1. Home
  2. Ohio
  3. Cleveland
  4. Renter Market Trends

Rental market trends in Cleveland, OH

Please reach out to press@rent.com for any media inquiries regarding this data.

Average Rent in Cleveland, OH

Average Rent in Cleveland, OH

Avg. RentAnnual Change
Studio - $1,019+6%
1 Bed - $1,505+5%
2 Beds - $2,050+4%
Last updated 3/4/2024

Average Apartment Cost in Cleveland, OH

The average rent for apartments in Cleveland, OH, is between $1,019 and $2,050 in 2024. For a studio apartment in Cleveland, OH, the average rent is $1,019. When it comes to 1-bedroom apartments, the average rent in Cleveland, OH, is $1,505. For a 2-bedroom apartment, the average rent is $2,050.

Apartment Rent Ranges in Cleveland, OH

Apartment PricesProportion
6%
39%
34%
11%
11%

Neighborhood Apartment Rent Trends in Cleveland, OH

NeighborhoodStudio Avg RentAnnual Change
Ohio City$1,538+49%
University Circle$1,400--
Hough$1,240-23%
Riverside$1,079-22%
Campus District$1,030--
CSU - Euclid Corridor$1,030--
Downtown$1,015+5%
Warehouse District$1,005+5%
Gateway District$9950%
Tremont$924--
Playhouse Square$891+2%
West Boulevard$825--
West Park$750+7%
Kamm's Corners$750+7%
Detroit - Shoreway$735--
Gordon Square Arts District$735--
MidTown$695-35%
St. Clair - Superior$500--
Neighborhood1 Bed Avg RentAnnual Change
Ohio City$2,000+22%
Gordon Square Arts District$1,921--
Euclid - Green$1,790+12%
Hough$1,760+24%
Gateway District$1,717+26%
Warehouse District$1,575+1%
University Circle$1,555+7%
Downtown$1,537+5%
Tower City District$1,426+7%
The Flats$1,330-9%
CSU - Euclid Corridor$1,312+19%
Campus District$1,295+18%
West Park$1,235+22%
Kamm's Corners$1,235+22%
Playhouse Square$1,096+3%
Tremont$1,069+17%
MidTown$1,025-19%
Little Italy$975+15%
Buckeye - Shaker$950+29%
Fairhill Village$950--
Detroit - Shoreway$900--
West Boulevard$795--
Shaker Square$775--
Old Brooklyn$7700%
Mount Pleasant$750--
Lee - Miles$750--
Cudell$575--
Woodland Hills$5520%
Neighborhood2 Beds Avg RentAnnual Change
Gateway District$2,703+20%
Ohio City$2,646+32%
University Circle$2,565+5%
Tower City District$2,296+27%
Warehouse District$2,212+3%
Hough$2,1880%
Downtown$2,175+4%
Euclid - Green$1,992+15%
Tremont$1,813-2%
The Flats$1,749+1%
CSU - Euclid Corridor$1,675+14%
West Park$1,500+22%
Kamm's Corners$1,500+22%
Playhouse Square$1,4900%
MidTown$1,250-45%
Detroit - Shoreway$1,200-29%
Gordon Square Arts District$1,200--
Buckeye - Shaker$1,150+16%
Fairhill Village$1,150+2%
Clark - Fulton$1,100--
West Boulevard$1,100--
Glenville$1,100--
Jefferson$1,075+13%
Old Brooklyn$1,050--
Campus District$1,050-25%
Little Italy$1,000--
St. Clair - Superior$925--
Forest Hills$895--
Broadway Slavic Village$875+25%
North Broadway$875--
Mount Pleasant$850--
Lee - Miles$850--
Hyacinth$800--
South Collinwood$750--
Cudell$745--
South Broadway$700--
Woodland Hills$6500%

