$2,400 Per Month
- 2 Beds
- 2 Baths
- 1,100 Sq Ft
- House for Rent
813 Eaton Hollow Rd SW, Lancaster, OH 43130
813 Eaton Hollow Rd SW, Lancaster, OH 43130
Frequently Asked Questions
How much does it cost to rent a single-family home in Lancaster, OH?
The median rent for a single-family home in Lancaster, OH is $1,600 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lancaster, OH?
To comfortably afford the median rent in Lancaster, OH, a household needs to earn roughly $51,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,287 per month in Lancaster, OH, renters typically need to show $3,861 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lancaster, OH?
In Lancaster, OH, the price-to-rent ratio is 15.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lancaster, OH are best for renting a single-family home?
The best neighborhood for renting in Lancaster, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include East Columbus-White Ash, Walnut Heights, Taylor Ridge, Harrison and Obetz-Lockbourne, each with its own character and price range.
