Raye
20005 Farnsleigh Rd,
Shaker Heights, OH 44122
$2,175 - $3,880
1-4 Beds
Located just nine miles from Downtown Cleveland, Malvern-Mercer is a charming suburb with eclectic art and culture. Renters can enjoy a visit to the Cleveland Museum of Art, located minutes from Downtown Cleveland, or head outdoors to explore the neighborhood amenities. There are a variety of golf courses around the area including, the Canterbury Gold Club, Shaker Heights Country Club, and Highland Park Gold Course. Malvern-Mercer is minutes from Fairmount Circle and Van Aken Market Hall, so residents have access to plenty of shops and eateries. The popular housing style in the region is the Cleveland Doubles, also known as duplex-style homes, but there are moderately priced apartments, condos, and houses available for rent as well.
As of March 2026, the average apartment rent in Malvern-Mercer is $1,452 for a studio, $1,691 for one bedroom, $1,583 for two bedrooms, and $3,027 for three bedrooms. Apartment rent in Malvern-Mercer has increased by 2.8% in the past year.
Studio
625 sq ft
Average Sq Ft
$1,452/month
Average Rent
1 BR
772 sq ft
Average Sq Ft
$1,691/month
Average Rent
2 BR
1,119 sq ft
Average Sq Ft
$1,583/month
Average Rent
3 BR
1,725 sq ft
Average Sq Ft
$3,027/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Malvern-Mercer - Shaker Heights, OH is for everyday living.
Somewhat Walkable
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.