Shaker Hall
12700 Shaker Blvd,
Cleveland, OH 44120
1-2 Beds | $980 - $1,350
Rental Market Trends in Cleveland, OH
What is the average rent in Cleveland, OH?
$1,278/month
Average Rent
687 Sq Ft
Average Apartment Size
+1.7%
Increase in the Last Year
As of December 2024, the average rent in Cleveland, OH is $1,278 per month. This is 18% lower than the national average rent of $1,560/month, making renting in Cleveland more affordable than most cities in the US. When you rent an apartment in Cleveland, you can expect to pay about $1,180 per month for a studio, $1,278 for a one-bedroom apartment, and around $1,576 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,239 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cleveland, OH?
In the past year, rent has increased by 1.7%, which averages out to $22 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Cleveland, OH
Last Updated December 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
21%
Below $700/month
30%
$700 - $1,000/month
25%
$1,001 - $1,500/month
16%
$1,501 - $2,000/month
9%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cleveland?
Based on current rent prices, West Cleveland, Edgewater and Buckeye-Shaker are the most affordable neighborhoods in Cleveland.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cleveland?
Based on current rent prices, West Side Market, Gordon Square Arts District and Tremont are the most expensive neighborhoods in Cleveland.
Neighborhood
Average Rent
Average Sq Ft
Which Cleveland neighborhoods have the most rentals available?
The neighborhoods in Cleveland with the most apartments available are Downtown Cleveland, Ohio City and Public Square .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cleveland, OH?
Because the average rent in Cleveland is $1,278, you’ll want to make about $4,260 per month or $51,120 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Cleveland, OH compare to other nearby cities and neighborhoods?
Use the tool below to compare Cleveland, OH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$622/month
$1,555/month
One Bedroom
$774/month
$2,047/month
Two Bedroom
$978/month
$3,182/month
Three Bedroom
$1,176/month
$11,310/month
Nearby City Rent Trends
Apartment communities in Cleveland we think you'll love
Property Management Companies in Cleveland, OH
RHM Real Estate
-
27
Communities
-
3,912
Units
-
14
Cities
15 Communities in Cleveland
K&D Real Estate
-
17
Communities
-
7,083
Units
-
7
Cities
12 Communities in Cleveland
Integrity Realty Group
-
31
Communities
-
4,500
Units
-
20
Cities
9 Communities in Cleveland
Village Green
-
177
Communities
-
39,697
Units
-
103
Cities
6 Communities in Cleveland
AIY Properties
-
28
Communities
-
8,712
Units
-
16
Cities
5 Communities in Cleveland
The Millennia Companies
-
16
Communities
-
2,444
Units
-
12
Cities
5 Communities in Cleveland
Pero Real Estate LLC
-
17
Communities
-
871
Units
-
10
Cities
5 Communities in Cleveland
Zaremba Management Company
-
21
Communities
-
4,868
Units
-
18
Cities
3 Communities in Cleveland
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† 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.
* Percentages may not total 100 due to rounding.