Trotwood, 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 Trotwood, Ohio rental market.

Trotwood, Ohio

Average Apartment Rent

$1,000

Y-o-Y Change in Average
Apartment Rent

6.3%

As of November 2024

Compared to a year ago, Trotwood, Ohio apartments have recorded a 6.3% rent increase.

Trotwood, 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
Trotwood $783 $839 $845 $866 $882 $896 $941 $972 $1,000 $1,000
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Trotwood
National
Nov 2021
$783
$1,596
Mar 2022
$839
$1,635
Jul 2022
$845
$1,708
Nov 2022
$866
$1,726
Mar 2023
$882
$1,714
Jul 2023
$896
$1,739
Nov 2023
$941
$1,733
Mar 2024
$972
$1,727
Jul 2024
$1,000
$1,752
Nov 2024
$1,000
$1,748

Trotwood, Ohio Average Apartment Rent

Trotwood, Ohio Apartment rent ranges

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

At 59.24%, apartments priced $700 - $1000 represent the bulk of Trotwood, Ohio rentals, while condos priced $500 - $700 hold the lowest share of the market – 4.9%.

Trotwood, Ohio Housing tenure**

Renter occupied housing units 4,215
Owner occupied housing units 6,018

Renters take up 41% of Trotwood, Ohio real estate, occupying a total of 4,215 units, while homeowners live in 6,018 properties.

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

4.7

Renter median household income**

$34,982

Average household size of renter-occupied housing units**

2.42

Rental vacancy rate**

8.7%

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

No bedrooms 111
1 bed 580
2 beds 1,737
3 beds 1,429
4 beds 302
5 or more beds 56

There are 1,737 rentals in Trotwood, Ohio with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 56 units. Overall, the median number of rooms in Trotwood, Ohio homes for rent is 4.7.

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

15 - 24 years 309
25 - 34 years 734
35 - 44 years 1,126
45 - 54 years 371
55 - 59 years 301
60 - 64 years 422
65 - 74 years 486
75 - 84 years 304
85 years and over 162

Most condos for rent in Trotwood, Ohio are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 25 - 34 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.

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

Family households 2,337
Non-Family Households 1,878

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

With related children of the householder under 18 1,554
No related children of the householder under 18 2,661

A total of 2,337 apartments for rent in Trotwood, Ohio, or 55% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 1,554 units. All in all, the median size of a renter-occupied household in Trotwood, Ohio is 2.42.

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

Less than high school graduate 459
High school graduate (including equivalency) 1,335
Some college or associate's degree 1,804
Bachelor's degree or higher 617

In terms of education, renters holding bachelor degrees or higher make up 15% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Trotwood, Ohio.

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

Built 2010 - 2019 49
Built 2000 - 2009 209
Built 1990 - 1999 389
Built 1980 - 1989 474
Built 1970 - 1979 854
Built 1960 - 1969 853
Built 1950 - 1959 837
Built 1940 - 1949 189
Built 1939 or earlier 361

The highest share of Trotwood, Ohio apartment rentals, namely 20% or 854 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (20%, 853 units), and the ones Built 1950 - 1959 (20%, 837 units).

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

Moved in 2021 or later 225
Moved in 2018 to 2020 1,506
Moved in 2010 to 2017 1,679
Moved in 2000 to 2009 538
Moved in 1990 to 1999 183
Moved in 1989 or earlier 84

Median year renter moved into unit 2016

Most Trotwood, Ohio renters (40%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Trotwood, Ohio condos for rent is 2016.

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

No vehicle available 815
1 vehicle available 2,070
2 vehicles available 910
3 vehicles available 244
4 vehicles available 73
5 or more vehicles available 103

When it comes to transportation options, 49% of Trotwood, Ohio renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 19% have No vehicle available.

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

Car, truck, or van - drove alone 2,858
Car, truck, or van - carpooled 700
Public transportation (excluding taxicab) 233
Walked 48
Worked at home 145

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

Same house as 1 year ago 7,760
Moved within same county 1,784
Moved from different county within same state 153
Moved from different state 167
Moved from abroad 208

Trotwood, 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 Trotwood, 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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