GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Cleveland Ohio

The average rent in Cleveland, Ohio is $1,031 per month.

In this post, we will explore the average rent in Cleveland, Ohio, providing key statistics on rental prices across various neighborhoods and apartment types. From the increasing trend in rent prices to insights on luxury apartments and pet fees, this data-driven overview offers valuable information for both current and prospective renters in the area.

Statistic 1

"Ohio City neighborhood sees average rents around $1,350 for a two-bedroom apartment."

Sources Icon

Statistic 2

"Over the past year, the average rent in Cleveland has increased by 4%."

Sources Icon

Statistic 3

"Rent for luxury apartments in Cleveland can average $2,500."

Sources Icon

Statistic 4

"The average rent for a two-bedroom apartment in Cleveland is $1,065."

Sources Icon

Statistic 5

"Tremont neighborhood has an average rent of $1,200 for a one-bedroom apartment."

Sources Icon

Statistic 6

"Detroit Shoreway has an average rent of approximately $1,300 for two-bedroom apartments."

Sources Icon

Statistic 7

"The median rent for a three-bedroom apartment in Cleveland is $1,325."

Sources Icon

Statistic 8

"The average rent for a studio apartment in Cleveland is $695."

Sources Icon

Statistic 9

"The average rent for short-term leases in Cleveland is $1,600 per month."

Sources Icon

Statistic 10

"Downtown Cleveland has an average rent of $1,450 for a two-bedroom apartment."

Sources Icon

Statistic 11

"The average pet fee for renting an apartment in Cleveland is $25 per month."

Sources Icon

Statistic 12

"Glenville neighborhood sees an average rent of $950 for a one-bedroom apartment."

Sources Icon

Statistic 13

"The average rent for new constructions in Cleveland is around $2,000 for a two-bedroom apartment."

Sources Icon

Statistic 14

"On average, rent in Cleveland neighborhoods like University Circle is $1,550 for a two-bedroom."

Sources Icon

Statistic 15

"The average rent for a one-bedroom apartment in Cleveland increased by 3% from last year."

Sources Icon

Statistic 16

"The average rent for a one-bedroom apartment in Cleveland, Ohio, is $869."

Sources Icon

Statistic 17

"Average rent in Cleveland's suburbs is approximately $1,200 for a two-bedroom apartment."

Sources Icon

Statistic 18

"A four-bedroom apartment in Cleveland averages about $1,895 in rent."

Sources Icon

Statistic 19

"The average rent in Cleveland for single-family homes is $1,450."

Sources Icon

Statistic 20

"Average rent for renovated apartments in Cleveland is over $1,500."

Sources Icon
In conclusion, the statistics paint a diverse picture of the average rent landscape in Cleveland, Ohio. While certain neighborhoods like Ohio City and Downtown Cleveland command higher rents for two-bedroom apartments, others such as Glenville offer more affordable options for one-bedroom units. The overall trend shows a modest increase in average rents over the past year, with luxury apartments and new constructions fetching higher prices. Additionally, the data reveals variations in rent prices based on factors like apartment size, location, and property type, highlighting the multifaceted nature of the rental market in Cleveland.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!