Chagrin Riverwalk Phase III
38501 Mentor Ave,
Willoughby, OH 44094
1-2 Beds | $1,257 - $2,104
Rental Market Trends in Willoughby, OH
What is the average rent in Willoughby, OH?
$1,204/month
Average Rent
717 Sq Ft
Average Apartment Size
+3.6%
Increase in the Last Year
As of December 2024, the average rent in Willoughby, OH is $1,204 per month. This is 23% lower than the national average rent of $1,560/month, making renting in Willoughby more affordable than most cities in the US. When you rent an apartment in Willoughby, you can expect to pay about $1,254 per month for a studio, $1,204 for a one-bedroom apartment, and around $1,299 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,677 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 Willoughby, OH?
In the past year, rent has increased by 3.6%, which averages out to $44 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 Willoughby, OH
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
41%
$700 - $1,000/month
47%
$1,001 - $1,500/month
12%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Willoughby?
Based on current rent prices, Downtown Willoughby is the most affordable neighborhood in Willoughby.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Willoughby?
Based on current rent prices, Downtown Willoughby is the most expensive neighborhood in Willoughby.
Neighborhood
Average Rent
Average Sq Ft
Which Willoughby neighborhoods have the most rentals available?
The neighborhood in Willoughby with the most apartments available is Downtown Willoughby .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Willoughby, OH?
Because the average rent in Willoughby is $1,204, you’ll want to make about $4,013 per month or $48,156 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 Willoughby, OH compare to other nearby cities and neighborhoods?
Use the tool below to compare Willoughby, 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
$1,254/month
$1,254/month
One Bedroom
$1,190/month
$1,190/month
Two Bedroom
$1,203/month
$1,203/month
Three Bedroom
$989/month
$989/month
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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.