DSCR Loans in Lakewood, Ohio

Lakewood is a city in Cuyahoga County, Ohio. Here's what a DSCR lender's math looks like on a rental property here.

Dense, walkable Cleveland-metro inner-ring suburb on Lake Erie with a high renter share.

Lakewood at a glance

County: Cuyahoga County
Population: 50,942 (2020 Census)
Type: City

Home values and rent in Lakewood

Countywide, Cuyahoga County's median home value is $195,400 (ACS 2020-2024 5yr) — a Lakewood-specific figure isn't independently published, so this reflects the whole county, not Lakewood alone. Countywide, Cuyahoga County's median gross rent is $1,060/mo (ACS 2020-2024 5yr) — again, a county figure standing in for a Lakewood number we don't have.

The county tax-drag math applies here

Lakewood sits in Cuyahoga County, where the effective property tax rate is 1.80% — above Ohio's 1.36% statewide average. The full worked PITIA and DSCR example, built on a property at the county's median value, is on the Cuyahoga County page — here's the tax line specifically for a property at Lakewood's own numbers:

Property value used: $195,400 (countywide)
Cuyahoga County effective tax rate: 1.80%
Estimated monthly property tax: $293

That estimate uses an observed Ohio DSCR average of 7.20% (Q2 2026)¹ elsewhere in the full county example — this is a market observation, not an offer; your rate depends on your DSCR, credit, LTV and loan purpose, and is set by the lender, not by us.

Get your Lakewood DSCR quote

The figures above are city or county medians — your specific Lakewood property will land somewhere else on the DSCR math. See where.

Compare DSCR quotes for a Lakewood property →

Sources for this page

Wikipedia, "List of municipalities in Ohio" (population, 2020 Census) — https://en.wikipedia.org/wiki/List_of_municipalities_in_Ohio
CostByCounty, "Cost of Living in Ohio by County" (Cuyahoga County median home value, county-fallback) — https://costbycounty.com/ohio
Private Lender Link (Ohio DSCR rate average, Q2 2026) — https://privatelenderlink.com/region/usa/ohio/residential-long-term-rental-ohio-usa/

Last updated 2026-08-25. Figures are refreshed periodically from the sources above, each with its own as-of date.