Painesville, OH Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Painesville is $1,404, a 4.19% decrease compared to the previous year, when the average rent was $1,465.
One-bedroom apartments provide 692 square feet for $1,098, balancing privacy and affordability.
Two-beedroom units at $1,464 offer 1,053 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,416 sq ft) for $1,834, suitable for larger households.
Average rent in Painesville, OH
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,404 | 994 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,098 | 692 sq. ft. |
| 2 Beds | $1,464 | 1,053 sq. ft. |
| 3 Beds | $1,834 | 1,416 sq. ft. |
Painesville, OH rent trends
Rental prices in Painesville, OH have decreased by 4.19% over the past year. The average rent moved from $1,465 to $1,404.
What's the typical rent budget in Painesville, OH?
The largest share of rentals in Painesville, OH (48%) 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 Painesville, OH?
4,160 or 51% of the households in Painesville, OH are renter-occupied while 3,934 or 49% are owner-occupied.
How Painesville Compares to Other Cities
| City | Average Rent |
|---|---|
| Painesville | $1,404 |
| 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 |
| Cleveland Heights, OH | $1,193 |
| Shaker Heights | $1,796 |
| Euclid, OH | $889 |
| Beachwood, OH | $2,108 |
| Garfield Heights, OH | $958 |
| Willoughby, OH | $1,372 |
| Bedford, OH | $976 |
| Chardon, OH | $1,467 |
| East Cleveland, OH | $943 |
| Bedford Heights, OH | $995 |
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 Painesville 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.