Explore Lima
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Why Live in Lima



Lima's cultural scene centers around the Veterans Memorial Civic and Convention Center, which hosts diverse performances throughout the year. Art lovers frequent ArtSpace/Lima for rotating exhibitions, while history buffs explore the Allen County Museum's extensive local collections. The city's outdoor spaces include Ottawa Metro Park with its tranquil lakes and walking trails, plus Schoonover Park featuring a public pool and playground. The Johnny Appleseed Metropolitan Park District maintains several recreational areas, including the Lippincott Bird Sanctuary for nature observation. Local dining ranges from upscale American cuisine at The Met in the historic Metropolitan Block to authentic Mexican fare at El Cazador.
The Lima housing market presents affordable options across multiple neighborhoods. Single family homes make up the primary housing stock, with a median price of $180,000 citywide. The Lakewood West neighborhood commands the highest median single family home price at $180,000, while Fifth Ward presents more affordable options with a median of $43,300. Condominiums provide additional choices, with one bedroom units at a median price of $70,000 and two bedroom units at $152,000.
The cost of living in Lima sits 7.6% below the national average. A family with school age children needs approximately $98,000 annually to live comfortably, while renters require about $51,000. Property taxes in Allen County stand at 1.13%, comparing favorably to nearby Findlay at 1% and Wapakoneta at 0.96%. The local income tax rate is 1.50%. Education options include the A rated Maplewood Elementary School and Lima Central Catholic High School, rated B plus. The Ohio State University Lima Campus serves higher education needs. The Allen County Regional Transit Authority provides public transportation throughout the region.
Home Trends in Lima, OH
On average, homes in Lima, OH sell after 31 days on the market compared to the national average of 52 days. The median sale price for homes in Lima, OH over the last 12 months is $170,000, up 10% from the median home sale price over the previous 12 months.
Housing Trends
Popular Home Searches in Lima, OH
Lima’s historic homes and affordable market draw buyers seeking value and classic charm across a range of neighborhoods.
- Love older homes? Explore Victorian homes or historic homes in central Lima.
- Looking for affordability? Check out fixer-uppers or duplexes with income potential.
- Want extra room? Browse listings with basements or home gyms for added space.
- Need a garage? Search for homes with garages or large yards for storage or recreation.
- Prefer a modern touch? Look into mid-century modern homes or homes with hardwood floors.