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Oberlin, OH Homes for Rent

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  • /13

    $1,300 - $1,700

    Total Monthly Price

    • 5 Beds
    • 3 Baths
    • 1,360 Sq Ft
    • Townhouse for Rent

    126 E Lorain St, Oberlin, OH 44074

    Updated 5 Bed / 3 Bath Rental Near Downtown Oberlin & Oberlin CollegeSpacious and recently updated 5-bedroom, 3-bathroom unit available in a highly desirable location just minutes from downtown Oberlin and within walking distance to Oberlin College.Enjoy the convenience of being close to everything Oberlin has to offer, including museums, restaurants, local shops, and

    126 E Lorain St, Oberlin, OH 44074
  • /13

    $1,300 - $1,700

    Total Monthly Price

    • 5 Beds
    • 3 Baths
    • 1,360 Sq Ft
    • Townhouse for Rent

    126 E Lorain St, Oberlin, OH 44074

    Updated 5 Bed / 3 Bath Rental Near Downtown Oberlin & Oberlin CollegeSpacious and recently updated 5-bedroom, 3-bathroom unit available in a highly desirable location just minutes from downtown Oberlin and within walking distance to Oberlin College.Enjoy the convenience of being close to everything Oberlin has to offer, including museums, restaurants, local shops, and

    126 E Lorain St, Oberlin, OH 44074

Why Live in Oberlin

Oberlin, OH, is a small city with a rich history of activism and educational equality. Founded in 1833, Oberlin has been a prominent advocate for civil rights and continues to inspire with its social history. Oberlin College, the first coeducational college in the nation, remains a hub for activism and sustainability efforts. The city features walkable residential streets, green spaces, and annual events that foster community spirit. Housing options include Colonial Revivals, Craftsman-style homes, split-level houses, and Victorian homes, supported by programs like the Heritage Home Program. Tappan Square serves as the central green space, hosting events such as the Halloween parade and Campus Illumination. Other attractions include the Oberlin Wetlands Habitat & Park, the Oberlin Recreation Complex, and the historic Apollo Theatre. The Oberlin Heritage Center and the Oberlin Underground Railroad Center offer insights into the city’s abolitionist past. Oberlin promotes sustainable transportation with an electric car share program and an EBus service. The city’s downtown business district is revitalized by the Oberlin Community Improvement Corporation, which supports new and expanding businesses. Oberlin’s commitment to sustainability is evident in its renewable energy usage and the Ecolympics competition. The city experiences low crime rates compared to the national average, with property crime decreasing recently. Cleveland Hopkins International Airport is 30 miles away, providing convenient travel options.

Frequently Asked Questions

How much does it cost to rent a home in Oberlin, OH?
The median rent for a home in Oberlin, OH is $1,700 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Oberlin, OH?
To comfortably afford the median rent in Oberlin, OH, a household needs to earn roughly $68,000 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 $1,700 per month in Oberlin, OH, renters typically need to show $5,100 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 Oberlin, OH?
In Oberlin, OH, the price-to-rent ratio is 12.6, 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.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,700
Median Single Family Home Rent
$1,650
Median Townhouse Rent
$1,500
Median Condo Rent
$1,900
How to Rent a Home