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Cleveland OH

Current market read
Landlord’s market
ConditionFirm
RentersLandlords
The yearly data reads a landlord's market, and the recent monthly signals are tightening further.
From public data. The situation now, not a forecast.
Renter Google Search InterestGOOGLE · MONTHLY
Rank
22of 43 metros
No change this month
See the full picture with Pro · $39/month

Attention, not a verdict. Google searches for apartments to rent.

Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Tightening lately, asking rents are climbing, as of Jun 2026.
Job growthBLS · MONTHLY
+0.5%
▲ Hiring, past 12 months
JUL ’25JUN ’26
See the 12-month trend with Pro
VacancyCENSUS · 2024
6.3%FIRM
Share of rentals sitting empty
Asking rentZILLOW ZORI · MONTHLY
+3.2%
▲ Year over year
Older annual rent growth, Census
CLEVELAND
+5.3%
US AVG
+4.7%
Median rentCENSUS · 2024
$1,087/mo
Typical rent, 2024 yearly count
See the multi-year trend with Pro
In the news · ClevelandNEWS · DAILY
Game Changers: How Collaboration, Credibility, and Capital Are Rewriting Cleveland’s Real Estate Story13D AGOMarriott to open first branded apartment rental property in Cleveland34D AGO
Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
SUPPLY
DEMAND
Jobs+0.5%
Migration-1.61/1k
SUPPLY
Permits+12.8%
Vacancy6.3%
Rent vs buyFREDDIE MAC · WEEKLY
+$585/mo
Cheaper to rent than buying
$1,087
RENT
$1,672
OWN
Net migrationCENSUS · 2024
−1.61/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.