Avon Lake, Ohio Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Avon Lake, Ohio rental market.
Avon Lake, Ohio
Average Apartment Rent
$1,753
Y-o-Y Change in Average
Apartment Rent
6%
As of March 2026
Compared to a year ago, Avon Lake, Ohio apartments have recorded a 6% rent increase.
Avon Lake, Ohio Average apartment rent trend
Avon Lake, Ohio Average Apartment Rent
Avon Lake, Ohio Apartment rent ranges
At 58.72%, apartments priced $1,500 - $2,000 represent the bulk of Avon Lake, Ohio rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 4.52%.
Avon Lake, Ohio Housing tenure**
Renters take up 17% of Avon Lake, Ohio real estate, occupying a total of 1,823 units, while homeowners live in 8,601 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$54,766
Average household size of renter-occupied housing units**
1.85
Rental vacancy rate**
2.5%
Avon Lake, Ohio Renter-occupied housing units by no. of bedrooms**
There are 823 rentals in Avon Lake, Ohio with 2 beds making up the highest share of the market, at 45%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 30 units. Overall, the median number of rooms in Avon Lake, Ohio homes for rent is 4.2.
Avon Lake, Ohio Renter-occupied units by age of householder**
Most condos for rent in Avon Lake, Ohio are occupied by residents in the 35 - 44 years age group (22%), followed by those in the 65 - 74 years age group (17%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%.
Avon Lake, Ohio Renter-occupied housing units by family type**
Avon Lake, Ohio Renter-occupied housing units by the presence of own children**
A total of 778 apartments for rent in Avon Lake, Ohio, or 43% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 486 units. All in all, the median size of a renter-occupied household in Avon Lake, Ohio is 1.85.
Avon Lake, Ohio Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Avon Lake, Ohio.
Avon Lake, Ohio Renter-occupied units by year structure built**
The highest share of Avon Lake, Ohio apartment rentals, namely 17% or 317 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (16%, 290 units), and the ones Built 1960 - 1969 (16%, 285 units).
Avon Lake, Ohio Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Avon Lake, Ohio renters (49%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Avon Lake, Ohio condos for rent is 2016.
Avon Lake, Ohio Renter-occupied housing units by vehicles available**
When it comes to transportation options, 49% of Avon Lake, Ohio renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 17% have No vehicle available.
Avon Lake, Ohio Means of transportation to work of householders living in renter-occupied housing units**
Avon Lake, Ohio Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Avon Lake, Ohio apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
