City Report · OH

Centerville

Pop. 25,205·41st most expensive in Ohio·Rental market data updated monthly for Centerville, OH
Median rent (all units)
$1,683/mo
Year-over-Year
-2.0%
Month-over-Month
+0.4%
vs US Median
-$279
Stable (Monthly)
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Most AffordableMost Expensive
Centerville · $1,683
More affordable than 63% of US cities · National median $1,962/mo
Rent Reality Score
66/100
Good value
OverheatedFairGreat value

Rents are 8% below what Centerville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,683/mo
Expected by trend
$1,832/mo
The Rent Reality Score compares today's median rent to where Centerville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$980
1 BR
$1,060
2 BR
$1,360
3 BR
$1,760
4 BR+
$1,950
Fair Market Rent (HUD)
$1,360/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,683 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,196/yr
At $1,683/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-2.0% YoY, +0.4% MoM), not inventory.
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Demographics

Who lives here

Centerville, OH is majority owner-occupied, has a large retiree population, 47.3% of residents hold a bachelor's degree or higher.

Population
25,205
Median income
$85,492
Median age
46.4
Renters
33%
Age distribution
19.3%
18.9%
20%
12.8%
29%
Under 1819.3%
18–3418.9%
35–5420%
55–6412.8%
65+29%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
83.2%
White83.2%
Black6.2%
Hispanic5.7%
Asian2.2%
Other2.7%
Education (25+)
18.3%
32.1%
47.3%
No HS diploma2.3%
HS diploma18.3%
Some college32.1%
Bachelor's+47.3%
Housing tenure
67%
33%
Owner67%
Renter33%

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

2022 vs 2026

How Centerville, OH has changed in 5 years

Rent
$1,492 → $1,683
up 12.8%
Income
$76,565 → $85,492
up 11.7%
Population
24,281 → 25,205
up 3.8%
Renter share
30.1% → 33%
+2.9 pts
Bachelor's+
50.4% → 47.3%
-3.1 pts
Median age
49.4 → 46.4
-3.0 yrs

Compared with 2022, rent in Centerville, OH has climbed by $191 per month, settling near $1,683 after starting the period at $1,492. Local incomes tracked alongside that move, going from a median of $76,565 in 2021 to $85,492 more recently. Headcount in the area went from 24,281 to 25,205 between 2021 and 2024, a 3.8% change. About 33% of households rent today, against 30.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 50.4% to 47.3%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Centerville, OH market of 2022.

Community

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

Can you afford rent in Centerville on your salary?

At $1,683/mo, how Centerville rent compares to typical pay (30% rule).

By apartment size

Centerville rent by bedroom count

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

Local insights

Tips for renters in Centerville

About renting in Centerville, OH

Last updated: August 17, 2026

The median rent in Centerville is $1,683/mo as of August 2026. A studio apartment averages $980/mo while a 2-bedroom runs $1,360/mo. One-bedroom apartments average $1,060/mo and 3-bedroom units go for $1,760/mo.

At 24% of local median household income ($85,492/yr), Centerville ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.0% over the past year.

FAQ

Frequently asked questions

Is Centerville an affordable city for renters?

Centerville is considered very affordable for renters. At $1,683/mo, rent takes approximately 24% of the local median household income ($85,492/yr). The standard benchmark is 30%. Centerville falls comfortably within that range.

How much income do you need to rent in Centerville?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,683/mo in Centerville. The local median household income is $85,492/yr, meaning the typical Centerville household meets that threshold.

Is rent going up or down in Centerville?

Rent in Centerville has decreased 2.0% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Centerville rent compare to other cities in Ohio?

Centerville is one of the pricier cities in Ohio for rent, ranking #41 out of 124 tracked cities at $1,683/mo.

Which nearby cities are cheaper to rent in than Centerville?

Several nearby cities have lower median rents than Centerville ($1,683/mo): Franklin ($1,198/mo), Dayton ($1,245/mo), West Carrollton ($1,263/mo).

What percentage of Centerville residents rent vs. own?

According to Census data, approximately 33% of Centerville households are renters, while 67% are owner-occupied. Centerville leans toward homeownership, which can mean a smaller rental inventory.

How does Centerville rent compare to the national average?

Centerville's median rent of $1,683/mo is $279 (14%) below the US national median of $1,962/mo. Within Ohio, it ranks #41 out of 124 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,683/mo, rent takes ~24% of Centerville's median household income ($85,492/yr). The standard benchmark is 30%.

Centerville 24%Benchmark 30%
State income tax2.75–3.5%
Run the Centerville affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Centerville, OH

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