Springboro, 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 Springboro, Ohio rental market.

Springboro, Ohio

Average Apartment Rent

$1,541

Y-o-Y Change in Average
Apartment Rent

1%

As of May 2026

Compared to a year ago, Springboro, Ohio apartments have recorded a 1% rent increase.

Springboro, 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
Springboro $1,383 $1,594 $1,597 $1,583 $1,544 $1,505 $1,535 $1,523 $1,538
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Springboro
National
Jul 2023
$1,383
$1,741
Nov 2023
$1,594
$1,732
Mar 2024
$1,597
$1,736
Jul 2024
$1,583
$1,756
Nov 2024
$1,544
$1,749
Mar 2025
$1,505
$1,755
Jul 2025
$1,535
$1,767
Nov 2025
$1,523
$1,753
Mar 2026
$1,538
$1,750

Springboro, Ohio Average Apartment Rent

Springboro, 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 47.73%, apartments priced $1,000 - $1,500 represent the bulk of Springboro, Ohio rentals, while condos priced Under $1,000 hold the lowest share of the market – 11.98%.

Springboro, Ohio Housing tenure**

Renter occupied housing units 889
Owner occupied housing units 5,861

Renters take up 13% of Springboro, Ohio real estate, occupying a total of 889 units, while homeowners live in 5,861 properties.

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

4.8

Renter median household income**

$83,603

Average household size of renter-occupied housing units**

2.49

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

No bedrooms 31
1 bed 162
2 beds 244
3 beds 356
4 beds 96

There are 356 rentals in Springboro, Ohio with 3 beds making up the highest share of the market, at 40%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 31 units. Overall, the median number of rooms in Springboro, Ohio homes for rent is 4.8.

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

15 - 24 years 157
25 - 34 years 151
35 - 44 years 157
45 - 54 years 180
55 - 59 years 88
60 - 64 years 62
65 - 74 years 44
75 - 84 years 23
85 years and over 27

Most condos for rent in Springboro, Ohio are occupied by residents in the 45 - 54 years age group (20%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.

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

Family households 602
Non-Family Households 287

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

With related children of the householder under 18 279
No related children of the householder under 18 610

A total of 602 apartments for rent in Springboro, Ohio, or 68% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 279 units. All in all, the median size of a renter-occupied household in Springboro, Ohio is 2.49.

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

Less than high school graduate 45
High school graduate (including equivalency) 187
Some college or associate's degree 304
Bachelor's degree or higher 353

In terms of education, renters holding bachelor degrees or higher make up 40% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Springboro, Ohio.

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

Built 2010 - 2019 144
Built 2000 - 2009 106
Built 1990 - 1999 226
Built 1980 - 1989 138
Built 1970 - 1979 94
Built 1960 - 1969 89
Built 1940 - 1949 18
Built 1939 or earlier 74

The highest share of Springboro, Ohio apartment rentals, namely 25% or 226 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (16%, 144 units), and the ones Built 1980 - 1989 (16%, 138 units).

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

Moved in 2021 or later 84
Moved in 2018 to 2020 235
Moved in 2010 to 2017 514
Moved in 2000 to 2009 56

Median year renter moved into unit 2016

Most Springboro, Ohio renters (58%) moved in 2010 to 2017, while only 6% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Springboro, Ohio condos for rent is 2016.

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

No vehicle available 67
1 vehicle available 245
2 vehicles available 432
3 or more vehicles available 145

When it comes to transportation options, 49% of Springboro, Ohio renters have 2 vehicles available per household, 28% of them have 1 vehicle available, and 16% have 3 or more vehicles available.

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

Car, truck, or van - drove alone 1,128
Car, truck, or van - carpooled 40
Walked 7
Worked at home 146

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

Same house as 1 year ago 1,628
Moved within same county 279
Moved from different county within same state 160
Moved from different state 130

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 Springboro, 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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