 (Lagrange, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.