How Other Cities Compare to Cleveland, OH

CityStudio Avg RentAnnual Change
Rocky River$1,566--
Mentor$1,553+7%
North Olmsted$1,526+17%
Beachwood$1,349-4%
Westlake$988-34%
Lakewood$940+24%
Kent$8500%
North Royalton$839+6%
Akron$799-30%
Cleveland Heights$700-53%
Cuyahoga Falls$682+2%
Euclid$655+21%
Medina$629+5%
Elyria$580+6%
Lorain$5590%
City1 Bed Avg RentAnnual Change
Beachwood$1,762-1%
Solon$1,587+11%
Westlake$1,484-7%
Streetsboro$1,392+39%
Shaker Heights$1,250+32%
Twinsburg$1,239-5%
Strongsville$1,220+4%
Parma$1,209+47%
Kent$1,172-2%
Brunswick$1,1500%
North Canton$1,095+6%
North Royalton$1,0740%
North Olmsted$1,030+9%
Lakewood$980+1%
Cleveland Heights$975-46%
Mentor$960+8%
Willoughby$9400%
Stow$885-20%
Cuyahoga Falls$8770%
Medina$843+25%
Akron$825-1%
Euclid$794+7%
Elyria$655+11%
Lorain$592-1%
City2 Beds Avg RentAnnual Change
Solon$1,830+9%
Twinsburg$1,682+2%
Streetsboro$1,512+6%
Westlake$1,496+9%
Stow$1,486+17%
Kent$1,480+4%
Rocky River$1,450-4%
Brunswick$1,420+3%
Lakewood$1,418+1%
Medina$1,384+40%
Parma$1,365+26%
North Royalton$1,325+2%
North Canton$1,299+4%
Cuyahoga Falls$1,137+5%
Cleveland Heights$1,125-56%
Akron$1,099+17%
Mentor$1,099+11%
Strongsville$1,091-15%
North Olmsted$1,082+10%
Willoughby$1,040-26%
Euclid$922+7%
Shaker Heights$900-22%
Elyria$770+6%
Lorain$624-10%

Cleveland, OH Rent Trends

Studio1 Bed2 Beds
Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024
$952$964$955$955$960$998$997$1002$1017$1012$1009$1019$1019
$1437$1427$1405$1407$1472$1475$1500$1512$1525$1525$1525$1500$1475
$2075$2100$2112$2125$2137$2074$2074$2075$2087$2100$2050$2050$2050
$1790$1762$1692$1735$1865$1949$1614$1542$2069$2039$2135$2039$2033

Neighborhood Information for Cleveland, OH

What are the most affordable neighborhoods in Cleveland, OH?

The most affordable neighborhoods in Cleveland are Woodland Hills, where the average 1-bedroom apartment rent goes for $552, Cudell, where renters pay $575 on average for a 1-bedroom apartment, and Mount Pleasant, where the average 1-bedroom apartment rent goes for $750. If you're looking for other great deals, check out the listings in Lee - Miles ($750 for a 1-bedroom apartment) or Old Brooklyn ($770 for a 1-bedroom apartment), compared to the $1,505 average for a Cleveland 1-bedroom apartment.

What are the most expensive neighborhoods in Cleveland, OH?

The most affordable neighborhoods in Cleveland are Ohio City, where the average 1-bedroom apartment rent goes for $2,000, Gordon Square Arts District, where renters pay $1,921 on average for a 1-bedroom apartment, and Euclid - Green, where the average 1-bedroom apartment rent goes for $1,790. If you're looking for other great deals, check out the listings in Hough ($1,760 for a 1-bedroom apartment) or Gateway District ($1,717 for a 1-bedroom apartment), compared to the $1,505 average for a Cleveland 1-bedroom apartment.

What are the most popular neighborhoods in Cleveland, OH?

The most popular neighborhoods in Cleveland are Woodland Hills, where the average 1-bedroom apartment rent goes for $552, University Circle, where renters pay $1,555 on average for a 1-bedroom apartment, and Fairhill Village, where the average 1-bedroom apartment rent goes for $950. If you're looking for other popular neighborhoods, check out the listings in Little Italy ($975 for a 1-bedroom apartment) or Buckeye - Shaker ($950 for a 1-bedroom apartment), compared to the $1,505 average for a Cleveland 1-bedroom apartment.

Nearby Listings

  • Sherri Park Apartments property

    $1,310+

    Sherri Park Apartments

    1–2 Beds • 1–2 Baths

    790–1340 Sqft

    Not Available

  • Reserve Square property

    $891+

    Reserve Square

    Studio–3 Beds • 1–2 Baths

    561–1615 Sqft

    10+ Units Available

  • The Quarter property

    $1,328+

    The Quarter

    Studio–2 Beds • 1–2 Baths

    500–1005 Sqft

    10+ Units Available

  • Integrity Gold Coast property

    $711+

    Integrity Gold Coast

    Studio–3 Beds • 1–2 Baths

    329–1419 Sqft

    10+ Units Available

  • The May property

    $1,360+

    The May

    Studio–3 Beds • 1–2.5 Baths

    570–1548 Sqft

    10+ Units Available

  • Worthington Yards property

    $1,395+

    Worthington Yards

    1–3 Beds • 1–3 Baths

    711–2003 Sqft

    3 Units Available