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Studio Condos for Rent in Norwood, OH

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    $895 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    3943 Elsmere Ave Unit 1R, Cincinnati, OH 45212

    Available September 15, 2026! Updated Studio Apartment in Norwood!This recently renovated studio apartment is located on the first floor of a well-maintained building in Norwood, offering a cozy and affordable place to call home.The kitchen has been completely renovated and features shaker cabinets, a stainless steel oven, refrigerator, dishwasher, and mounted microwave. The

    3943 Elsmere Ave Unit 1R, Cincinnati, OH 45212
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    $865 Per Month

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    5118 Globe Ave Unit 1, Norwood, OH 45212

    Conveniently located in the heart of Norwood, this first-floor studio apartment offers easy access to shopping, dining, and major highways. The efficient layout features a spacious living area, an eat-in kitchen, and a full bathroom. Shared laundry is available in the basement, and the unit includes one off-street parking space. Relax on the covered front porch, reserved exclusively for this

    5118 Globe Ave Unit 1, Norwood, OH 45212

Frequently Asked Questions

How much does it cost to rent a condo in Norwood, OH?
The median rent for a condo in Norwood, OH is $1,373 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Norwood, OH?
To comfortably afford the median rent in Norwood, OH, a household needs to earn roughly $51,800 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 $1,295 per month in Norwood, OH, renters typically need to show $3,885 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 Norwood, OH?
In Norwood, OH, the price-to-rent ratio is 20.3, 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 Norwood, OH are best for renting a condo?
The best neighborhood for renting in Norwood, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Clifton and Over-The-Rhine, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,373
Median 1 Bedroom Condo Rent
$950
Median 2 Bedroom Condo Rent
$1,373
Median 3 Bedroom Condo Rent
$1,995
How to Rent a Home