Willoughby, 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 Willoughby, Ohio rental market.
Willoughby, Ohio
Average Apartment Rent
$1,401
Y-o-Y Change in Average
Apartment Rent
3.4%
As of May 2026
Compared to a year ago, Willoughby, Ohio apartments have recorded a 3.4% rent increase.
Willoughby, Ohio Average apartment rent trend
Willoughby, Ohio Average Apartment Rent
Willoughby, Ohio Apartment rent ranges
At 72.15%, apartments priced $1,000 - $1,500 represent the bulk of Willoughby, Ohio rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.89%.
Willoughby, Ohio Housing tenure**
Renters take up 38% of Willoughby, Ohio real estate, occupying a total of 4,342 units, while homeowners live in 7,178 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$49,242
Average household size of renter-occupied housing units**
1.74
Rental vacancy rate**
4.4%
Willoughby, Ohio Renter-occupied housing units by no. of bedrooms**
There are 2,385 rentals in Willoughby, Ohio with 2 beds making up the highest share of the market, at 55%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 128 units. Overall, the median number of rooms in Willoughby, Ohio homes for rent is 4.2.
Willoughby, Ohio Renter-occupied units by age of householder**
Most condos for rent in Willoughby, Ohio are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (13%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 6%.
Willoughby, Ohio Renter-occupied housing units by family type**
Willoughby, Ohio Renter-occupied housing units by the presence of own children**
A total of 1,322 apartments for rent in Willoughby, Ohio, or 30% of all rentals are family households. Additionally, 15% of rental homes include children under the age of 18 – that’s 647 units. All in all, the median size of a renter-occupied household in Willoughby, Ohio is 1.74.
Willoughby, Ohio Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Willoughby, Ohio.
Willoughby, Ohio Renter-occupied units by year structure built**
The highest share of Willoughby, Ohio apartment rentals, namely 24% or 1,031 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (17%, 721 units), and the ones Built 1980 - 1989 (13%, 561 units).
Willoughby, Ohio Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Willoughby, Ohio renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Willoughby, Ohio condos for rent is 2016.
Willoughby, Ohio Renter-occupied housing units by vehicles available**
When it comes to transportation options, 62% of Willoughby, Ohio renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 10% have No vehicle available.
Willoughby, Ohio Means of transportation to work of householders living in renter-occupied housing units**
Willoughby, 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 Willoughby, 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
