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Rent in Painesville, OH

A 2-bedroom in Painesville, OH (ZIP 44077) typically rents for about $1,142 a month, with a range of $1,054–$1,230. Owner-occupied homes in Lake County pay about 1.62% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Painesville, OH by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$890$890–$9241
1 bed$920$830–$1,0101
2 beds$1,142$1,054–$1,2301
3 beds$1,443$1,315–$1,5701
4 beds$1,431$1,172–$1,6901

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Painesville ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Painesville, OH?
About $1,142 a month: the median of the typical rents in 1 ZIP code, which range from $1,054–$1,230. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Painesville, OH?
About $920 a month: the median of the typical rents in 1 ZIP code, which range from $830–$1,010. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Painesville, OH?
About $1,443 a month: the median of the typical rents in 1 ZIP code, which range from $1,315–$1,570. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Painesville, OH?
About $890 a month: the median of the typical rents in 1 ZIP code, which range from $890–$924. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Painesville, OH?
About $1,431 a month: the median of the typical rents in 1 ZIP code, which range from $1,172–$1,690. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Painesville, OH?
Owner-occupied homes in Lake County pay a typical 1.62% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Painesville rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).