Kettering, 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 Kettering, Ohio rental market.

Highlights

An apartment for rent in Kettering, Ohio typically goes for $1,191 per month, while a single-family home for rent in Kettering, Ohio has a monthly cost of around $1,285. Renter-occupied units make up 36% of the local housing market, while the rental vacancy rate in Kettering, Ohio is at 1.3.

Kettering, Ohio

Average Apartment Rent

$1,191

Y-o-Y Change in Average
Apartment Rent

6.1%

Average Single-Family Rent

$1,285

As of November 2024

Compared to a year ago, Kettering, Ohio apartments have recorded a 6.1% rent increase.

Kettering, Ohio Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Kettering $939 $958 $992 $1,028 $1,064 $1,095 $1,122 $1,118 $1,136 $1,191
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Kettering
National
Nov 2021
$939
$1,596
Mar 2022
$958
$1,635
Jul 2022
$992
$1,708
Nov 2022
$1,028
$1,726
Mar 2023
$1,064
$1,714
Jul 2023
$1,095
$1,739
Nov 2023
$1,122
$1,733
Mar 2024
$1,118
$1,727
Jul 2024
$1,136
$1,752
Nov 2024
$1,191
$1,748

Kettering, Ohio Average Apartment Rent

Kettering, Ohio Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 47.08%, apartments priced $1,000 - $1,500 represent the bulk of Kettering, Ohio rentals, while condos priced Over $2,000 hold the lowest share of the market – 4.57%.

Kettering, Ohio Housing tenure**

Renter occupied housing units 9,449
Owner occupied housing units 16,906

Renters take up 36% of Kettering, Ohio real estate, occupying a total of 9,449 units, while homeowners live in 16,906 properties.

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

4.4

Renter median household income**

$41,772

Average household size of renter-occupied housing units**

1.89

Rental vacancy rate**

1.3%

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

No bedrooms 406
1 bed 2,294
2 beds 4,247
3 beds 2,279
4 beds 150
5 or more beds 73

There are 4,247 rentals in Kettering, Ohio with 2 beds making up the highest share of the market, at 45%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 73 units. Overall, the median number of rooms in Kettering, Ohio homes for rent is 4.4.

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

15 - 24 years 939
25 - 34 years 2,649
35 - 44 years 1,510
45 - 54 years 1,070
55 - 59 years 634
60 - 64 years 630
65 - 74 years 1,000
75 - 84 years 597
85 years and over 420

Most condos for rent in Kettering, Ohio are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.

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

Family households 3,916
Non-Family Households 5,533

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

With related children of the householder under 18 2,194
No related children of the householder under 18 7,255

A total of 3,916 apartments for rent in Kettering, Ohio, or 41% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 2,194 units. All in all, the median size of a renter-occupied household in Kettering, Ohio is 1.89.

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

Less than high school graduate 496
High school graduate (including equivalency) 2,167
Some college or associate's degree 3,902
Bachelor's degree or higher 2,884

In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Kettering, Ohio.

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

Built 2010 - 2019 188
Built 2000 - 2009 242
Built 1990 - 1999 633
Built 1980 - 1989 1,061
Built 1970 - 1979 2,006
Built 1960 - 1969 1,947
Built 1950 - 1959 1,941
Built 1940 - 1949 986
Built 1939 or earlier 445

The highest share of Kettering, Ohio apartment rentals, namely 21% or 2,006 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (21%, 1,947 units), and the ones Built 1950 - 1959 (21%, 1,941 units).

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

Moved in 2021 or later 822
Moved in 2018 to 2020 3,343
Moved in 2010 to 2017 4,053
Moved in 2000 to 2009 835
Moved in 1990 to 1999 206
Moved in 1989 or earlier 190

Median year renter moved into unit 2017

Most Kettering, Ohio renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Kettering, Ohio condos for rent is 2017.

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

No vehicle available 1,223
1 vehicle available 4,970
2 vehicles available 2,728
3 vehicles available 461
4 or more vehicles available 67

When it comes to transportation options, 53% of Kettering, Ohio renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 13% have No vehicle available.

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

Car, truck, or van - drove alone 7,440
Car, truck, or van - carpooled 1,011
Public transportation (excluding taxicab) 220
Walked 201
Taxicab, motorcycle, bicycle, or other means 51
Worked at home 482

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

Same house as 1 year ago 13,477
Moved within same county 2,748
Moved from different county within same state 527
Moved from different state 580
Moved from abroad 188

Kettering, 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 Kettering, 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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