Bedroom count
Property type
Last updated on August 28, 2026
Last updated on August 28, 2026
Bedroom count
Property type
Lakewood, OH rent slipped 5.5% year over year to a current median of $1,250/month. This is $131 less per month than last year. Rent also increased 7.9% month over month in August 2026, showing a recent upward move after the yearly decline.
Lakewood rent is 35.1% more affordable than the $1,925/month national median. This positions Lakewood as an accessible rental market for renters seeking value.
Studio rents in Lakewood are $799/month, 1-bedrooms $995/month, and 2-bedrooms $1,350/month. Larger units include 3-bedrooms at $1,760/month and 4+ bedrooms at $1,750/month. These figures reflect the range of rents by bedroom count in the city.
The 1-bedroom segment in Lakewood rose 5.3% year over year, diverging from the citywide decline of 5.5%. This indicates a distinct upward trend for 1-bedroom units compared to the overall market.
Median rent in Lakewood
$1,250/mo
vs previous year
The average rent in Lakewood is $1,250 per month as of August 2026. This is 35% below the national average rent, or $675 less per month.
average price per square foot
Available rentals in Lakewood
103
for rent on Zumper.com as of August 2026
Share of Lakewood rentals at each price point
Average rent prices in Lakewood have increased by 8% over the last month and have decreased by 5% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Lakewood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lakewood is $1,150, whereas a house costs $1,500. 1-bedroom apartments in Lakewood run $950 on average, while 2-bedroom apartments are $1,250.
Listings | ||||
|---|---|---|---|---|
Studio | $799 | 9% | 7% | |
1 bedroom | $995 | 3% | 5% | |
2 bedroom | $1,350 | 2% | 7% | |
3 bedroom | $1,760 | 1% | 1% | |
4 bedroom | $1,750 | 6% | 14% |
Listings | ||
|---|---|---|
Lakewood | $1,250 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,150 | 4% | No Change | |
Condos | $1,500 | 3% | No Change | |
Houses | $1,500 | 9% | No Change | |
Rooms | $788 | No Change | - |
Studio
Average rent
$799
Last 30 days
9%
Last year
7%
1 bedroom
Average rent
$995
Last 30 days
3%
Last year
5%
2 bedroom
Average rent
$1,350
Last 30 days
2%
Last year
7%
3 bedroom
Average rent
$1,760
Last 30 days
1%
Last year
1%
4 bedroom
Average rent
$1,750
Last 30 days
6%
Last year
14%
Lakewood
Average rent
$1,250
Apartments
Average rent
$1,150
Last 30 days
4%
Condos
Average rent
$1,500
Last 30 days
3%
Houses
Average rent
$1,500
Last 30 days
9%
Rooms
Average rent
$788
The table above reflects average rent prices in Lakewood, OH, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Lakewood and Bedford by all bedroom counts and property types.
Lakewood
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Lakewood, OH is 10% higher than the median rent in Bedford, OH.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Lakewood rental market.
The average rent in Lakewood is $1,250 per month as of August 22, 2026.
Average rent prices in Lakewood have increased by 8% over the last month and have decreased by 5% since last year.
Rent in Lakewood is 35% below the national average, which means renters are paying approximately $675 less per month.
To comfortably afford rent in Lakewood, you'd need to earn approximately $50,000/year, based on spending no more than 30% of your income on rent.
May offers the best rental deals in Lakewood, with prices running about 22% lower than peak August rates. December also sees less competition among renters compared to the high-demand months of July and March.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).