5

Newest Homes for Rent in Oberlin, OH

Section Image
  • 126 E Lorain St, Oberlin, OH 44074
    126 E Lorain St, Oberlin, OH 44074
    /2

    $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
  • 126 E Lorain St, Oberlin, OH 44074
    126 E Lorain St, Oberlin, OH 44074
    /2

    $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
  • 195 S Professor St Unit Furnished House w 2BR-2BA, Oberlin, OH 44074
    195 S Professor St Unit Furnished House w 2BR-2BA, Oberlin, OH 44074
    195 S Professor St Unit Furnished House w 2BR-2BA, Oberlin, OH 44074
    /19

    $1,900

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 2,100 Sq Ft
    • Condo for Rent

    195 S Professor St Unit Furnished House w 2BR-2BA, Oberlin, OH 44074

    FULLY FURNISHED: Well-Appointed Home; Two Private Bedroom Suites with Ensuite Baths.Located just blocks from Oberlin College and Conservatory, this home is perfect for visiting professors, faculty members, or a professional couple seeking a comfortable and peaceful home during their time in Oberlin. Key Features: *Professional Atmosphere: Ideal for quiet work, relaxation, and

    195 S Professor St Unit Furnished House w 2BR-2BA, Oberlin, OH 44074
Ohio Lorain County Oberlin

Newest Homes for Rent in Oberlin, OH

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 12.5, 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 Trends in Oberlin, OH

There are currently 3 homes available for rent in Oberlin, OH. The median rent is $1,700 per month, with single-family homes renting at $1,650, townhouses at $1,500 and condos at $1,900.

Rental Home Trends

Number of Homes for Rent
3
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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group