Cleveland, OH Rental Market Trends

Highlights

The average rent for an apartment in Cleveland is $1,003, a 5% increase compared to the previous year, when the average rent was $959.

Average Rent in Cleveland, OH

Last updated Feb 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,003 5% 758 sq. ft.

The average size for a Cleveland, OH apartment is 758 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Cleveland, OH Apartment Rent Ranges

  • < $5002%
  • $501-$70033%
  • $701-$1,00029%
  • $1,001-$1,50020%
  • $1,501-$2,00011%
  • > $2,0005%

Cleveland, OH Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Feb / 2019
Cleveland, OH $896 $920 $925 $939 $957 $959 $957 $960 $1,003
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Average Rent in Cleveland, OH By Neighborhood

/

The most affordable neighborhoods in Cleveland are South Broadway, where the average rent goes for $557/month, Union-Miles Park, where renters pay $560/mo on average, and Kinsman, where the average rent goes for $563/mo. If you’re looking for other great deals, check out the listings from Woodland Hills ($563), Jefferson ($575), and South Collinwood ($588), where the asking prices are below the average Cleveland rent of $1,003/mo.

The most expensive neighborhoods in Cleveland are Downtown Cleveland ($1,401), University ($1,410) and Industrial Valley ($1,475).

Cleveland | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Brooklyn-Center is 18% lower than in Buckeye-Shaker

$607

Brooklyn-Center rent is 40% lower than Cleveland average

Average Rent $607
$737

Buckeye-Shaker rent is 27% lower than Cleveland average

Average Rent $737

How Does Cleveland Compare to Nearby Cities

Average Rent Y-o-Y Change
Shaker Heights $1,276 2%
Cleveland Heights $1,051 5%
Cleveland $1,003 5%
East Cleveland $614 4%
Euclid $689 2%
Lakewood $863 3%
Woodmere $1,536 2%
Rocky River $963 2%
Mayfield Heights $909 4%
Bedford Heights $742 3%
Brook Park $690 -1%

For more information about the Cleveland rental trends, check out our monthly rent report

Cheapest Listings on RENTCafé

Most Expensive Listings on RENTCafé

View more properties
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Cleveland apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

Other Cities