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Rental Market Trends in Oakwood Village, OH

What is the average rent in Oakwood Village, OH?

$998/month

Average Rent

531 Sq Ft

Average Apartment Size

-11.4%

Decrease in the Last Year

As of April 2026, the average rent in Oakwood Village, OH is $998 per month. This is 39% lower than the national average rent of $1,641/month, making renting in Oakwood Village more affordable than most cities in the US. When you rent an apartment in Oakwood Village, you can expect to pay about $1,145 per month for a studio, $998 for a one-bedroom apartment, and around $1,322 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,145/month
480 Sq Ft
One Bedroom
$998/month
531 Sq Ft
Two Bedroom
$1,322/month
756 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 Oakwood Village, OH?

In the past year, rent has decreased by 11.4%, which averages out to $114 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Oakwood Village, OH
Last Updated April 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

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Oakwood Village?

Based on current rent prices, Meadows at Bedford Heights is the most affordable neighborhood in Oakwood Village.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Meadows at Bedford Heights
$1,044/month
527 Sq Ft

What are the most expensive neighborhoods in Oakwood Village?

Based on current rent prices, Meadows at Bedford Heights is the most expensive neighborhood in Oakwood Village.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Meadows at Bedford Heights
$1,044/month
527 Sq Ft

Which Oakwood Village neighborhoods have the most rentals available?

The neighborhood in Oakwood Village with the most apartments available is Meadows at Bedford Heights .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Meadows at Bedford Heights
$1,044/month
527 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Oakwood Village is $998, you’ll want to make about $3,326 per month or $39,912 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

26 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.

Explore the Area Guide for Oakwood Village, OH

Apartment Averages

Meadows at Bedford Heights

Oakwood Village, OH

Meadows at Bedford Heights

Oakwood Village, OH

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

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

$990 - $2,356

Studio - 2 Beds

6686 Deer Ct

6686 Deer Ct

6686 Deer Ct,
Bedford Heights, OH 44146

$1,925

3 Beds

Columbus Park Apartments

Columbus Park Apartments

6055 Bear Creek Dr,
Bedford Heights, OH 44146

$868 - $1,525

1-3 Beds

Colony Club

Colony Club

681 Turney Rd,
Bedford, OH 44146

$770 - $1,461

1-2 Beds

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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 February 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