Property prices for rent in Cleveland (Ohio)

The rent prices in real estate in Cleveland, in the Ohio region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

$1,184
Average price last 6 months
$1.23
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cleveland has fallen during the last 6 months. In September, the average price per sq.feet was $1.33. In October this price barely changed remaining at $1.35 per sq.feet. The price for the following two months in (November, December) fell 90 % with regard to the previous two months. The price per sq.feet has fallen 91 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.27 to $1.15 during January, and February.

Average price

When referring to the price in Cleveland (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $1,237. In October This price remains at $1,227. In the following two months the average price has hardly changed with regard to the previous two months from $1,232 to $1,176.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,204.25 to $1,143.5 in January and February.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,175 they are 16 % more affordable than the average price for Cleveland . The properties with the highest average price have 4 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,310.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.14 / sq.feet price in Cleveland. The properties with the most expensive average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.08 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,175 it is 17 % more affordable than the average price in Cleveland. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Detached House". At a price of $2,035 it is 94 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $1.06 / sq.feet followed by "House" priced at $1.07 / sq.feet. "Land" is the most expensive type of property with a $2.12 / sq.feet value followed by "Detached House" with an average price of $1.25 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Cleveland
Number of properties used in region Ohio
$1,175
$1.14
23,342
157,196
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value