The Hiatus
3800 Park East Dr,
Beachwood, OH 44122
Studio - 2 Beds | $1,299 - $3,999
Rental Market Trends in Shaker Heights, OH
Updated September 2026
The average rent in Shaker Heights, OH is $1,224/month.
Rent in Shaker Heights is 26% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$1,224/month
Average Rent
721 Sq Ft
Average Size
+1.9%
Change / Year
912
Available Apartments
Shaker Heights rent varies by unit size and layout:
- Studio apartments in Shaker Heights average $781 per month.
- One-bedroom apartments in Shaker Heights average $1,224 per month.
- Two-bedroom apartments in Shaker Heights average $1,368 per month.
- Three-bedroom apartments in Shaker Heights average $2,428 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Shaker Heights, OH?
In the past year, rent has increased by 1.9%, which averages out to $23 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Shaker Heights, OH
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
35%
$700 - $1,000/month
50%
$1,001 - $1,500/month
6%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Shaker Heights?
Based on current rent prices, Malvern-Mercer is the most affordable neighborhood in Shaker Heights.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Shaker Heights?
Based on current rent prices, Malvern-Mercer is the most expensive neighborhood in Shaker Heights.
Neighborhood
Average Rent
Average Sq Ft
Which Shaker Heights neighborhoods have the most rentals available?
The neighborhood in Shaker Heights with the most apartments available is Malvern-Mercer .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Shaker Heights, OH?
Because the average rent in Shaker Heights is $1,224, you’ll want to make about $4,080 per month or $48,960 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.
How does Shaker Heights, OH compare to other nearby cities and neighborhoods?
Use the tool below to compare Shaker Heights, 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 Shaker Heights Area GuideStudio
$1,490/month
$1,490/month
One Bedroom
$1,698/month
$1,698/month
Two Bedroom
$1,602/month
$1,602/month
Three Bedroom
$3,107/month
$3,107/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
University Heights
Avg Rent: $1,346/month
-
Beachwood
Avg Rent: $1,734/month
-
Warrensville Heights
Avg Rent: $780/month
-
Cleveland Heights
Avg Rent: $1,103/month
-
North Randall
Avg Rent: $789/month
-
South Euclid
Avg Rent: $756/month
-
Woodmere
Avg Rent: $1,030/month
-
East Cleveland
Avg Rent: $639/month
Apartment Communities in Shaker Heights We Think You'll Love
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Frequently Asked Questions
What is the average rent in Shaker Heights?
The average rent in Shaker Heights is $1,224 per month, which is 26.4% lower than the national average of $1,664.
What is the average rent for a house in Shaker Heights?
The average rent for a house in Shaker Heights, OH is $1,722 per month.
What is the average rent for a townhome in Shaker Heights?
The average rent for a townhome in Shaker Heights, OH is $1,176 per month.
Are rents going up or down in Shaker Heights?
Rents in Shaker Heights, OH are increasing, with prices up 1.9% year-over-year and $23 more per month.
What rent range is most common in Shaker Heights?
In Shaker Heights, OH, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 September 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.