Foundry Lofts
7218 Euclid Ave,
Cleveland, OH 44103
$1,149 - $1,650
Studio - 2 Beds
Rental Market Trends in Cleveland, OH
What is the average rent in Cleveland, OH?
$1,299/month
Average Rent
686 Sq Ft
Average Apartment Size
+1.2%
Increase in the Last Year
As of September 2025, the average rent in Cleveland, OH is $1,299 per month. This is 21% lower than the national average rent of $1,640/month, making renting in Cleveland more affordable than most cities in the US. When you rent an apartment in Cleveland, you can expect to pay about $1,223 per month for a studio, $1,299 for a one-bedroom apartment, and around $1,596 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,124 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 Cleveland, OH?
In the past year, rent has increased by 1.2%, which averages out to $17 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 September 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cleveland?
Based on current rent prices, South Collinwood, Brookside and Kamm's Corners are the most affordable neighborhoods in Cleveland.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cleveland?
Based on current rent prices, Gordon Square Arts District, Detroit-Shoreway and Little Italy are the most expensive neighborhoods in Cleveland.
Neighborhood
Average Rent
Average Sq Ft
Which Cleveland neighborhoods have the most rentals available?
The neighborhoods in Cleveland with the most apartments available are Downtown Cleveland, Ohio City and Public Square .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cleveland, OH?
Because the average rent in Cleveland is $1,299, you’ll want to make about $4,330 per month or $51,960 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.
Cost of Living
The cost of living in Cleveland, OH is 7.8% lower than the national average. Generally, housing in Cleveland is 18.0% less expensive than the national average, with rent falling between $1,223 - $2,124. You can expect to pay 0.2% more for groceries, 14.1% less for utilities, and 2.8% less for transportation.
How does Cleveland, OH compare to other nearby cities and neighborhoods?
Use the tool below to compare Cleveland, 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
-
$1,501/month
One Bedroom
$855/month
$1,856/month
Two Bedroom
$888/month
$2,501/month
Three Bedroom
$1,569/month
$3,568/month
Nearby City Rent Trends
Apartment communities in Cleveland we think you'll love
Property Management Companies in Cleveland, OH
Legacy RHM Capital
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28
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4,285
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13
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15 Communities in Cleveland
Vanguard Properties
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13
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530
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4
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K & D Management, LLC
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16
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6,112
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7
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Village Green
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167
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34,546
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97
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9 Communities in Cleveland
Integrity Realty Group
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31
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4,163
Units
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20
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9 Communities in Cleveland
950 Management
-
10
Communities
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763
Units
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6
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9 Communities in Cleveland
AZ Management, Inc.
-
10
Communities
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715
Units
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5
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9 Communities in Cleveland
Fischer Asset Management
-
11
Communities
-
268
Units
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5
Cities
8 Communities in Cleveland
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Methodology
† 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 September 2025.
* Percentages may not total 100 due to rounding.