Portage County, Ohio Housing Market

In Portage County, Ohio, the median home value is $227,000, with a median monthly rent of $1,064. This places Portage County at #1110 nationally out of 3134 counties by median home value, and #19 within Ohio.

Median Home Value $227,000
Median Rent $1,064/mo
Owner Occupancy 70.1%
Price/Rent Ratio 17.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Portage County rose +4.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

46,406
jobs (private sector)
  • Avg weekly wage: $1,151
  • Establishments: 3,571
  • BLS QCEW, 2025
🏗️

Housing Supply

205
new units authorized (2025)
  • Single-family: 185
  • Multi-family: 20
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2509
net migration (filers, 2021-2022)
  • Inflow: 67,580 (avg $78,763)
  • Outflow: 65,071 (avg $78,719)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Portage County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 44201 186.8 -7.73% 2025
2 44255 193.8 +11.15% 2025
3 44288 180.6 +7.61% 2025
4 44272 188.2 +3.31% 2025
5 44260 193.7 +3.40% 2025
6 44241 193.4 +7.85% 2025
7 44240 191.5 +5.17% 2025
8 44632 197.5 +6.41% 2025
9 44266 173.2 +2.78% 2025
10 44312 176.3 +0.41% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Portage County Compares

MetricPortage CountyOhio AverageU.S. Average
Median Home Value $227,000 $196,325 $227,706
Median Gross Rent $1,064 $904 $968
Owner Occupancy Rate 70.1% 73.7% 73.3%
Price/Rent Ratio 17.8 17.9 18.7

Market Analysis

The median home value in Portage County is 15.6% above the Ohio state average and about equal to the U.S. national average. The median rent of $1,064/month is 17.7% above the state average.

With a price-to-rent ratio of 17.8, the buy-vs-rent decision in Portage County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Portage County has an owner-occupancy rate of 70.1%, compared to 73.7% in Ohio and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Brewster County Texas $227,000 $839
McLean County North Dakota $227,100 $784
Walker County Texas $226,900 $1,031
Bossier Parish Louisiana $227,200 $1,174
Clinton County Missouri $226,800 $1,008

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Wood County $227,600 $972 64.4%
Miami County $229,100 $966 73.4%
Lorain County $223,200 $966 74.0%
Morrow County $222,300 $937 81.2%
Wayne County $222,100 $881 76.6%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).