Average Rent in Lakewood, OH and Rent Price Trends

Rent trends in Lakewood, OH

Average rent prices in Lakewood have decreased by 6% over the last month and have increased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Lakewood, OH

Rent prices in Lakewood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lakewood is $1,170, whereas a house costs $1,950. 1-bedroom apartments in Lakewood run $1,050 on average, while 2-bedroom apartments are $1,350.


Studio	$850	3%	7%
1 bedroom	$1,050	2%	1%
2 bedroom	$1,395	2%	1%
3 bedroom	$1,900	7%	2%
4 bedroom	$2,000	9%	32%

		Listings
Lakewood	$1,295


Apartments	$1,170	1%	No Change
Condos	$1,500	12%	No Change
Houses	$1,950	2%	No Change
Rooms	$835	No Change	-

Studio

Average rent

$850

Last 30 days

Last year

1 bedroom

Average rent

$1,050

Last 30 days

Last year

2 bedroom

Average rent

$1,395

Last 30 days

Last year

3 bedroom

Average rent

$1,900

Last 30 days

Last year

4 bedroom

Average rent

$2,000

Last 30 days

Last year

32%

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.

How does rent in Lakewood, OH compare to other cities?

Compare median rent prices in Lakewood and Bedford by all bedroom counts and property types.

Lakewood

Median rent price$1,295

34%

lower than the national median

Median rent price$1,300

33%

lower than the national median

Takeaway

The median rent for all rentals in Lakewood, OH is equal to the median rent in Bedford, OH.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,300

$1,250

$1,250

$1,280

$1,350

$1,495

$1,385

$1,575

$1,500

$1,747

$1,350

$1,939

Discover rentals in Lakewood, OH

5d+ ago

Apartment for rent in Lakewood

12501 Plover St #1, Lakewood, OH 44107

2 beds

1 bath

$975

Apartment for rent

Available Apr 1

5d+ ago

7.9

Very good

325 - Ridgewood

1459 Ridgewood Avenue, Lakewood, OH 44107

2 beds

1 bath

$995

Apartment for rent

2d ago

Apartment for rent in Lakewood

Woodward - 4

1670 Woodward Avenue4 #4, Lakewood, OH 44107

2 beds

1 bath

$1,025

Apartment for rent

Available Jun 1

2d ago

7.9

Very good

Woodward

16400 Madison Ave, Lakewood, OH 44107

2 beds

1 bath

$1,025

Apartment for rent

17h ago

8.3

Very good

1281 Clifton Prado

1281 Clifton Prado, Lakewood, OH 44107

2 beds

1 bath

$1,100

Apartment for rent

3d ago

8.3

Very good

Waterbury1647

1647 Waterbury Rd, Lakewood, OH 44107

2 beds

1 bath

$1,100

Apartment for rent

5d+ ago

Apartment for rent in Lakewood

2171 Olive Ave #2, Lakewood, OH 44107

2 beds

1 bath

$1,150

Apartment for rent

5d+ ago

Apartment for rent in Lakewood

12050 Lake Ave #310, Lakewood, OH 44107

2 beds

1 bath

$1,200

Apartment for rent

Stay up to date with rental market insights

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Annual Rent Report

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Frequently asked questions for Lakewood, OH

Quick answers to common questions about the Lakewood rental market.

How much is rent in Lakewood?

The average rent in Lakewood is $1,295 per month as of May 23, 2026.

Is rent up or down in Lakewood?

Average rent prices in Lakewood have decreased by 6% over the last month and have increased by 4% since last year.

How does Lakewood rent compare to the national average?

Rent in Lakewood is 34% below the national average, which means renters are paying approximately $655 less per month.

What salary do I need to afford rent in Lakewood?

To comfortably afford rent in Lakewood, you'd need to earn approximately $52,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lakewood?

Lakewood's 2025 rental market shows one-bedroom apartments averaging around $900 per month, while two-bedroom units average around $1,300 monthly. One-bedroom rents dropped 1.4% from the previous year, whereas two-bedroom prices rose 3.0% year over year.

Methodology

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).

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