Lucas County

Ohio ยท Pop. 431,279

Ranked #1 of 200 counties

64Moderate

Median Home Price

๐Ÿ 

$160K

3.0% YoY

Median Rent

๐Ÿ”‘

$950

Median Income

๐Ÿ’ฐ

$46K

Rent Burden

๐Ÿ“Š

29.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

5,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

1,500

Price-to-Income Ratio

โš–๏ธ

3.5x

Homeownership Rate

๐Ÿก

58.5%

How Lucas County Compares

MetricLucas CountyOhioNational
Home Price$160K$220K$410K
Rent$950$1,014$1,500
Income$46K$68K$75K
Rent Burden29.0%29.5%30.0%
Homeownership58.5%67.0%65.0%

Key Takeaways

  • โ€ข Home prices are 61% below the national average.
  • โ€ข Rent is 37% below the national average.
  • โ€ข The county has an estimated housing shortage of 5,000 units.
  • โ€ข 1,500 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.0%.