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Rental Market Trends in Medway, OH

Updated August 2026

The average rent in Medway, OH is $707/month.

Rent in Medway is 58% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$707/month

Average Rent

700 Sq Ft

Average Size

+1.3%

Change / Year

2

Available Apartments

Medway rent varies by unit size and layout:

  • Studio apartments in Medway average per month.
  • One-bedroom apartments in Medway average $707 per month.
  • Two-bedroom apartments in Medway average $865 per month.
  • Three-bedroom apartments in Medway average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$707/month
700 Sq Ft
Two Bedroom
$865/month
900 Sq Ft
View Medway Apartments

How much has average rent changed in Medway, OH?

In the past year, rent has increased by 1.3%, which averages out to $10 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Medway, OH

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Medway, OH
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Medway is $707, you’ll want to make about $2,356 per month or $28,272 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

Medway, OH

2 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Medway, 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.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • New Carlisle

    New Carlisle

    Avg Rent: $721/month

  • Enon

    Enon

    Avg Rent: $868/month

  • Fairborn

    Fairborn

    Avg Rent: $873/month

  • Huber Heights

    Huber Heights

    Avg Rent: $1,301/month

  • Vandalia

    Vandalia

    Avg Rent: $746/month

  • Beavercreek

    Beavercreek

    Avg Rent: $1,248/month

Apartment Communities in Medway We Think You'll Love

Churchill Manor

Churchill Manor

2359 S Dayton Lakeview Rd,
New Carlisle, OH 45344

1-2 Beds | $715 - $880

5212 Melvina St

5212 Melvina St

5212 Melvina St,
Fairborn, OH 45324

3 Beds | $1,850

Reverb

Reverb

6701 Executive Blvd,
Huber Heights, OH 45424

1-2 Beds | $1,417 - $2,112

Parkview Huber Heights Apartments

Parkview Huber Heights Apartments

2200 Cooley Ln,
Huber Heights, OH 45424

1-3 Beds | $1,439 - $1,999

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Frequently Asked Questions

What is the average rent in Medway?

The average rent in Medway is $707 per month, which is 57.5% lower than the national average of $1,664.

Are rents going up or down in Medway?

Rents in Medway, OH are increasing, with prices up 1.3% year-over-year and $10 more per month.

What rent range is most common in Medway?

In Medway, OH, 100% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Ohio Medway 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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity