Median Age
51 Years
Largest Age Group
60-69 Years
Approximately 17% of Residents
Under 20
17%
Over 65
29%
Oakwood Village, OH
Area Guide
Avg Rent
$1,019
Population
3,385
Renter Mix
27% Rent
This quiet village conveniently lies on the outskirts of Cleveland
Suburban
•
Commuter
•
Affordable
Oakwood Village, also simply called Oakwood, sits just under 20 miles southeast of Cleveland and blends both rural and suburban feel in a charming residential package. There’s a variety of low-lying apartment communities and affordable single-family home rentals as well, all proximate to Interstate 480. Broadway Avenue houses the locally owned eateries, national chain restaurants, and convenience stores too.
There’s only one community park in Oakwood Village, but the community is bordered by incredible green spaces and parks in neighboring communities. Commuters can be in Downtown Cleveland in 30 minutes or less.
Demographics
Median Household Income
$55,171
Average: $68,018
Education
789
Residents Have a Degree
Job Market
1,462
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Oakwood Village has more homeowners than renters.
Renters
27%
Non-Renters
73%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
22%
Other Education
78%
Rent Trends
As of May 2026, the average apartment rent in Oakwood Village, OH is $955 for a studio, $1,019 for one bedroom, and $1,319 for two bedrooms. Apartment rent in Oakwood Village has decreased by -9.1% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,019/month
531 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Oakwood Village, OH is for everyday living.
Somewhat Walkable
Walkability
20
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
70
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Bedford Reservation
- South Chagrin Reservation
- Garfield Park Nature Center
- Bike & Hike Trail (Brandywine Falls Access)
- Liberty Park and Nature Center
Transit / Subway
Military Bases
Airports
- Cleveland-Hopkins International
- Akron-Canton Regional
Top Apartments in Oakwood Village
Houses for Rent in Oakwood Village
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.