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Rental Market Trends in Ravenna, OH

What is the average rent in Ravenna, OH?

$785/month

Average Rent

528 Sq Ft

Average Apartment Size

+1.9%

Increase in the Last Year

As of April 2026, the average rent in Ravenna, OH is $785 per month. This is 52% lower than the national average rent of $1,641/month, making renting in Ravenna more affordable than most cities in the US. When you rent an apartment in Ravenna, you can expect to pay about per month for a studio, $785 for a one-bedroom apartment, and around $933 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,135 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$785/month
528 Sq Ft
Two Bedroom
$933/month
868 Sq Ft
Three Bedroom
$1,135/month
998 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 Ravenna, OH?

In the past year, rent has increased by 1.9%, which averages out to $15 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Ravenna, OH
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Ravenna, OH
Percentage*
Rent Range
17% Below $700/month
83% $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 Ravenna, OH?

Because the average rent in Ravenna is $785, you’ll want to make about $2,616 per month or $31,392 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

Ravenna, OH

67 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Ravenna, 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 Ravenna, OH

Apartment Averages

Nearby City Rent Trends

  • Kent Average Rent
  • Streetsboro Average Rent
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  • Tallmadge Average Rent
  • Stow Average Rent

Apartment communities in Ravenna we think you'll love

Green Acres Of Ravenna

Green Acres Of Ravenna

529 E Main St,
Ravenna, OH 44266

$950 - $1,200

1-3 Beds

The Novo Apartments

The Novo Apartments

668 Page St,
Ravenna, OH 44266

$725 - $1,185

Studio - 2 Beds

Woodgate North

Woodgate North

709 Sapp Rd,
Ravenna, OH 44266

$815 - $1,230

1-3 Beds

Heatherwood of Ravenna

Heatherwood of Ravenna

779 Eastowne Dr,
Ravenna, OH 44266

$765 - $875

1-2 Beds

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United States Ohio Ravenna 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity