27 Apartments under 700 for rent in North Olmsted, OH

Last updated June 24 at 9:16am UTC
Results within 5 miles of North Olmsted, OH
17920 Detroit Ave
West End
Lakewood, OH
Updated June 19 at 5:39pm UTC
1 Bedroom
$625
4400 Rocky River Dr
Kamm's Corners
Cleveland, OH
Updated June 14 at 9:42am UTC
1 Bedroom
$579
21990 River Oaks Dr
Rocky River
Rocky River, OH
Updated May 31 at 11:04am UTC
1 Bedroom
$595
Results within 10 miles of North Olmsted, OH
15644 Madison Ave
Lakewood
Lakewood, OH
Updated June 24 at 9:16am UTC
Studio
$450
1586 Coutant Ave, UP
The Edge
Lakewood, OH
Updated June 23 at 11:25am UTC
3 Bedrooms
$695
13110 Carrington Ave
Puritas - Longmead
Cleveland, OH
Updated June 23 at 9:16am UTC
1 Bedroom
$500
2040 Halstead Ave
Lakewood
Lakewood, OH
Updated June 19 at 5:40pm UTC
1 Bedroom
$545
1383 W 114th St
Edgewater
Cleveland, OH
Updated June 19 at 5:40pm UTC
Studio
$495
1458 W 114th St
Edgewater
Cleveland, OH
Updated June 19 at 5:40pm UTC
1 Bedroom
$595
2236 West 104th St
Cudell
Cleveland, OH
Updated May 31 at 6:07am UTC
2 Bedrooms
$650
3635 Bosworth Rd
West Boulevard
Cleveland, OH
Updated May 26 at 3:58am UTC
1 Bedroom
$550
11825 Longmead Ave
Puritas - Longmead
Cleveland, OH
Updated May 18 at 11:38pm UTC
2 Bedrooms
$525
1444 W River Rd N
Elyria
Elyria, OH
Updated May 16 at 5:58pm UTC
1 Bedroom
$495
227 8th St
Elyria
Elyria, OH
Updated June 21 at 1:25am UTC
2 Bedrooms
$595
3168 W. 86th St.
West Boulevard
Cleveland, OH
Updated June 16 at 10:01am UTC
Studio
$100

June 2018 North Olmsted Rent Report

Welcome to the June 2018 North Olmsted Rent Report. North Olmsted rents declined 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

June 2018 North Olmsted Rent Report

Welcome to the June 2018 North Olmsted Rent Report. North Olmsted rents declined 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 declined moderately over the past month

North Olmsted rents have declined 0.3% over the past month, but have increased slightly by 1.7% in comparison to the same time last year. Currently, median rents in North Olmsted stand at $780 for a one-bedroom apartment and $970 for a two-bedroom. North Olmsted's year-over-year rent growth leads the state average of 1.0%, as well as the national average of 1.5%.

Rents rising across cities in Ohio

Throughout the past year, rent increases have been occurring not just in the city of North Olmsted, 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 1.0% 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 (-1.3%).
  • Fairfield, Cincinnati, and Lakewood have all experienced year-over-year growth above the state average (3.4%, 2.2%, and 2.1%, respectively).

North Olmsted rents more affordable than many large cities nationwide

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

  • North Olmsted's median two-bedroom rent of $970 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.7% increase in North Olmsted.
  • While North Olmsted's rents rose slightly over the past year, the city of Seattle saw a decrease of 0.8%.
  • Renters will find more reasonable prices in North Olmsted than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three 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.