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Rental Market Trends in Elyria, OH

What is the average rent in Elyria, OH?

$760/month

Average Rent

579 Sq Ft

Average Apartment Size

+3.8%

Increase in the Last Year

As of March 2026, the average rent in Elyria, OH is $760 per month. This is 53% lower than the national average rent of $1,627/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 $658 per month for a studio, $760 for a one-bedroom apartment, and around $1,065 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,157 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$658/month
390 Sq Ft
One Bedroom
$760/month
579 Sq Ft
Two Bedroom
$1,065/month
901 Sq Ft
Three Bedroom
$1,157/month
1,034 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,469/month
927 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 3.8%, which averages out to $29 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Elyria, OH
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Elyria, OH
Percentage*
Rent Range
26% Below $700/month
55% $700 - $1,000/month
13% $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 $760, you’ll want to make about $2,533 per month or $30,396 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

310 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

$1,460 - $1,490

1-2 Beds

The Alba Apartments

The Alba Apartments

332 4th St,
Elyria, OH 44035

$895

1 Bed

Waterford Luxury Apartments & Villas

Waterford Luxury Apartments & Villas

5399 Waterford Cir,
Sheffield Village, OH 44035

$1,600 - $2,550

2 Beds

Foster Senior Lofts

Foster Senior Lofts

127 Madison St,
Elyria, OH 44035

Call for Rent

1-2 Beds

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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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity