Sixteen Mile Stand, 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 Sixteen Mile Stand, Ohio rental market.
Sixteen Mile Stand, 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, Sixteen Mile Stand, Ohio apartments have recorded a 2.9% rent increase.
Sixteen Mile Stand, Ohio Average apartment rent trend
Sixteen Mile Stand, Ohio Average Apartment Rent
Sixteen Mile Stand, Ohio Apartment rent ranges
At 41.84%, apartments priced $1,000 - $1,500 represent the bulk of Sixteen Mile Stand, Ohio rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.75%.
Sixteen Mile Stand, Ohio Housing tenure**
Renters take up 44% of Sixteen Mile Stand, Ohio real estate, occupying a total of 616 units, while homeowners live in 773 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$85,405
Average household size of renter-occupied housing units**
2.2
Rental vacancy rate**
6.2%
Sixteen Mile Stand, Ohio Renter-occupied housing units by no. of bedrooms**
There are 423 rentals in Sixteen Mile Stand, Ohio with 2 beds making up the highest share of the market, at 69%. Units with 3 beds, on the other hand, hold the lowest percentage (5%), amounting to 29 units. Overall, the median number of rooms in Sixteen Mile Stand, Ohio homes for rent is 4.
Sixteen Mile Stand, Ohio Renter-occupied units by age of householder**
Most condos for rent in Sixteen Mile Stand, Ohio are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Sixteen Mile Stand, Ohio Renter-occupied housing units by family type**
Sixteen Mile Stand, Ohio Renter-occupied housing units by the presence of own children**
A total of 288 apartments for rent in Sixteen Mile Stand, Ohio, or 47% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 219 units. All in all, the median size of a renter-occupied household in Sixteen Mile Stand, Ohio is 2.2.
Sixteen Mile Stand, Ohio Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 64% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Sixteen Mile Stand, Ohio.
Sixteen Mile Stand, Ohio Renter-occupied units by year structure built**
The highest share of Sixteen Mile Stand, Ohio apartment rentals, namely 45% or 279 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (22%, 137 units), and the ones Built 2000 - 2009 (14%, 89 units).
Sixteen Mile Stand, Ohio Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Sixteen Mile Stand, Ohio renters (46%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Sixteen Mile Stand, Ohio condos for rent is 2018.
Sixteen Mile Stand, Ohio Renter-occupied housing units by vehicles available**
When it comes to transportation options, 63% of Sixteen Mile Stand, Ohio renters have 1 vehicle available per household, 18% of them have 2 vehicles available, and 11% have No vehicle available.
Sixteen Mile Stand, Ohio Means of transportation to work of householders living in renter-occupied housing units**
Sixteen Mile Stand, 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 Sixteen Mile Stand, 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
