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Rental Market Trends in Oakwood Village, OH

Updated July 2026

The average rent in Oakwood Village, OH is $1,011/month.

Rent in Oakwood Village is 39% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,011/month

Average Rent

531 Sq Ft

Average Size

-20%

Change / Year

13

Available Apartments

Oakwood Village rent varies by unit size and layout:

  • Studio apartments in Oakwood Village average $925 per month.
  • One-bedroom apartments in Oakwood Village average $1,011 per month.
  • Two-bedroom apartments in Oakwood Village average $1,323 per month.
  • Three-bedroom apartments in Oakwood Village average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$925/month
480 Sq Ft
One Bedroom
$1,011/month
531 Sq Ft
Two Bedroom
$1,323/month
756 Sq Ft
View Oakwood Village Apartments

How much has average rent changed in Oakwood Village, OH?

In the past year, rent has decreased by 20%, which averages out to $201 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Oakwood Village, OH

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Oakwood Village, OH
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $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 Oakwood Village, OH?

Because the average rent in Oakwood Village is $1,011, you’ll want to make about $3,370 per month or $40,440 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

Oakwood Village, OH

13 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Oakwood Village, 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.

View the Oakwood Village Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Bedford Heights

    Bedford Heights

  • Bedford

    Bedford

  • Maple Heights

    Maple Heights

Apartment Communities in Oakwood Village We Think You'll Love

Solon Club Apartment Homes

Solon Club Apartment Homes

26433 Solon Rd,
Oakwood Village, OH 44146

Studio - 2 Beds | $1,020

6002 Randy Rd

6002 Randy Rd

6002 Randy Rd,
Bedford Heights, OH 44146

4 Beds | $1,950

220 John St

220 John St

220 John St,
Bedford, OH 44146

3 Beds | $1,650

220 Best St

220 Best St

220 Best St,
Bedford, OH 44146

3 Beds | $1,625

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Frequently Asked Questions

What is the average rent in Oakwood Village?

The average rent in Oakwood Village is $1,011 per month, which is 39.2% lower than the national average of $1,663.

Are rents going up or down in Oakwood Village?

Rents in Oakwood Village, OH are decreasing, with prices down 20.0% year-over-year and $201 less per month.

What rent range is most common in Oakwood Village?

In Oakwood Village, OH, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Ohio Oakwood Village 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity