Forest Park, 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 Forest Park, Ohio rental market.
Forest Park, Ohio
Average Apartment Rent
$1,304
Y-o-Y Change in Average
Apartment Rent
2.3%
As of May 2026
Compared to a year ago, Forest Park, Ohio apartments have recorded a 2.3% rent increase.
Forest Park, Ohio Average apartment rent trend
Forest Park, Ohio Average Apartment Rent
Forest Park, Ohio Apartment rent ranges
At 75.48%, apartments priced $1,000 - $1,500 represent the bulk of Forest Park, Ohio rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 0.55%.
Forest Park, Ohio Housing tenure**
Renters take up 43% of Forest Park, Ohio real estate, occupying a total of 3,358 units, while homeowners live in 4,470 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$45,563
Average household size of renter-occupied housing units**
2.35
Rental vacancy rate**
2.1%
Forest Park, Ohio Renter-occupied housing units by no. of bedrooms**
There are 1,117 rentals in Forest Park, Ohio with 2 beds making up the highest share of the market, at 33%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 47 units. Overall, the median number of rooms in Forest Park, Ohio homes for rent is 4.3.
Forest Park, Ohio Renter-occupied units by age of householder**
Most condos for rent in Forest Park, Ohio are occupied by residents in the 45 - 54 years age group (28%), followed by those in the 25 - 34 years age group (28%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Forest Park, Ohio Renter-occupied housing units by family type**
Forest Park, Ohio Renter-occupied housing units by the presence of own children**
A total of 1,754 apartments for rent in Forest Park, Ohio, or 52% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 997 units. All in all, the median size of a renter-occupied household in Forest Park, Ohio is 2.35.
Forest Park, Ohio Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Forest Park, Ohio.
Forest Park, Ohio Renter-occupied units by year structure built**
The highest share of Forest Park, Ohio apartment rentals, namely 32% or 1,075 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (24%, 795 units), and the ones Built 1980 - 1989 (18%, 612 units).
Forest Park, Ohio Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Forest Park, Ohio renters (53%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Forest Park, Ohio condos for rent is 2015.
Forest Park, Ohio Renter-occupied housing units by vehicles available**
When it comes to transportation options, 60% of Forest Park, Ohio renters have 1 vehicle available per household, 18% of them have 2 vehicles available, and 12% have No vehicle available.
Forest Park, Ohio Means of transportation to work of householders living in renter-occupied housing units**
Forest Park, 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 Forest Park, 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
