$1,900 Per Month
- 2 Beds
- 2 Baths
- 1,191 Sq Ft
- Condo for Rent
140 Public Square Unit 403, Cleveland, OH 44114
140 Public Square Unit 403, Cleveland, OH 44114
Frequently Asked Questions
How much does it cost to rent a condo in Cleveland, OH?
The median rent for a condo in Cleveland, OH is $1,170 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Cleveland, OH?
To comfortably afford the median rent in Cleveland, OH, a household needs to earn roughly $54,920 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,373 per month in Cleveland, OH, renters typically need to show $4,119 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cleveland, OH?
In Cleveland, OH, the price-to-rent ratio is 11.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cleveland, OH are best for renting a condo?
The best neighborhood for renting in Cleveland, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Tremont, Public Square, West Bank, Warehouse District and Gordon Square Arts District, each with its own character and price range.
