Newton Falls, 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 Newton Falls, Ohio rental market.

Newton Falls, Ohio

Average Apartment Rent

$943

Y-o-Y Change in Average
Apartment Rent

2.2%

As of March 2026

Compared to a year ago, Newton Falls, Ohio apartments have recorded a 2.2% rent increase.

Newton Falls, 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
Newton Falls $729 $774 $818 $854 $872 $923 $950 $946 $943
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Newton Falls
National
Jul 2023
$729
$1,735
Nov 2023
$774
$1,724
Mar 2024
$818
$1,729
Jul 2024
$854
$1,750
Nov 2024
$872
$1,743
Mar 2025
$923
$1,749
Jul 2025
$950
$1,763
Nov 2025
$946
$1,749
Mar 2026
$943
$1,750

Newton Falls, Ohio Average Apartment Rent

Newton Falls, 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 65.35%, apartments priced Under $1,000 represent the bulk of Newton Falls, Ohio rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 34.65%.

Newton Falls, Ohio Housing tenure**

Renter occupied housing units 1,002
Owner occupied housing units 1,204

Renters take up 45% of Newton Falls, Ohio real estate, occupying a total of 1,002 units, while homeowners live in 1,204 properties.

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

3.9

Renter median household income**

$21,867

Average household size of renter-occupied housing units**

1.73

Rental vacancy rate**

3.3%

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

No bedrooms 40
1 bed 439
2 beds 367
3 beds 116
4 beds 25
5 or more beds 15

There are 439 rentals in Newton Falls, Ohio with 1 bed making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 15 units. Overall, the median number of rooms in Newton Falls, Ohio homes for rent is 3.9.

Newton Falls, Ohio Renter-occupied units by age of householder**

15 - 24 years 79
25 - 34 years 35
35 - 44 years 86
45 - 54 years 264
55 - 59 years 28
60 - 64 years 93
65 - 74 years 93
75 - 84 years 324

Most condos for rent in Newton Falls, Ohio are occupied by residents in the 75 - 84 years age group (32%), followed by those in the 45 - 54 years age group (26%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 3%.

Newton Falls, Ohio Renter-occupied housing units by family type**

Family households 280
Non-Family Households 722

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

With related children of the householder under 18 187
No related children of the householder under 18 815

A total of 280 apartments for rent in Newton Falls, Ohio, or 28% of all rentals are family households. Additionally, 19% of rental homes include children under the age of 18 – that’s 187 units. All in all, the median size of a renter-occupied household in Newton Falls, Ohio is 1.73.

Newton Falls, Ohio Renter-occupied housing units by educational attainment**

Less than high school graduate 106
High school graduate (including equivalency) 690
Some college or associate's degree 176
Bachelor's degree or higher 30

In terms of education, renters holding bachelor degrees or higher make up 3% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Newton Falls, Ohio.

Newton Falls, Ohio Renter-occupied units by year structure built**

Built 2010 - 2019 14
Built 2000 - 2009 30
Built 1990 - 1999 37
Built 1980 - 1989 262
Built 1970 - 1979 318
Built 1960 - 1969 69
Built 1950 - 1959 83
Built 1940 - 1949 112
Built 1939 or earlier 77

The highest share of Newton Falls, Ohio apartment rentals, namely 32% or 318 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (26%, 262 units), and the ones Built 1940 - 1949 (11%, 112 units).

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

Moved in 2021 or later 31
Moved in 2018 to 2020 240
Moved in 2010 to 2017 469
Moved in 2000 to 2009 150
Moved in 1990 to 1999 112

Median year renter moved into unit 2014

Most Newton Falls, Ohio renters (47%) moved in 2010 to 2017, while only 3% of them moved in 2021 or later. Overall, the median year renters have occupied their Newton Falls, Ohio condos for rent is 2014.

Newton Falls, Ohio Renter-occupied housing units by vehicles available**

No vehicle available 292
1 vehicle available 419
2 vehicles available 237
3 vehicles available 37
4 or more vehicles available 17

When it comes to transportation options, 42% of Newton Falls, Ohio renters have 1 vehicle available per household, 29% of them have No vehicle available, and 24% have 2 vehicles available.

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

Car, truck, or van - drove alone 391
Car, truck, or van - carpooled 70
Walked 28
Taxicab, motorcycle, bicycle, or other means 31

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

Same house as 1 year ago 1,442
Moved within same county 137
Moved from different county within same state 79
Moved from different state 62

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 Newton Falls, 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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