At $1,847/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,847 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in North Olmsted changed +4.5% over the year to September 2026. Across the 93 Ohio cities Zillow tracks, the typical change was +4.3%.
Rent rose in 6 of the last 12 months.
30% of the median household income ($84,363) is $2,109 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,790).
Fairview Park, 4 miles away, rents for 30% less ($1,290/mo), about $6,700 a year in savings.
From Zillow's monthly rent index (ZORI) for North Olmsted. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How North Olmsted, OH has changed in 5 years
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.
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Can you afford rent in North Olmsted on your salary?
At $1,847/mo, how North Olmsted rent compares to typical pay (30% rule).
North Olmsted rent by bedroom count
Median rent for each apartment size in North Olmsted. Click any size for full breakdown.
Tips for renters in North Olmsted
Last updated: October 17, 2026
The median rent in North Olmsted is $1,847/mo as of October 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 26% of local median household income ($84,363/yr), North Olmsted ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.
Frequently asked questions
How much income do you need to rent in North Olmsted?
Is rent going up or down in North Olmsted?
How does North Olmsted rent compare to other cities in Ohio?
Which nearby cities are cheaper to rent in than North Olmsted?
At $1,847/mo, rent takes ~26% of North Olmsted's median household income ($84,363/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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