Apartments for Rent in University, Cleveland, OH

University, Cleveland apartment availability

University's rental market offers a strong selection of listings, with an average of 91 rentals available each month in 2024. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments cater to pet owners, with over 70% allowing pets, although some may have restrictions. This makes University a great option for renters with furry friends. With a range of options to choose from, renters are likely to find a suitable apartment in this neighborhood.

University, Cleveland rental market trends

The University neighborhood in Cleveland is experiencing a relatively stable rental market, with a modest 2.7% year-over-year increase in average rent across all property types, reaching $1,576 per month in 2024. Breaking down by bed count, 1-bedrooms saw a 4.8% increase to $1,569, while 3-bedrooms experienced a significant 58.9% jump to $2,334. Conversely, 2-bedrooms and studios saw decreases of 12% and 2.1%, respectively.

In terms of seasonality, December is the most expensive month to rent, with prices 5.9% higher than in April, the least expensive month. This trend suggests that renters looking for a better deal should consider apartment hunting in the spring. Overall, the University neighborhood offers a range of options for renters, with varying price points depending on the time of year and bed count.

Why University, Cleveland is a great place to live

University is a top choice for renters prioritizing environmental sustainability and social living. According to 2024 data, apartments in University often feature eco-friendly amenities like non-toxic paint, waste recycling, and rainwater harvesting, making it easier to maintain a sustainable lifestyle at home. The neighborhood's high walk score and transit score also support an eco-friendly lifestyle outside of the home. Additionally, University's vibrant social scene is fueled by its numerous restaurants, entertainment venues, and safe streets. With its excellent transit frequency, residents can easily get around to meet up with friends, making it an ideal spot for renters who value social connections.