City Report · OH

Shaker Heights

Pop. 28,922·37th most expensive in Ohio·Shaker Heights rents have dropped 6.5%, currently a renter's market
Median rent (all units)
$1,706/mo
Year-over-Year
-6.5%
Month-over-Month
-0.2%
vs US Median
-$259
Stable (Monthly)
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Most AffordableMost Expensive
Shaker Heights · $1,706
More affordable than 61% of US cities · National median $1,965/mo
Rent Reality Score
80/100
Great value
OverheatedFairGreat value

Rents are 15% below what Shaker Heights's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,706/mo
Expected by trend
$2,005/mo
The Rent Reality Score compares today's median rent to where Shaker Heights's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,030
1 BR
$1,165
2 BR
$1,415
3 BR
$1,820
4 BR+
$1,950
Research median
$1,415/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
$20,472/yr
At $1,706/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 6.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-6.5% YoY, -0.2% MoM), not inventory.
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Demographics

Who lives here

Shaker Heights, OH is majority owner-occupied, has a large retiree population, has a median income above the national average, 69.3% of residents hold a bachelor's degree or higher.

Population
28,922
Median income
$104,073
Median age
41.8
Renters
39.7%
Age distribution
23.5%
16.8%
27.6%
21.6%
Under 1823.5%
18–3416.8%
35–5427.6%
55–6410.5%
65+21.6%
Gender
46.7%
53.3%
Male46.7%
Female53.3%
Race & ethnicity
55.2%
33.1%
White55.2%
Black33.1%
Hispanic4.3%
Asian3.8%
Other3.6%
Education (25+)
20.3%
69.3%
No HS diploma2.3%
HS diploma8.1%
Some college20.3%
Bachelor's+69.3%
Housing tenure
60.3%
39.7%
Owner60.3%
Renter39.7%

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

2021 vs 2026

How Shaker Heights, OH has changed in 5 years

Rent
$1,325 → $1,706
up 28.8%
Income
$92,463 → $104,073
up 12.6%
Population
29,197 → 28,922
down 0.9%
Renter share
39.1% → 39.7%
+0.6 pts
Bachelor's+
70.5% → 69.3%
-1.2 pts
Median age
40.3 → 41.8
+1.5 yrs

The median rent in Shaker Heights, OH stood at $1,325 in 2021 and currently runs about $1,706, reflecting a 28.8% increase over the period. Household income in the area moved from $92,463 to $104,073 across the same window, up 12.6% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Reading these numbers side by side helps frame whether current listings in Shaker Heights, OH look reasonable against where the market sat half a decade ago.

Community

Discussions about Shaker Heights

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View Shaker Heights rent history (2015–2026) →
Salary vs rent

Can you afford rent in Shaker Heights on your salary?

At $1,706/mo, how Shaker Heights rent compares to typical pay (30% rule).

By apartment size

Shaker Heights rent by bedroom count

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

Local insights

Tips for renters in Shaker Heights

About renting in Shaker Heights, OH

Last updated: July 20, 2026

The median rent in Shaker Heights is $1,706/mo as of July 2026. A studio apartment averages $1,030/mo while a 2-bedroom runs $1,415/mo. One-bedroom apartments average $1,165/mo and 3-bedroom units go for $1,820/mo.

At 20% of local median household income ($104,073/yr), Shaker Heights ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.5% over the past year.

FAQ

Frequently asked questions

Is Shaker Heights an affordable city for renters?

Shaker Heights is considered very affordable for renters. At $1,706/mo, rent takes approximately 20% of the local median household income ($104,073/yr). The standard benchmark is 30%. Shaker Heights falls comfortably within that range.

How much income do you need to rent in Shaker Heights?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,706/mo in Shaker Heights. The local median household income is $104,073/yr, meaning the typical Shaker Heights household meets that threshold.

Is rent going up or down in Shaker Heights?

Rent in Shaker Heights has decreased 6.5% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Shaker Heights neighborhoods have the lowest rent?

The most affordable ZIP codes in Shaker Heights are 44120 ($1,181/mo), and 44122 ($1,985/mo). Citywide, the median rent in Shaker Heights is $1,706/mo.

How does Shaker Heights rent compare to other cities in Ohio?

Shaker Heights is one of the pricier cities in Ohio for rent, ranking #37 out of 128 tracked cities at $1,706/mo.

Which nearby cities are cheaper to rent in than Shaker Heights?

Several nearby cities have lower median rents than Shaker Heights ($1,706/mo): Warrensville Heights ($1,295/mo), Cleveland Heights ($1,490/mo), South Euclid ($1,694/mo).

What percentage of Shaker Heights residents rent vs. own?

According to Census data, approximately 39.7% of Shaker Heights households are renters, while 60.3% are owner-occupied. Shaker Heights leans toward homeownership, which can mean a smaller rental inventory.

How does Shaker Heights rent compare to the national average?

Shaker Heights's median rent of $1,706/mo is $259 (13%) below the US national median of $1,965/mo. Within Ohio, it ranks #37 out of 128 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,706/mo, rent takes ~20% of Shaker Heights's median household income ($104,073/yr). The standard benchmark is 30%.

Shaker Heights 20%Benchmark 30%
State income tax2.75–3.5%
Run the Shaker Heights affordability calculator →
Lowest-rent ZIP codes in Shaker Heights
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Shaker Heights, OH

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