Explore Grafton
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How much does it cost to rent a condo in Grafton, OH?
The median rent for a condo in Grafton, OH is $1,175 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Grafton, OH?
To comfortably afford the median rent in Grafton, OH, a household needs to earn roughly $47,000 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 $1,175 per month in Grafton, OH, renters typically need to show $3,525 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 Grafton, OH?
In Grafton, OH, the price-to-rent ratio is 20.8, 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 Grafton, OH are best for renting a condo?
The best neighborhood for renting in Grafton, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Warehouse District and Jefferson, each with its own character and price range.
Condo Rental Trends in Grafton, OH
The median rent is $1,175 per month, with 1-bedroom condos renting at $1,150 and 2-bedroom condos at $1,200.
Rental Home Trends
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Median Condo Rent
$1,175
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Median 1 Bedroom Condo Rent
$1,150
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Median 2 Bedroom Condo Rent
$1,200
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