Rental market snapshot for Lakewood, Ohio

Lakewood, Ohio Rental Property Market Overview

Lakewood, Ohio is a vibrant city located in Cuyahoga County. With a population of 50,104 according to the US Census (https://www.census.gov/quickfacts/lakewoodcityohio), Lakewood is a bustling city with plenty of activities and attractions. It is home to a variety of restaurants, shops, and entertainment venues, as well as a number of parks and outdoor spaces. It is also home to the Lakewood Public Library, which offers a variety of resources and programs for the community. Lakewood is a great place to live, work, and play.

The average rent for an apartment in Lakewood is $1,506. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Lakewood Ohio | Cost of Living

  • The most expensive ZIP code in Lakewood is 44107 with an average price of $1,508.
  • The cheapest ZIP code in Lakewood is 44107 with an average price of $1,508.

Lakewood ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
144107$1,508

Live near Lakewood, Ohio's Top Sights and Attractions

Kaufman Park is a large, family-friendly park located in Lakewood, Ohio. It features a variety of outdoor activities, including a playground, walking trails, a fishing pond, and a picnic area. The park also has a large open field, perfect for playing sports or having a picnic. There are also several pavilions available for rent, making it a great spot for birthday parties or other special events.

Lakewood Park is a beautiful outdoor destination located in Ohio. It features a large lake surrounded by lush green grass, trees, and shrubs. Visitors can enjoy a variety of activities such as fishing, boating, swimming, and picnicking. There are also several walking trails, playgrounds, and a disc golf course. The park also hosts a variety of events throughout the year, including concerts, festivals, and outdoor movies.

Madison Park is a picturesque park located on the shores of a large lake. It features a variety of activities, including a playground, picnic areas, a beach, and a boat launch. There are also walking trails, fishing spots, and a variety of wildlife. The park is a great place to relax and enjoy the outdoors.

Lakewood Dog Park is a large, fenced-in area where dogs can run and play off-leash. It features a separate area for small dogs, a large grassy area, and plenty of trees for shade. There are benches for owners to relax and watch their pets, and a water fountain for both humans and dogs. The park also has a few agility obstacles for more active dogs.

Cove Park is a scenic park located on the banks of Lake Erie. It features a large beach area, a playground, picnic areas, and a fishing pier. The park also has a boardwalk that stretches along the lake, providing beautiful views of the lake and the surrounding area. There are also several trails that wind through the park, allowing visitors to explore the natural beauty of the area.

Emerald Necklace Marina is a picturesque marina located on the shores of Lake Erie. It offers a variety of amenities, including a boat launch, boat slips, and a fuel dock. Visitors can enjoy fishing, boating, and other water activities, as well as take in the stunning views of the lake. The marina also features a restaurant, bar, and store, making it a great place to spend the day.

Wagar Park is a beautiful outdoor space located in Lakewood, Ohio. It features a large pond, walking trails, and plenty of green space for picnics and outdoor activities. The park also has a playground, basketball court, and a gazebo for events. The park is a great place to relax and enjoy nature, as well as take part in recreational activities.

Clifton Beach is a popular destination for locals and visitors alike. It is located on the shores of Lake Erie and features a wide, sandy beach with plenty of room to relax and enjoy the sun. The beach is also home to a variety of water activities, including swimming, fishing, and boating. The beach also has a playground, picnic areas, and a boardwalk with shops and restaurants. The views of the lake and the surrounding area are breathtaking and make for a great day out.

Lakewood Mini Park is a small, family-friendly park located in a residential area. It features a playground with swings, slides, and other play equipment, as well as a large grassy area perfect for picnics and outdoor games. There is also a walking path that winds through the park, making it a great spot for a leisurely stroll. The park is well-maintained and provides a peaceful escape from the hustle and bustle of everyday life.

The Oldest Stone House Museum is a historic attraction located in Lakewood, Ohio. It is a two-story stone house built in 1836 and is the oldest standing structure in the city. The museum offers visitors a glimpse into the past with its collection of artifacts and furnishings from the 19th and early 20th centuries. Visitors can explore the house and its grounds, which include a barn, a smokehouse, and a one-room schoolhouse. The museum also hosts a variety of educational programs and events throughout the year.

Lakewood, Ohio area median rent change by ZIP code map

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How does Lakewood compare to other cities in Ohio?

citymedian price
Bellbrook$2,095
South Lebanon$1,975
North Ridgeville$1,825
Sarahsville$1,695
Franklin$1,625
Akron$1,000
East Cleveland$773

Average household income in Lakewood area graph - US Census

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The median household income in Lakewood in 2021 was $57,588. This represents a 30.9% change from 2011 when the median was $43,992.

#categorypercent
0Less than $10,0006.1%
1$10,000 to $14,9995.2%
2$15,000 to $19,9994.2%
3$20,000 to $24,9995.6%
4$25,000 to $29,9994.2%
5$30,000 to $34,9995.7%
6$35,000 to $39,9994.2%
7$40,000 to $44,9995.9%
8$45,000 to $49,9993.5%
9$50,000 to $59,99910.0%
10$60,000 to $74,99910.4%
11$75,000 to $99,99910.8%
12$100,000 to $124,9998.4%
13$125,000 to $149,9994.5%
14$150,000 to $199,9996.4%
15$200,000 or more4.9%

Neighborhoods in Lakewood

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Lakewood is $1,506.
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