Average Rent in Cleveland, OH

Cleveland rentals average $800 for a 1-bedroom rental to $1,500 for a 4-bedroom rental. The median price of all currently available listings is $1,250, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $1,023,646 (119,841.46%) year-over-year from $854 to $1,024,500. 1-bedroom rentals prices have decreased by $503 (-38.61%) year-over-year from $1,303 to $800. 2-bedroom rentals prices have increased by $7 (0.61%) year-over-year from $1,143 to $1,150. 3-bedroom rentals prices have increased by $167 (14.72%) year-over-year from $1,133 to $1,300. 4-bedroom rentals prices have increased by $48 (3.56%) year-over-year from $1,357 to $1,405. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 199.37% this month. 1-bedroom rents have gone down by 36.15% this month. 2-bedroom rents have gone up by 8.70% this month. 3-bedroom rents have gone up by 1.76% this month. 4-bedroom rents have gone up by 1.44% this month.