Cleveland 1-Bedroom Rent Data - Cleveland - 1

The average rent for a 1-bedroom apartment in Cleveland ranges from $1,150 to $1,350.

In terms of numbers, this is relatively affordable compared to the three major cities in Ohio.

In downtown Cleveland and the waterfront areas like Tremont and Ohio City, properties are increasingly exceeding $1,500 due to redevelopment effects. In contrast, suburban areas like West Park and Brooklyn Center show variations that can drop to just over $1,000.

Studios are around $900, while 2-bedroom apartments are confirmed to be in the range of $1,550 to $1,700. The market structure shows a clear gap between new constructions downtown and older buildings in the suburbs.

The trend over the past year has been a gradual increase. Employment in the healthcare industry centered around the Cleveland Clinic has consistently supported rental demand, resulting in a gradual rise of about 2-4% each year without significant fluctuations, according to the data.

Compared to nearby cities, rents are lower than in Cincinnati and similar or slightly lower than in Columbus. It is often considered one of the major cities in Ohio with the least rental burden.

Areas with a high concentration of Koreans include Solon and Twinsburg. A community has formed around employees of the Cleveland Clinic and their families, with Korean churches and small markets established in the area. Data shows that rents in this region tend to be somewhat higher than the Cleveland average.

For those looking to minimize rental burdens, West Park or Parma are recommended, while Solon is suggested for those considering the Korean community and school districts. Based on the numbers, Cleveland can be evaluated as a region with good rent efficiency relative to the cost of living within Ohio.