Shaker Heights, OH Rental Market Trends
Highlights
The average rent for an apartment in Shaker Heights is $1,276, a 2% increase compared to the previous year, when the average rent was $1,255.
Average Rent in Shaker Heights, OH
Last updated Feb 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,276 | 2% | 949 sq. ft. |
The average size for a Shaker Heights, OH apartment is 949 square feet, but this number varies greatly depending on apartment type. 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-$70014%
- $701-$1,00025%
- $1,001-$1,50030%
- $1,501-$2,00019%
- > $2,00011%
Shaker Heights, OH Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Feb / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Shaker Heights, OH | $1,266 | $1,318 | $1,291 | $1,304 | $1,271 | $1,255 | $1,250 | $1,250 | $1,276 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
/
How Does Shaker Heights Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Cleveland | $1,003 | 5% |
| Cleveland Heights | $1,051 | 5% |
| East Cleveland | $614 | 4% |
| Lakewood | $863 | 3% |
| Euclid | $689 | 2% |
| Woodmere | $1,536 | 2% |
| Rocky River | $963 | 2% |
| Mayfield Heights | $909 | 4% |
| Bedford Heights | $742 | 3% |
| Shaker Heights | $1,276 | 2% |
| Westlake | $1,180 | 2% |
For more information about the Shaker Heights rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Shaker Heights apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.