Powell City, OH Rental Market Trends
Highlights
The average rent for an apartment in Powell City is $1,327, a 5% increase compared to the previous year, when the average rent was $1,263.
Average Rent in Powell City, OH
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,327 | 5% | 1,043 sq. ft. |
The average size for a Powell City, OH apartment is 1,043 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.
Powell City, OH Apartment Rent Ranges
- $701-$1,00039%
- $1,001-$1,50030%
- $1,501-$2,00019%
- > $2,00011%
Powell City, OH Occupied Housing Units
- Renter-occupied Households21%
- Owner-occupied Households78%
3,259 or 21% of the households in Powell City, OH are renter-occupied while 11,612 or 78% are owner-occupied.
Powell City, OH Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Powell City, OH | $1,128 | $1,146 | $1,133 | $1,161 | $1,161 | $1,263 | $1,277 | $1,332 | $1,327 |
| National | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,474 |
How Powell City 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% |
| Delaware | $947 | 3% |
| Westerville | $1,093 | 2% |
| Dublin | $1,158 | 2% |
| Hilliard | $1,065 | 3% |
| Westerville City | $1,093 | 2% |
| Powell City | $1,327 | 5% |
For more information about the Powell City 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!