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Rental Insights for ZIP Code 44041 (Geneva, OH)

Housing Rentals in ZIP Code 44041 (Geneva, OH)

44041 ZIP Code in Ohio

Learn About Housing Rentals in the ZIP Code 44041

ZIP Code 44041 is primarily located in Geneva, OH in Ashtabula County. This Ohio region has an estimated median housing rent of $698 per month. About 33.5% of housing units in this Ashtabula County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 5.9%.

The median rent in ZIP Code 44041 of $698 per month is 14% lower than the aggregate Ohio median monthly rent of $808, and is 34% lower than the $1,062 the median monthly rent in the U.S. overall. About 65.2% of residents in ZIP Code 44041 pay between $500 and $999 per month for rent. That is 12% higher than in Ohio overall, in which 58.3% of total state residents pay between $500 and $999 per month for housing. Just 1.6% of renters in this Geneva, OH region pay between $1,500 and $1,999 per month for rent.

ZIP Code 44041 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 44041

See the chart below for a comparison of monthly rental costs in ZIP Code 44041, Ohio, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 44041 along with those in the state of Ohio and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 44041

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 44041 Ohio U.S.
Less than $500 18.6% 13.5% 9.4%
$500 to $999 65.2% 58.3% 36.2%
$1,000 to $1,499 14.6% 22.3% 30.0%
$1,500 to $1,999 1.6% 4.1% 14.0%
$2,000 to $2,499 0.0% 1.0% 5.6%
$2,500 to $2,999 0.0% 0.3% 2.4%
$3,000 or more 0.0% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 44041

Renters in ZIP Code 44041 use an estimated 30.98% of their income to cover their monthly rent payments. That is about 9% higher than in Ohio overall. The estimate for Ohio overall is 28.47% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 44041 renters use about 4% more of their income to cover rent expense. Household income figures for ZIP Code 44041 come in lower than in Ohio as a whole. The median annual household income in ZIP Code 44041 of $42,013 sits approximately 26% lower than the overall Ohio median income of $56,602 and approximately 33% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 44041

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 44041, Ohio, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 44041 along with the same calculations in the state of Ohio and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 44041

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 44041 Ohio U.S.
Less than 15.0 percent 6.5% 15.9% 13.1%
15.0 to 19.9 percent 16.3% 14.5% 12.9%
20.0 to 24.9 percent 12.8% 13.0% 12.9%
25.0 to 29.9 percent 11.6% 11.7% 11.6%
30.0 to 34.9 percent 9.9% 8.4% 9.1%
35.0 percent or more 42.8% 36.4% 40.5%

Household Income in ZIP Code 44041

See the table below for the regional comparison of annual household income in ZIP Code 44041.

Income ZIP 44041 Ohio U.S.
Less than $10,000 9.1% 6.8% 6.0%
$10,000 to $14,999 6.2% 4.6% 4.3%
$15,000 to $24,999 12.9% 9.9% 8.9%
$25,000 to $34,999 15.0% 9.8% 8.9%
$35,000 to $49,999 13.1% 13.4% 12.3%
$50,000 to $74,999 20.1% 18.3% 17.2%
$75,000 to $99,999 9.6% 13.0% 12.7%
$100,000 to $149,999 8.8% 14.1% 15.1%
$150,000 to $199,999 2.3% 5.3% 6.8%
$200,000 or more 2.9% 4.9% 7.7%

Household Income in ZIP Code 44041

See the chart below for a comparison of annual household income figures in ZIP Code 44041, Ohio, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 44041 alongside the same figures for the state of Ohio and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 44041

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 44041.

ZIP 44041 Ohio U.S.
Median Housing Rent $698 $808 $1,062
Renter-Occupied Housing Units 33.5% 33.9% 36.0%
Rental Vacancy Rate 5.9% 5.3% 6.0%
Average Size of Renter-Occupied Unit 2.11 2.23 2.49
Average # of Bedrooms Per Unit 2.56 2.78 2.75
Percent of Income Spent on Rent 30.98% 28.47% 29.83%
Per Capita Income $26,950 $31,552 $34,103
Median Household Income $61,855 $76,958 $88,607
Living Below the Poverty Line 10.3% 9.9% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 44041

In ZIP Code 44041 (Geneva, OH), and estimated 33.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 5.9%.

The per capita income in 44041 is estimated at $26,950, which goes along with an estimated median household income of $61,855. About 10.3% of residents in this Ashtabula County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.11 occupants, while the units have an aggregate average size of 2.56 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.98% of their income on housing rental costs.

Rental FAQs for ZIP Code 44041

1

What is the median monthly rent in ZIP Code 44041?

Median rent for housing in ZIP Code 44041 in Ashtabula County in Ohio is approximately $698 per month.
2

Is it expensive to rent in ZIP Code 44041?

Rent in ZIP Code 44041 is lower than average in the state of Ohio overall. The median monthly rent of $698 in ZIP Code 44041 is approximately 14% lower than the Ohio median of $808. Additionally, median rent in this Geneva, OH region ($698) is about 34% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 44041?

High-priced rentals are not common in the Geneva, OH ZIP Code of 44041, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Ohio overall, approximately 0.4% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 44041?

Affordable rentals are more common in ZIP Code 44041 than in Ohio overall. The percentage of housing rentals in ZIP Code 44041 costing $999 or less per month (83.8%) is approximately 17% higher than the Ohio rate of 71.8% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 84% lower than the previously mentioned 44041 rate of 83.8%.
5

What is the most common cost range that rentals fall into in ZIP Code 44041?

The most common range for rental cost in ZIP Code 44041 is between $500 and $999 per month. About 65.2% of renters in 44041 pay in this range for monthly rent. In comparison, approximately 58.3% of renters in the state of Ohio fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 44041 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 44041 is higher than the rental vacancy rate in the state of Ohio overall. Rental vacancy of 5.9% in ZIP Code 44041 is about 11% higher than the Ohio rate of 5.3%. Looking more broadly, rental vacancy in this Geneva, OH region (5.9%) is an estimated 2% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 44041? How does it compare to other Ohio regions?

Median household income in ZIP Code 44041 is lower than in the state of Ohio overall. Annual household income of $42,013 in ZIP Code 44041 is about 26% lower than the Ohio median of $56,602. Additionally, median household income in this Geneva, OH region ($42,013) is approximately 33% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 44041 spend on housing costs?

Renters in ZIP Code 44041 spend a higher amount of their income on rent costs than do renters in Ohio overall. Renters in ZIP Code 44041 spend an estimated 30.98% of their income on rent payments, which is about 9% higher than the overall Ohio estimated rate of 28.47%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 4% lower than the ZIP Code 44041 estimated rate of 30.98%.
9

Do renters in ZIP Code 44041 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 44041 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 44041 spending 30 percent or more of their income on rent costs (52.7%) is approximately 18% higher than the Ohio rate of 44.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 6% lower than the aforementioned 44041 rate of 52.7%.
10

What is the average household size of renter-occupied units in ZIP Code 44041?

The average household size of renter-occupied units in ZIP Code 44041 is lower than in the state of Ohio overall. Annual household size of 2.11 in ZIP Code 44041 is about 5% lower than the Ohio median of 2.23. Additionally, median household size in this Geneva, OH region (2.11) is approximately 15% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Ohio ZIP Codes