Shaker Heights, OH Rental Market Trends
Highlights
The average rent for an apartment in Shaker Heights is $1,296, a 3% increase compared to the previous year, when the average rent was $1,263.
Average Rent in Shaker Heights, OH
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,296 | 3% | 1,003 sq. ft. |
The average size for a Shaker Heights, OH apartment is 1,003 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.
Shaker Heights, OH Apartment Rent Ranges
- < $5002%
- $501-$70013%
- $701-$1,00026%
- $1,001-$1,50025%
- $1,501-$2,00022%
- > $2,00012%
Shaker Heights, OH Occupied Housing Units
- Renter-occupied Households34%
- Owner-occupied Households65%
3,898 or 34% of the households in Shaker Heights, OH are renter-occupied while 7,302 or 65% are owner-occupied.
Shaker Heights, OH Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Mar / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Shaker Heights, OH | $1,250 | $1,250 | $1,276 | $1,269 | $1,279 | $1,263 | $1,273 | $1,298 | $1,296 |
| National | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 |
How Shaker Heights Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Columbus | $981 | 2% |
| Cincinnati | $1,032 | 2% |
| Cleveland | $1,132 | 1% |
| Northwest Ohio | $802 | 2% |
| Dayton | $833 | 4% |
| Akron | $867 | 3% |
| Euclid | $714 | 3% |
| Cleveland Heights | $1,198 | 9% |
| Shaker Heights | $1,296 | 3% |
| Bedford Heights | $790 | 5% |
| Beachwood | $1,589 | 3% |
For more information about the Shaker Heights 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!