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100 2 Bedroom Apartments for rent in Cleveland, OH

Last updated January 19 at 12:52pm UTC
8207 Beacon Pl
Hough
Cleveland, OH
Updated January 3 at 11:51am UTC
2 Bedrooms
$1,400
220 Fox Hollow Dr
Mayfield Heights
Cleveland, OH
Updated January 5 at 2:01am UTC
2 Bedrooms
$1,300
1451 W 112th St
Edgewater
Cleveland, OH
Updated January 19 at 9:37am UTC
2 Bedrooms
$695
8214 Force Ave
South Broadway
Cleveland, OH
Updated January 18 at 11:05am UTC
2 Bedrooms
$525
13715 Terrace Rd
East Cleveland
Cleveland, OH
Updated January 3 at 1:52am UTC
2 Bedrooms
$500
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January 2018 Cleveland Rent Report

Welcome to the January 2018 Cleveland Rent Report. Cleveland rents declined over the past month. In this report, we'll evaluate trends in the Cleveland rental market, including comparisons to cities throughout the state and nation.

View full Cleveland Rent Report
Rent Report
Cleveland

January 2018 Cleveland Rent Report

Welcome to the January 2018 Cleveland Rent Report. Cleveland rents declined over the past month. In this report, we'll evaluate trends in the Cleveland rental market, including comparisons to cities throughout the state and nation.

Cleveland rents declined over the past month

Cleveland rents have declined 1.4% over the past month, but are up slightly by 1.6% in comparison to the same time last year. Currently, median rents in Cleveland stand at $640 for a one-bedroom apartment and $790 for a two-bedroom. Cleveland's year-over-year rent growth lags the state average of 2.5%, as well as the national average of 2.8%.

Rents rising across cities in Ohio

Throughout the past year, rent increases have been occurring not just in the city of Cleveland, but across the entire state. Of the largest 10 cities that we have data for in Ohio, 9 of them have seen prices rise. The state as a whole logged rent growth of 2.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Dublin is the most expensive of all Ohio's major cities, with a median two-bedroom rent of $1,130; of the 10 largest cities in the state that we have data for, Dublin, is the only major city to see rents fall year-over-year (-0.2%).
  • Cincinnati, Columbus, and Toledo have all experienced year-over-year growth above the state average (4.0%, 3.8%, and 3.5%, respectively).

Cleveland rents more affordable than many large cities nationwide

As rents have increased slightly in Cleveland, a few large cities nationwide have also seen rents grow modestly. Cleveland is still more affordable than most large cities across the country.

  • Cleveland's median two-bedroom rent of $790 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 1.6% rise in Cleveland.
  • While Cleveland's rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in Cleveland than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than three-and-a-half times the price in Cleveland.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.