Medina, 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 Medina, Ohio rental market.
Medina, Ohio
Average Apartment Rent
$1,455
Y-o-Y Change in Average
Apartment Rent
4.1%
As of May 2026
Compared to a year ago, Medina, Ohio apartments have recorded a 4.1% rent increase.
Medina, Ohio Average apartment rent trend
Medina, Ohio Average Apartment Rent
Medina, Ohio Apartment rent ranges
At 41.63%, apartments priced $1,000 - $1,500 represent the bulk of Medina, Ohio rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.21%.
Medina, Ohio Housing tenure**
Renters take up 31% of Medina, Ohio real estate, occupying a total of 3,263 units, while homeowners live in 7,357 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$39,632
Average household size of renter-occupied housing units**
1.98
Rental vacancy rate**
3.4%
Medina, Ohio Renter-occupied housing units by no. of bedrooms**
There are 1,765 rentals in Medina, Ohio with 2 beds making up the highest share of the market, at 54%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 69 units. Overall, the median number of rooms in Medina, Ohio homes for rent is 4.
Medina, Ohio Renter-occupied units by age of householder**
Most condos for rent in Medina, Ohio are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 65 - 74 years age group (15%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 5%.
Medina, Ohio Renter-occupied housing units by family type**
Medina, Ohio Renter-occupied housing units by the presence of own children**
A total of 1,599 apartments for rent in Medina, Ohio, or 49% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 837 units. All in all, the median size of a renter-occupied household in Medina, Ohio is 1.98.
Medina, Ohio Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Medina, Ohio.
Medina, Ohio Renter-occupied units by year structure built**
The highest share of Medina, Ohio apartment rentals, namely 26% or 841 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (19%, 622 units), and the ones Built 2000 - 2009 (11%, 366 units).
Medina, Ohio Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Medina, Ohio renters (41%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Medina, Ohio condos for rent is 2017.
Medina, Ohio Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Medina, Ohio renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 16% have No vehicle available.
Medina, Ohio Means of transportation to work of householders living in renter-occupied housing units**
Medina, 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 Medina, 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
