Norwood, OH Rental Market Trends
Last updated: February 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Norwood is $1,871, a 0.01% decrease compared to the previous year, when the average rent was $1,872.
Studio Apartments at $1,414 offer the most budget-friendly option with 391 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 663 square feet for $1,608, balancing privacy and affordability.
Two-beedroom units at $1,882 offer 987 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,254 sq ft) for $2,567, suitable for larger households.
Average rent in Norwood, OH
Last updated: February 21, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,871 | 856 sq. ft. |
| Studio | $1,414 | 391 sq. ft. |
| 1 Bed | $1,608 | 663 sq. ft. |
| 2 Beds | $1,882 | 987 sq. ft. |
| 3 Beds | $2,567 | 1,254 sq. ft. |
Norwood, OH rent trends
Rental prices in Norwood, OH have decreased by 0.01% over the past year. The average rent moved from $1,872 to $1,871.
What's the typical rent budget in Norwood, OH?
The largest share of rentals in Norwood, OH (40%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Norwood, OH?
4,650 or 53% of the households in Norwood, OH are renter-occupied while 4,155 or 47% are owner-occupied.
How Norwood Compares to Other Cities
| City | Average Rent |
|---|---|
| Norwood | $1,871 |
| Columbus | $1,341 |
| Cincinnati | $1,445 |
| Cleveland | $1,575 |
| Dayton | $1,093 |
| Northwest Ohio | $1,094 |
| Akron | $1,111 |
| Delaware | $1,414 |
| Toledo | $975 |
| Warren | $918 |
| Westerville | $1,513 |
| Union | $1,348 |
| Covington, KY | $1,502 |
| Sharonville, OH | $1,329 |
| Blue Ash, OH | $1,751 |
| Ft Mitchell, KY | $1,207 |
| Newport, KY | $1,476 |
| Forest Park, OH | $1,278 |
| Dayton, KY | $1,823 |
| Reading, OH | $1,149 |
| Crescent Springs, KY | $1,122 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Norwood apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.