Downtown Cleveland, Cleveland, OH Rental Market Trends

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Downtown Cleveland, Cleveland, OH

Last updated: October 19, 2025

Downtown Cleveland, Cleveland, OH rent trends

Rental prices in Downtown Cleveland, Cleveland, OH have decreased by 0.57% over the past year. The average rent moved from $1,716 to $1,707.

What's the typical rent budget in Downtown Cleveland, Cleveland, OH?

The largest share of rentals in Downtown Cleveland, Cleveland, OH (38%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Cleveland, Cleveland, OH?

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Cleveland, OH By Neighborhood

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Cleveland | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Downtown Cleveland is 46% higher than in Buckeye-Shaker

$1,707

Downtown Cleveland rent is the same as Cleveland average

Average Rent $1,707
$1,166

Buckeye-Shaker rent is 32% lower than Cleveland average

Average Rent $1,166

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Cleveland apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.