4

Oberlin, OH Townhomes for Rent

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  • /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
  • /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

Frequently Asked Questions

How much does it cost to rent a townhouse in Oberlin, OH?
The median rent for a townhouse in Oberlin, OH is $1,500 per month, though prices vary by neighborhood, size, and property type. As of June 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 Home Trends

Number of Townhouses for Rent
2
Median Townhouse Rent
$1,500
How to Rent a Home