Rentometer, Inc. | Data as of 10/23/2025
Norwood, Ohio offers a vibrant rental market that blends historic charm with modern convenience, making it an appealing choice for renters seeking both community atmosphere and easy access to the greater Cleveland area. The city’s tree‑lined streets and walkable neighborhoods are anchored by popular spots such as the historic Norwood Village, the bustling West 3rd Street district, and the nearby Emerald Park, providing residents with a variety of dining, shopping, and recreational options within a short distance of most rental properties.
Apartment seekers will find a diverse range of unit sizes, from efficient studios that typically start in the $1200s to spacious three‑bedroom layouts that can approach the $1500 range. Larger floor plans, including four‑plus bedroom apartments, are also available and often fall into the $1000‑$1100 bracket, offering an affordable option for families or roommates. For those preferring the privacy of a standalone home, Norwood’s housing stock includes well‑maintained 2‑ and 3‑bedroom houses that generally sit in the $1700‑$1900 range, while premium four‑plus bedroom homes can reach the $2800 level, reflecting the city’s blend of historic residences and newer constructions.
The rental landscape in Norwood benefits from its proximity to major transit routes, top‑rated schools, and a strong sense of community, making it an attractive destination for professionals, students, and families alike. Whether you’re looking for a compact apartment close to nightlife or a spacious house near parks and schools, Norwood’s rental market provides flexible options that cater to a wide range of lifestyle preferences and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,274 | $1,325 | $795 - $1,560 | $1,315 - $1,375 |
| Apartment | 1 Bedroom | $1,351 | $1,275 | $795 - $2,095 | $925 - $1,825 |
| Apartment | 2 Bedroom | $1,731 | $1,175 | $975 - $3,460 | $1,040 - $2,350 |
| Apartment | 3 Bedroom | $1,435 | $1,122 | $880 - $2,730 | $965 - $1,900 |
| Apartment | 4+ Bedroom | $1,086 | $860 | $815 - $2,000 | $835 - $1,595 |
| House | 2 Bedroom | $1,788 | $1,697 | $1,395 - $3,110 | $1,495 - $1,895 |
| House | 3 Bedroom | $1,822 | $1,895 | $870 - $2,450 | $1,695 - $2,150 |
| House | 4+ Bedroom | $2,800 | $2,800 | $1,650 - $3,900 | $2,400 - $3,200 |
In the current period, the average rent in Norwood was $1,274 for Studio, $1,319 for 1 Bedroom, $1,753 for 2 Bedroom, $1,725 for 3 Bedroom, and $2,056 for 4+ Bedroom.
Data provided by Rentometer, Inc.