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79 2 Bedroom Apartments for rent in North Olmsted, OH

Last updated January 23 at 2:16pm UTC
4174 Root Rd, Up unit
Cantebury Woods
North Olmsted, OH
Updated January 23 at 12:28pm UTC
2 Bedrooms
$975
Results within 1 miles of North Olmsted, OH
4096 W. 220th Street
Fairview Park
Fairview Park, OH
Updated January 23 at 12:28pm UTC
2 Bedrooms
$1,350
4311 W. 220th St.
Fairview Park
Fairview Park, OH
Updated January 23 at 12:28pm UTC
2 Bedrooms
$950
22549 Lenox Dr
Fairview Park
Fairview Park, OH
Updated January 23 at 12:37pm UTC
2 Bedrooms
$1,300
22553 Mildred Ave
Fairview Park
Fairview Park, OH
Updated January 23 at 12:37pm UTC
2 Bedrooms
$1,100
6895 Columbia Rd
Olmsted Falls
Olmsted Falls, OH
Updated January 23 at 12:37pm UTC
2 Bedrooms
$1,000
Results within 5 miles of North Olmsted, OH
Beacon Hill West
21465 Detroit Rd
Rocky River, OH
Updated January 23 at 1:22pm UTC
2 Bedrooms
$850
Kensington Club Apartments
680 Smith Ct
Rocky River, OH
Updated January 23 at 1:22pm UTC
2 Bedrooms
$700
Oxford Court
21215 Detroit Rd
Rocky River, OH
Updated January 23 at 1:22pm UTC
2 Bedrooms
$850
1292 Webb Road
Lakewood
Lakewood, OH
Updated January 23 at 12:28pm UTC
2 Bedrooms
$950
1437 Graber Drive
West End
Lakewood, OH
Updated January 23 at 12:28pm UTC
2 Bedrooms
$1,100
2171 Carabel Ave #DWN
Lakewood
Lakewood, OH
Updated January 23 at 12:28pm UTC
2 Bedrooms
$1,099
231 Waverly St
Berea
Berea, OH
Updated January 23 at 12:28pm UTC
2 Bedrooms
$999
1667 CEDARWOOD DR UNIT 309
Westlake
Westlake, OH
Updated January 23 at 12:27pm UTC
2 Bedrooms
$995

January 2019 North Olmsted Rent Report

Welcome to the January 2019 North Olmsted Rent Report. North Olmsted rents increased over the past month. In this report, we'll evaluate trends in the North Olmsted rental market, including comparisons to cities throughout the state and nation.

View full North Olmsted Rent Report
Rent Report
North Olmsted

January 2019 North Olmsted Rent Report

Welcome to the January 2019 North Olmsted Rent Report. North Olmsted rents increased over the past month. In this report, we'll evaluate trends in the North Olmsted rental market, including comparisons to cities throughout the state and nation.

North Olmsted rents increase sharply over the past month

North Olmsted rents have increased 6.0% over the past month, and are up sharply by 12.5% in comparison to the same time last year. Currently, median rents in North Olmsted stand at $870 for a one-bedroom apartment and $1,090 for a two-bedroom. North Olmsted's year-over-year rent growth leads the state average of 0.2%, as well as the national average of 0.9%.

Rents steady across cities in Ohio

Throughout the past year, rent increases have been occurring in the city of North Olmsted, but trends across other cities in the state have varied - of the largest 10 cities that we have data for in Ohio, some have seen decreases while other cities have rents increasing. The state as a whole logged rent growth of 0.2% 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 $1,200; of the 10 largest Ohio cities that we have data for, 5 have seen rents fall year-over-year, with Hamilton experiencing the fastest decline (-5.0%).
  • Dublin, Fairfield, and Cincinnati have all experienced year-over-year growth above the state average (5.8%, 3.0%, and 1.2%, respectively).

North Olmsted rents more affordable than many large cities nationwide

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

  • North Olmsted's median two-bedroom rent of $1,090 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 12.5% rise in North Olmsted.
  • While North Olmsted's rents rose sharply over the past year, many cities nationwide also saw increases, including Phoenix (+3.3%), New York (+2.7%), and Denver (+2.5%).
  • Renters will find more reasonable prices in North Olmsted than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than two-and-a-half times the price in North Olmsted.

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.