North Olmsted, OH Rental Market Trends
Highlights
The average rent for an apartment in North Olmsted is $860, a 1% increase compared to the previous year, when the average rent was $848.
Average Rent in North Olmsted, OH
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $860 | 1% | 828 sq. ft. |
The average size for a North Olmsted, OH apartment is 828 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.
North Olmsted, OH Apartment Rent Ranges
- $501-$70010%
- $701-$1,00076%
- $1,001-$1,50013%
- $1,501-$2,0001%
North Olmsted, OH Occupied Housing Units
- Renter-occupied Households34%
- Owner-occupied Households65%
4,552 or 34% of the households in North Olmsted, OH are renter-occupied while 8,605 or 65% are owner-occupied.
North Olmsted, OH Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| North Olmsted, OH | $815 | $819 | $815 | $831 | $831 | $848 | $829 | $856 | $860 |
| National | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 |
How North Olmsted Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Cincinnati | $1,028 | 6% |
| Columbus | $941 | 3% |
| Dayton | $797 | 7% |
| Northwest Ohio | $784 | 5% |
| Cleveland | $1,098 | 3% |
| Elyria | $764 | 6% |
| Lakewood | $905 | 5% |
| Brunswick | $936 | 5% |
| Parma Heights | $851 | 5% |
| Rocky River | $998 | 4% |
| North Olmsted | $860 | 1% |
For more information about the North Olmsted 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!