Apartments for Rent in Edgewater, Cleveland, OH

Edgewater, Cleveland apartment availability

Edgewater's rental market offers a good selection of listings, with an average of 43 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many Edgewater apartments offer convenient amenities, including on-site laundry, which is available in about half of the apartments. Additionally, about 40% of apartments in the area are pet-friendly, making Edgewater a great option for renters with pets.

Edgewater, Cleveland rental market trends

Edgewater, Cleveland's rental market is experiencing a notable upswing, with average monthly rents across all property types increasing by 7.1% year-over-year to $1,179 in 2024. The most significant growth is seen in 3-bedroom units, with a 56.9% jump to $2,617 per month. In contrast, studio apartments have decreased by 4.4% to $774 per month.

The summer months, particularly July, are the most expensive time to rent in Edgewater, with prices 16.6% higher than in February, the least expensive month. Prospective renters may find better deals during the winter months when demand is lower. The trend suggests that renters looking for 1-bedroom units can expect to pay around $1,178 per month, while 2-bedroom units average $1,187 per month. As the rental market continues to evolve, renters should be prepared to act quickly during the peak summer months.

Why Edgewater, Cleveland is a great place to live

Edgewater is a top choice for renters who prioritize pet friendliness and social living. According to data, apartments in Edgewater often feature pet-friendly amenities such as pet waste stations, nearby pet supply stores, and spacious accommodations for pets. Many buildings also have pet-safe windows and host pet events, making it a great neighborhood for pet owners. Additionally, Edgewater's social scene is thriving, with a strong neighborhood population, frequent transit options, and a high walk score, making it easy to get around and meet up with friends. With its emphasis on pet friendliness and social living, Edgewater is an attractive option for renters looking for a lively and welcoming community.