10

Studio Apartments for Rent in Painesville, OH

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    Starting at $1,208 Per Month

    • Studio - 2 Beds

    257 E Main St, Painesville, OH 44077

    our next home is waiting for you here at Grand River Walk, a charming community of studio, one and two bedroom apartments located near the heart of Painesville, OH. Inside these spacious floor plans, you'll discover cozy interiors complete with all the modern conveniences you desire. Outside your apartment, the community's inviting amenities provide the perfect opportunity to relax and enjoy the

    Grand River Walk

    257 E Main St, Painesville, OH 44077
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    Starting at $1,079 Per Month

    • Studio - 2 Beds

    120 Nye Rd, Painesville, OH 44077

    Nye Park Apartments is located in Painesville Township, Ohio on the border of Mentor, Ohio, near Route 20. This community offers newly renovated spacious 1 bedroom ranch style apartments and 2 bedroom and 3 bedroom town houses for rent that feature private patios, new laundry facility and parking in front of most apartment doors. Your newly renovated apartment home is close to downtown Mentor

    Nye Park Apartments

    120 Nye Rd, Painesville, OH 44077

Why Live in Painesville

Painesville, OH, located 30 miles east of Cleveland along the Grand River, is a small city with a population of about 20,000 residents. As the county seat of Lake County, Painesville has a rich history dating back to 1800 and has evolved from a vacation destination to an industrial hub. The city is known for its diversity, with a significant Hispanic population contributing to a vibrant cultural scene, including numerous Hispanic restaurants and summer events. The commercial landscape features a mix of local chains and mom-and-pop shops, particularly concentrated around South State Street and Main Street. The Painesville Farmers Market, held every Thursday from June through September, is a local favorite. Outdoor enthusiasts will appreciate the city's dozen parks and proximity to Lake Erie, just 2 miles north. Kiwanis Recreation Park offers various amenities, including river fishing and disc golf, while Headlands Beach State Park, 3 miles away, boasts Ohio's largest beach. Annual events like Hispanic Heritage Month and El Grito celebrate the city's cultural diversity, alongside other festivities such as Fall Fest and the Summer Kick Off Block Party. Housing in Painesville ranges from older homes needing some care to new traditional builds in neighborhoods like Heisley Park. The city is served by the Painesville City Local School District and Lake Erie College. Major highways, including Lakeland Freeway and Ohio state Route 44, facilitate commutes, while Cleveland Hopkins International Airport, 40 miles west, offers extensive travel options. Painesville experiences all four seasons with moderate weather patterns and occasional lake-effect snow in winter.

Frequently Asked Questions

How much does it cost to rent a home in Painesville, OH?
The median rent for a home in Painesville, OH is $1,390 per month, though prices vary by neighborhood, size, and property type. As of June 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 Painesville, OH?
To comfortably afford the median rent in Painesville, OH, a household needs to earn roughly $55,600 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 $1,390 per month in Painesville, OH, renters typically need to show $4,170 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 Painesville, OH?
In Painesville, OH, the price-to-rent ratio is 13.5, 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.
What neighborhoods in Painesville, OH are best for renting a home?
The best neighborhood for renting in Painesville, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Cedar-Fairmount, University Circle and Buckeye-Shaker, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,390
Median Single Family Home Rent
$1,500
Median Condo Rent
$1,700
How to Rent a Home