How much is a home worth in ZIP code 44055?

The typical home in 44055 is worth $128,301, based on the Zillow Home Value Index.

Are home values rising in 44055?

Home values in 44055 are up 3.9% over the past year, and up 7.5% a year over five years.

What is the typical rent in 44055?

A typical home in 44055 rents for about $1,174 a month, a gross rental yield of 11.0%.

What is the property tax rate in 44055?

The effective property tax rate in 44055 is 1.3% — roughly $1,648 a year on a typical home.

ZIP code 44055 has a population of 20,043 and a median household income of $40,636.

HousingHandbookReference data

…

U.S. ZIP Code · OH44055

Lorain County · Cleveland, OH

Typical home value

$128,301^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.9%
5-year / yr: +7.5%
10-year / yr: +9.3%

Relative price

vs U.S.: -54.8%
vs metro: -49.4%
vs state: -41.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 44055 is worth $128,301 — 49.4% below the Cleveland, OH median. Over the past year, values have risen 3.9%. Homes here rent for a typical $1,174 a month — a 11.0% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,174^[2]
Gross yield: 11.0%^[2]
Cap rate: 6.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.3%^[3]
Typical annual tax: $1,648^[3]

#Climate risk

FEMA National Risk Index ratings for Lorain County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Very Low
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 20,043^[3]
Median household income: $40,636^[3]

#Migration

Household moves in and out of Lorain County over a year, from IRS tax-return data.

Net migration: +547^[5]
Moved in: 6,861
Moved out: 6,314

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 6
Middle: 1
High: 0

Vincent Elementary School
Elementary · Grades K–4 · Clearview Local
479 students
Southview Middle School
Middle · Grades 6–8 · Lorain City
418 students
Palm Elementary School
Elementary · Grades PK–5 · Lorain City
298 students
Stevan Dohanos Elementary School
Elementary · Grades PK–5 · Lorain City
285 students
Helen Steiner Rice ES
Elementary · Grades PK–5 · Lorain City
284 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield11.0%

Net yield (after ~40% expenses)6.6%

Annual rent$14,083

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$649

Loan principal$102,641

Down payment$25,660

Total interest paid$130,913

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.76

Monthly cost to own$893

Monthly rent$1,174

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 95th percentile^[1]
Rental yield: 73rd percentile^[2]
Property tax: 36th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 44055?: The typical home in 44055 is worth $128,301, based on the Zillow Home Value Index.
Are home values rising in 44055?: Home values in 44055 are up 3.9% over the past year, and up 7.5% a year over five years.
What is the typical rent in 44055?: A typical home in 44055 rents for about $1,174 a month, a gross rental yield of 11.0%.
What is the property tax rate in 44055?: The effective property tax rate in 44055 is 1.3% — roughly $1,648 a year on a typical home.
Who lives in 44055?: ZIP code 44055 has a population of 20,043 and a median household income of $40,636.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

44102 vs 44055 →
Cleveland, OH
Typical home
$131,658
Gross yield
12.3%
44137 vs 44055 →
Maple Heights, OH
Typical home
$133,934
Gross yield
13.3%
44119
Cleveland, OH
Typical home
$134,600
Gross yield
11.5%
44120
Shaker Heights, OH
Typical home
$136,290
Gross yield
10.7%
44052
Lorain, OH
Typical home
$139,130
Gross yield
9.5%
44123
Euclid, OH
Typical home
$139,845
Gross yield
9.1%

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Pit ZIP 44055 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH44055

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