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City Report · OH

Beachwood

Pop. 13,865·14th most expensive in Ohio·Beachwood rents are up 5.6% over the past year
Median rent (all units)
$2,034/mo
Year-over-Year
+5.6%
Month-over-Month
+1.4%
vs US Median
+$69
Rising (Monthly)
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Most AffordableMost Expensive
Beachwood · $2,034
More expensive than 61% of US cities · National median $1,965/mo
Rent Reality Score
49/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Beachwood's 10-year trend predicts.

Actual rent
$2,034/mo
Expected by trend
$2,026/mo
The Rent Reality Score compares today's median rent to where Beachwood's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

1 BR
$1,873
2 BR
$2,068
3 BR
$3,082
4 BR+
$2,747
Research median
$2,068/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,408/yr
At $2,034/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.6% YoY, +1.4% MoM), not inventory.
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Demographics

Who lives here

Beachwood, OH is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 65.3% of residents hold a bachelor's degree or higher.

Population
13,865
Median income
$106,748
Median age
48.4
Renters
46.3%
Age distribution
20.9%
16.6%
21.7%
12.4%
28.4%
Under 1820.9%
18–3416.6%
35–5421.7%
55–6412.4%
65+28.4%
Gender
41.8%
58.2%
Male41.8%
Female58.2%
Race & ethnicity
74.4%
White74.4%
Black10.3%
Hispanic1.7%
Asian9.3%
Other4.4%
Education (25+)
12.8%
18.8%
65.3%
No HS diploma3.1%
HS diploma12.8%
Some college18.8%
Bachelor's+65.3%
Housing tenure
53.7%
46.3%
Owner53.7%
Renter46.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Beachwood, OH has changed in 5 years

Rent
$1,743 → $2,034
up 16.7%
Income
$94,274 → $106,748
up 13.2%
Population
13,806 → 13,865
up 0.4%
Renter share
41.4% → 46.3%
+4.9 pts
Bachelor's+
66% → 65.3%
-0.7 pts
Median age
49.2 → 48.4
-0.8 yrs

Across the past five years, the going rent in Beachwood, OH has shifted from $1,743 to $2,034, up 16.7% since 2023. Median household income climbed from $94,274 to $106,748 between 2021 and 2024, a 13.2% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has risen from 41.4% to 46.3%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in Beachwood, OH reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Beachwood rent history (2015–2026) →
Salary vs rent

Can you afford rent in Beachwood on your salary?

At $2,034/mo, how Beachwood rent compares to typical pay (30% rule).

By apartment size

Beachwood rent by bedroom count

Median rent for each apartment size in Beachwood. Click any size for full breakdown.

Local insights

Tips for renters in Beachwood

About renting in Beachwood, OH

Last updated: July 20, 2026

The median rent in Beachwood is $2,034/mo as of July 2026. a 2-bedroom runs $2,068/mo. One-bedroom apartments average $1,873/mo and 3-bedroom units go for $3,082/mo.

At 23% of local median household income ($106,748/yr), Beachwood ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.6% over the past year.

FAQ

Frequently asked questions

Is Beachwood an affordable city for renters?

Beachwood is considered very affordable for renters. At $2,034/mo, rent takes approximately 23% of the local median household income ($106,748/yr). The standard benchmark is 30%. Beachwood falls comfortably within that range.

How much income do you need to rent in Beachwood?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,034/mo in Beachwood. The local median household income is $106,748/yr, meaning the typical Beachwood household meets that threshold.

Is rent going up or down in Beachwood?

Rent in Beachwood has increased 5.6% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Beachwood rent compare to other cities in Ohio?

Beachwood is one of the pricier cities in Ohio for rent, ranking #14 out of 128 tracked cities at $2,034/mo.

Which nearby cities are cheaper to rent in than Beachwood?

Several nearby cities have lower median rents than Beachwood ($2,034/mo): Bedford Heights ($1,086/mo), Warrensville Heights ($1,295/mo), Mayfield Heights ($1,355/mo).

What percentage of Beachwood residents rent vs. own?

According to Census data, approximately 46.3% of Beachwood households are renters, while 53.7% are owner-occupied. Beachwood leans toward homeownership, which can mean a smaller rental inventory.

How does Beachwood rent compare to the national average?

Beachwood's median rent of $2,034/mo is $69 (4%) above the US national median of $1,965/mo. Within Ohio, it ranks #14 out of 128 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $2,034/mo, rent takes ~23% of Beachwood's median household income ($106,748/yr). The standard benchmark is 30%.

Beachwood 23%Benchmark 30%
State income tax2.75–3.5%
Run the Beachwood affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Beachwood, OH

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