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Average Rent in Lakewood, OH & Rent Trends

Rent prices and market trends across 5 apartment communities in Lakewood, OH. Updated daily.

Market Average

$1,727/mo

▼ 4% from last month

Lowest Available

$1,009/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

56

available now

Rent by Neighborhood in Lakewood, OH

Compare average rent across Lakewood, OH neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Ohio City $1,942 ▼  $184 $1,280 1 30
Stockyards $1,507 ▼  $27 $1,078 3 20
Rocky River 44116 $1,387 ▲  $21 $1,009 1 6

Is Rent Going Up or Down in Lakewood, OH?

As of July 2026, the average rent in Lakewood, OH is $1,727 per month across 5 apartment communities and 56 available units. Rents have decreased $68 (4%) over the past month.

The most affordable option is Linden House Apartments starting at $1,009/mo. By unit type, a studio averages $1,316/mo, a 1-bedroom averages $1,537/mo, a 2-bedroom averages $2,210/mo, a 3-bedroom averages $2,464/mo.

Prices range from $1,009 to $4,069 per month. The most common price point is the $1,400 range, where 17 units are currently listed.

Lakewood, OH Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $1,719 - 5
July 2026 $1,680 -$39 5

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Lakewood, OH

Studio
$1,316
from $1,009 · 7 units
1 Bed
$1,537
from $1,078 · 32 units
2 Bed
$2,210
from $1,398 · 14 units
3 Bed
$2,464
from $1,598 · 3 units

Rent Prices by Apartment in Lakewood, OH

Property Starting at Average Units Rating
Linden House Apartments $1,009/mo $1,387/mo 6 4.7
The Brick Lofts at Historic West Tech High $1,078/mo $1,261/mo 11 3.5
Church + State Apartments $1,280/mo $1,942/mo 30 4.8
Station 73 at Battery Park $1,395/mo $1,788/mo 6 4
Breakwater Lofts $1,450/mo $1,847/mo 3 5

Frequently Asked Questions About Rent in Lakewood, OH

What is the average rent in Lakewood, OH?

The average rent in Lakewood, OH is $1,727 per month as of July 2026, based on 56 units across 5 apartment communities.

Is rent going up or down in Lakewood, OH?

Rent in Lakewood, OH has decreased $68 (4%) over the past month. The current average is $1,727/mo.

What is the cheapest apartment in Lakewood, OH?

The most affordable apartment in Lakewood, OH is Linden House Apartments with units starting at $1,009/mo.

How much is a 1-bedroom apartment in Lakewood, OH?

A 1-bedroom apartment in Lakewood, OH averages $1,537/mo, with prices starting at $1,078/mo across 32 available units.

How many apartments are available in Lakewood, OH?

There are 56 units available across 5 apartment communities in Lakewood, OH.

What salary do I need to live comfortably in Lakewood, OH?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$69,000/year

Based on the 30 percent rule, using our tracked average rent of $1,727/mo.

Comfortable income

$83,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,009/mo), you need to earn at least $40,000/year.

Cost of living in Lakewood, OH

We only have live rent data for Lakewood, OH so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,727
Estimated total $1,727/mo

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures are refreshed annually.

Explore Lakewood, OH Apartments

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