Last updated
Average Rent in Old Brooklyn & Rent Trends
Rent prices and market trends across 1 apartment community in Old Brooklyn, Parma, OH. Updated daily.
Market Average
$1,748/mo
Lowest Available
$1,535/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
8
available now
Price Cuts This Week in Old Brooklyn
3 listed units across 1 building in Old Brooklyn dropped their asking rent in the past 7 days, an average cut of $25/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Terraces at Northridge | Unit 001-115 | $1,590 | $1,565 | $25 |
| Terraces at Northridge | Unit 005-415 | $1,560 | $1,535 | $25 |
| Terraces at Northridge | Unit 011-509 | $1,560 | $1,535 | $25 |
Old Brooklyn vs Parma, OH Average
Old Brooklyn is more expensive than the Parma, OH average by $326/mo (23%). The citywide average is $1,422/mo across all neighborhoods.
Is Rent Going Up or Down in Old Brooklyn?
As of August 2026, the average rent in Old Brooklyn is $1,748 per month across 1 apartment community and 8 available units.
The most affordable option is Terraces at Northridge starting at $1,535/mo. By unit type, a 1-bedroom averages $1,545/mo, a 2-bedroom averages $1,869/mo.
Prices range from $1,535 to $1,894 per month. The most common price point is the $1,800 range, where 5 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Old Brooklyn
Rent Prices by Apartment in Old Brooklyn
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Terraces at Northridge | $1,535/mo | $1,748/mo | 8 | 4.5 |
Frequently Asked Questions About Rent in Old Brooklyn
What is the average rent in Old Brooklyn?
Is rent going up or down in Old Brooklyn?
What is the cheapest apartment in Old Brooklyn?
How much is a 1-bedroom apartment in Old Brooklyn?
How many apartments are available in Old Brooklyn?
What salary do I need to live comfortably in Old Brooklyn?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$70,000/year
Based on the 30 percent rule, using our tracked average rent of $1,748/mo.
Comfortable income
$84,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,535/mo), you need to earn at least $61,000/year.
Median household income in Old Brooklyn is $67,425 , about 20% below the comfortable-living threshold.
Cost of living in Old Brooklyn
Overall prices in Old Brooklyn runs below the national average by about 7% (BEA Regional Price Parity index 92.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Old Brooklyn's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,748 |
| Utilities | $336 |
| Groceries | $508 |
| Transportation | $802 |
| Healthcare | $391 |
| Other goods and services | $626 |
| Estimated total | $4,412/mo |
Population
80,131
Median household income
$67,425
Census median rent
$1,053/mo
Rent as % of income
26.9%
Median age
43.2
Mean commute
24 min
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 were last published in 2023.
Google Search Trends for Old Brooklyn Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Old Brooklyn Apartments
Browse all 1 communities with daily-updated pricing and availability.