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Rental Market Trends in Painesville, OH

What is the average rent in Painesville, OH?

$954/month

Average Rent

647 Sq Ft

Average Apartment Size

+2.1%

Increase in the Last Year

As of March 2026, the average rent in Painesville, OH is $954 per month. This is 41% lower than the national average rent of $1,627/month, making renting in Painesville more affordable than most cities in the US. When you rent an apartment in Painesville, you can expect to pay about $999 per month for a studio, $954 for a one-bedroom apartment, and around $1,345 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,667 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$999/month
1,200 Sq Ft
One Bedroom
$954/month
647 Sq Ft
Two Bedroom
$1,345/month
998 Sq Ft
Three Bedroom
$1,667/month
1,355 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 Painesville, OH?

In the past year, rent has increased by 2.1%, which averages out to $20 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 Painesville, OH
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Painesville, OH
Percentage*
Rent Range
16% Below $700/month
48% $700 - $1,000/month
24% $1,001 - $1,500/month
12% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Painesville is $954, you’ll want to make about $3,180 per month or $38,160 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

Painesville, OH

93 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Painesville, 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 Painesville, OH

Apartment Averages

Nearby City Rent Trends

  • Mentor Average Rent
  • Willoughby Average Rent
  • Eastlake Average Rent

Apartment communities in Painesville we think you'll love

Cobblestone Court Apartments

Cobblestone Court Apartments

842 Cobblestone Cir,
Painesville, OH 44077

$1,665 - $2,143

1-3 Beds

Hollydale

Hollydale

908 N State St,
Painesville, OH 44077

$1,100 - $1,200

2 Beds

Grant Street Apartments

Grant Street Apartments

55 Grant St,
Painesville, OH 44077

$1,150 - $1,275

2 Beds

Richlawn Apartments

Richlawn Apartments

1059 Newell St,
Painesville, OH 44077

$1,050 - $1,200

1-2 Beds

Learn More with Helpful Articles

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United States Ohio Painesville 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