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Rental Market Trends in Elyria, OH

What is the average rent in Elyria, OH?

$727/month

Average Rent

575 Sq Ft

Average Apartment Size

+2.3%

Increase in the Last Year

As of June 2025, the average rent in Elyria, OH is $727 per month. This is 55% lower than the national average rent of $1,628/month, making renting in Elyria more affordable than most cities in the US. When you rent an apartment in Elyria, you can expect to pay about $596 per month for a studio, $727 for a one-bedroom apartment, and around $1,053 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,104 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$596/month
390 Sq Ft
One Bedroom
$727/month
575 Sq Ft
Two Bedroom
$1,053/month
904 Sq Ft
Three Bedroom
$1,104/month
1,023 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,357/month
1,101 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 Elyria, OH?

In the past year, rent has increased by 2.3%, 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Elyria, OH
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Elyria, OH
Percentage*
Rent Range
32% Below $700/month
54% $700 - $1,000/month
8% $1,001 - $1,500/month
3% $1,501 - $2,000/month
3% Above $2,000/month

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

Because the average rent in Elyria is $727, you’ll want to make about $2,423 per month or $29,076 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.

City

Elyria, OH

214 Available Apartments for Rent

Search for Nearby Apartments

How does Elyria, OH compare to other nearby cities and neighborhoods?

Use the tool below to compare Elyria, 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.

Explore the Area Guide for Elyria, OH

Apartment Averages

Nearby City Rent Trends

  • North Ridgeville Average Rent
  • Amherst Average Rent
  • Avon Average Rent

Apartment communities in Elyria we think you'll love

Hunters Crossing Apartments

Hunters Crossing Apartments

100 Hunters Crossing Dr,
Elyria, OH 44035

1-2 Beds | $1,320 - $1,495

Waterford Luxury Apartments & Villas

Waterford Luxury Apartments & Villas

5399 Waterford Cir,
Sheffield Village, OH 44035

2 Beds | $1,600 - $2,500

Sunset Townhouses

Sunset Townhouses

630 S Abbe Rd,
Elyria, OH 44035

2-3 Beds | $975 - $1,100

Redwood Amherst

Redwood Amherst

1120 Red Thimbleberry Drive,
Elyria, OH 44035

1-2 Beds | $1,699 - $2,440

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United States Ohio Elyria Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity