Average Rent in Lakewood, OH
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Lakewood, Ohio offers a dynamic rental market that blends urban convenience with lake‑side charm. Prospective renters will find a variety of housing options, from compact studio apartments perfect for students and young professionals to spacious multi‑bedroom homes ideal for families. The city’s convenient location along Lake Erie provides easy access to waterfront parks, popular dining corridors on Detroit Road, and cultural highlights such as the Lakewood Cultural Center and the historic Rock Lake area.
Apartment rentals in Lakewood typically start in the $900s for studios, while one‑bedroom units commonly range from the $800‑$1100 median bracket, with higher averages approaching the $2100 range for larger layouts. Two‑ and three‑bedroom apartments generally sit in the $1400‑$1900 range, offering competitive pricing for those seeking more space. For those preferring a house, one‑bedroom homes often fall around the $1100‑$1200 mark, with two‑bedroom options averaging near $1500 and three‑bedroom homes nearing $2000. Larger family homes with four or more bedrooms can reach the $2700‑$2800 range, reflecting the broader space and amenities available.
Beyond the numbers, Lakewood’s neighborhoods—such as the revitalized downtown district, the family‑friendly Lakewood Heights, and the leafy Squire Park area—provide distinct lifestyles that cater to a wide range of renters. Proximity to Cleveland’s employment centers, excellent public schools, and a thriving local business scene makes Lakewood a sought‑after destination for both short‑term renters and long‑term residents looking for a balanced, vibrant community.
Lakewood Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,035 | $1,090 | $811 – $1,170 | $999 – $1,150 |
| Apartment | 1 Bedroom | $1,072 | $1,050 | $750 – $1,525 | $925 – $1,195 |
| Apartment | 2 Bedroom | $1,403 | $1,400 | $825 – $2,400 | $1,210 – $1,500 |
| Apartment | 3 Bedroom | $1,957 | $1,900 | $1,275 – $3,400 | $1,500 – $2,085 |
| Apartment | 4+ Bedroom | $2,467 | $2,000 | $1,900 – $3,501 | $1,900 – $3,501 |
| House | 1 Bedroom | $1,125 | $1,100 | $690 – $1,500 | $900 – $1,400 |
| House | 2 Bedroom | $1,516 | $1,450 | $1,100 – $2,375 | $1,350 – $1,600 |
| House | 3 Bedroom | $2,071 | $1,962 | $1,495 – $3,500 | $1,790 – $2,300 |
| House | 4+ Bedroom | $2,635 | $2,375 | $1,699 – $4,500 | $2,150 – $3,100 |
Current rent in Lakewood (all property types): Studio $1,036, 1 Bedroom $1,078, 2 Bedroom $1,458, 3 Bedroom $2,048, 4+ Bedroom $2,620.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
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