Grove City, 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 Grove City, Ohio rental market.
An apartment for rent in Grove City, Ohio typically goes for $1,233 per month, while a single-family home for rent in Grove City, Ohio has a monthly cost of around $2,017. Renter-occupied units make up 28% of the local housing market, while the rental vacancy rate in Grove City, Ohio is at 5.1.
Grove City, Ohio
Average Apartment Rent in August 2022
Y-o-Y Change in Average
Average Single-Family Rent in August 2022
Compared to a year ago, Grove City, Ohio apartments have recorded a 17.3% rent increase.
Grove City, Ohio |Average apartment rent trend
Grove City, Ohio| Average apartment rent
Grove City, Ohio | Apartment rent ranges
At 66.19%, apartments priced $1,000 - $1,500 represent the bulk of Grove City, Ohio rentals, while condos priced Over $2,000 hold the lowest share of the market – 0.98%.
Grove City, Ohio | Housing tenure**
Renters take up 28% of Grove City, Ohio real estate, occupying a total of 4,575 units, while homeowners live in 11,676 properties.
Median number of rooms of renter-occupied housing units**
Renter median household income**
Average household size of renter-occupied housing units**
Rental vacancy rate**
Grove City, Ohio | Renter-occupied housing units by no. of bedrooms**
There are 2,185 rentals in Grove City, Ohio with 2 beds making up the highest share of the market, at 48%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 37 units. Overall, the median number of rooms in Grove City, Ohio homes for rent is 4.5.
Grove City, Ohio |Renter-occupied units by age of householder**
Most condos for rent in Grove City, Ohio are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 25 - 34 years age group (26%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Grove City, Ohio | Renter-occupied housing units by family type**
Grove City, Ohio | Renter-occupied housing units by the presence of own children**
A total of 2,656 apartments for rent in Grove City, Ohio, or 58% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 1,724 units. All in all, the median size of a renter-occupied household in Grove City, Ohio is 2.37.
Grove City, Ohio | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 32% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Grove City, Ohio.
Grove City, Ohio | Renter-occupied units by year structure built**
The highest share of Grove City, Ohio apartment rentals, namely 20% or 903 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (19%, 854 units), and the ones Built 1960 - 1969 (14%, 652 units).
Grove City, Ohio | Renter-occupied units by year householder moved in**
Median year renter moved into unit2016
Most Grove City, Ohio renters (44%) moved in 2015 to 2016, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Grove City, Ohio condos for rent is 2016.
Grove City, Ohio | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Grove City, Ohio renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 15% have 3 vehicles available.
Grove City, Ohio | Means of transportation to work of householders living in renter-occupied housing units**
Grove City, Ohio |Geographical mobility in the past year for householders living in renter-occupied housing units**
Grove City, Ohio | Average apartment rent by zip codes
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 Grove City, 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, 2020 American Community Survey 5-Year Estimates