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City Report · OH

North Olmsted

Pop. 31,924·29th most expensive in Ohio·Rental market data updated monthly for North Olmsted, OH
Median rent (all units)
$1,764/mo
Year-over-Year
+4.7%
Month-over-Month
+5.6%
vs US Median
-$201
Rising (Monthly)
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Most AffordableMost Expensive
North Olmsted · $1,764
More affordable than 56% of US cities · National median $1,965/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,764/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$71,000/yr
Local median income
$84,363/yr
Based on the 30%-of-income rule using North Olmsted's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$950
1 BR
$1,070
2 BR
$1,300
3 BR
$1,670
4 BR+
$1,790
Research median
$1,300/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
$21,168/yr
At $1,764/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.7% YoY, +5.6% MoM), not inventory.
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Demographics

Who lives here

North Olmsted, OH is majority owner-occupied, has a large retiree population, 32.3% of residents hold a bachelor's degree or higher.

Population
31,924
Median income
$84,363
Median age
44.5
Renters
21.1%
Age distribution
21.8%
17.2%
24.1%
15.3%
21.6%
Under 1821.8%
18–3417.2%
35–5424.1%
55–6415.3%
65+21.6%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
85.7%
White85.7%
Black3.1%
Hispanic7.5%
Asian1.9%
Other1.8%
Education (25+)
30.1%
33.2%
32.3%
No HS diploma4.4%
HS diploma30.1%
Some college33.2%
Bachelor's+32.3%
Housing tenure
78.9%
21.1%
Owner78.9%
Renter21.1%

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

2021 vs 2026

How North Olmsted, OH has changed in 5 years

Income
$74,569 → $84,363
up 13.1%
Population
32,371 → 31,924
down 1.4%
Renter share
23.3% → 21.1%
-2.2 pts
Bachelor's+
32% → 32.3%
+0.3 pts

Local incomes tracked alongside that move, going from a median of $74,569 in 2021 to $84,363 more recently. The population has contracted by 1.4% since 2021, moving from about 32,371 residents to roughly 31,924. Renters now make up 21.1% of households, compared with 23.3% five years ago.

Community

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View North Olmsted rent history (2015–2026) →
Salary vs rent

Can you afford rent in North Olmsted on your salary?

At $1,764/mo, how North Olmsted rent compares to typical pay (30% rule).

By apartment size

North Olmsted rent by bedroom count

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

Local insights

Tips for renters in North Olmsted

About renting in North Olmsted, OH

Last updated: July 20, 2026

The median rent in North Olmsted is $1,764/mo as of July 2026. A studio apartment averages $950/mo while a 2-bedroom runs $1,300/mo. One-bedroom apartments average $1,070/mo and 3-bedroom units go for $1,670/mo.

At 25% of local median household income ($84,363/yr), North Olmsted ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.7% over the past year.

FAQ

Frequently asked questions

Is North Olmsted an affordable city for renters?

North Olmsted is considered affordable for renters. At $1,764/mo, rent takes approximately 25% of the local median household income ($84,363/yr). The standard benchmark is 30%. North Olmsted falls comfortably within that range.

How much income do you need to rent in North Olmsted?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,764/mo in North Olmsted. The local median household income is $84,363/yr, meaning the typical North Olmsted household meets that threshold.

Is rent going up or down in North Olmsted?

Rent in North Olmsted has increased 4.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does North Olmsted rent compare to other cities in Ohio?

North Olmsted is one of the pricier cities in Ohio for rent, ranking #29 out of 128 tracked cities at $1,764/mo.

Which nearby cities are cheaper to rent in than North Olmsted?

Several nearby cities have lower median rents than North Olmsted ($1,764/mo): Fairview Park ($1,195/mo), Brookpark ($1,600/mo).

What percentage of North Olmsted residents rent vs. own?

According to Census data, approximately 21.1% of North Olmsted households are renters, while 78.9% are owner-occupied. North Olmsted leans toward homeownership, which can mean a smaller rental inventory.

How does North Olmsted rent compare to the national average?

North Olmsted's median rent of $1,764/mo is $201 (10%) below the US national median of $1,965/mo. Within Ohio, it ranks #29 out of 128 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,764/mo, rent takes ~25% of North Olmsted's median household income ($84,363/yr). The standard benchmark is 30%.

North Olmsted 25%Benchmark 30%
State income tax2.75–3.5%
Run the North Olmsted affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near North Olmsted, OH

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