Groesbeck, Ohio Rental Market Trends

Disclaimer:

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 Groesbeck, Ohio rental market.

Groesbeck, Ohio

Average Apartment Rent

$1,483

Y-o-Y Change in Average
Apartment Rent

2.9%

As of May 2026

Compared to a year ago, Groesbeck, Ohio apartments have recorded a 2.9% rent increase.

Groesbeck, Ohio Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Groesbeck $1,337 $1,354 $1,375 $1,391 $1,398 $1,422 $1,450 $1,452 $1,460
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Groesbeck
National
Jul 2023
$1,337
$1,741
Nov 2023
$1,354
$1,732
Mar 2024
$1,375
$1,736
Jul 2024
$1,391
$1,756
Nov 2024
$1,398
$1,749
Mar 2025
$1,422
$1,755
Jul 2025
$1,450
$1,767
Nov 2025
$1,452
$1,753
Mar 2026
$1,460
$1,750

Groesbeck, Ohio Average Apartment Rent

Groesbeck, Ohio Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 41.84%, apartments priced $1,000 - $1,500 represent the bulk of Groesbeck, Ohio rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.75%.

Groesbeck, Ohio Housing tenure**

Renter occupied housing units 1,204
Owner occupied housing units 2,120

Renters take up 36% of Groesbeck, Ohio real estate, occupying a total of 1,204 units, while homeowners live in 2,120 properties.

Median number of rooms of renter-occupied housing units**

3.9

Renter median household income**

$43,088

Average household size of renter-occupied housing units**

2.23

Groesbeck, Ohio Renter-occupied housing units by no. of bedrooms**

1 bed 477
2 beds 188
3 beds 314
4 beds 214
5 or more beds 11

There are 477 rentals in Groesbeck, Ohio with 1 bed making up the highest share of the market, at 40%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 11 units. Overall, the median number of rooms in Groesbeck, Ohio homes for rent is 3.9.

Groesbeck, Ohio Renter-occupied units by age of householder**

25 - 34 years 665
35 - 44 years 221
45 - 54 years 46
55 - 59 years 99
60 - 64 years 21
65 - 74 years 34
75 - 84 years 103
85 years and over 15

Most condos for rent in Groesbeck, Ohio are occupied by residents in the 25 - 34 years age group (55%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Groesbeck, Ohio Renter-occupied housing units by family type**

Family households 655
Non-Family Households 549

Groesbeck, Ohio Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 324
No related children of the householder under 18 880

A total of 655 apartments for rent in Groesbeck, Ohio, or 54% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 324 units. All in all, the median size of a renter-occupied household in Groesbeck, Ohio is 2.23.

Groesbeck, Ohio Renter-occupied housing units by educational attainment**

Less than high school graduate 27
High school graduate (including equivalency) 234
Some college or associate's degree 722
Bachelor's degree or higher 221

In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Groesbeck, Ohio.

Groesbeck, Ohio Renter-occupied units by year structure built**

Built 2010 - 2019 14
Built 2000 - 2009 438
Built 1990 - 1999 15
Built 1980 - 1989 151
Built 1970 - 1979 127
Built 1960 - 1969 105
Built 1950 - 1959 292
Built 1940 - 1949 42
Built 1939 or earlier 20

The highest share of Groesbeck, Ohio apartment rentals, namely 36% or 438 units, were Built 2000 - 2009, followed by those Built 1950 - 1959 (24%, 292 units), and the ones Built 1980 - 1989 (13%, 151 units).

Groesbeck, Ohio Renter-occupied units by year householder moved in**

Moved in 2021 or later 17
Moved in 2018 to 2020 479
Moved in 2010 to 2017 449
Moved in 2000 to 2009 259

Median year renter moved into unit 2016

Most Groesbeck, Ohio renters (40%) moved in 2018 to 2020, while only 1% of them moved in 2021 or later. Overall, the median year renters have occupied their Groesbeck, Ohio condos for rent is 2016.

Groesbeck, Ohio Renter-occupied housing units by vehicles available**

No vehicle available 65
1 vehicle available 616
2 vehicles available 440
3 or more vehicles available 83

When it comes to transportation options, 51% of Groesbeck, Ohio renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 7% have 3 or more vehicles available.

Groesbeck, Ohio Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,298
Car, truck, or van - carpooled 22
Public transportation (excluding taxicab) 61
Taxicab, motorcycle, bicycle, or other means 17
Worked at home 80

Groesbeck, Ohio Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,425
Moved within same county 153
Moved from different county within same state 32
Moved from different state 38

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 Groesbeck, 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

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