Medina, OH Rental Market Trends
Highlights
The average rent for an apartment in Medina is $968, a 1% increase compared to the previous year, when the average rent was $956.
Average Rent in Medina, OH
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $968 | 1% | 954 sq. ft. |
The average size for a Medina, OH apartment is 954 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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.
Medina, OH Apartment Rent Ranges
- $501-$70024%
- $701-$1,00042%
- $1,001-$1,50028%
- $1,501-$2,0006%
Medina, OH Occupied Housing Units
- Renter-occupied Households34%
- Owner-occupied Households65%
3,573 or 34% of the households in Medina, OH are renter-occupied while 6,667 or 65% are owner-occupied.
Medina, OH Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Medina, OH | $902 | $918 | $918 | $936 | $937 | $956 | $944 | $966 | $968 |
| National | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,474 |
How Medina Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Cincinnati | $1,022 | 5% |
| Columbus | $945 | 3% |
| Dayton | $801 | 7% |
| Northwest Ohio | $784 | 5% |
| Cleveland | $1,091 | 2% |
| Brunswick | $936 | 5% |
| Lodi | $603 | -11% |
| Liverpool | $1,485 | 8% |
| Montville | $968 | 1% |
| North Royalton | $917 | 4% |
| Medina | $968 | 1% |
For more information about the Medina rental trends, check out our monthly rent report
Check out Ohio Cities, Ohio Neighborhoods and Ohio Zip Codes for more details on verified listings, including the Ohio Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!