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Studio Apartment for Rent in Ravenna, OH

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    Starting at $725 Per Month

    • Studio - 2 Beds

    668 Page St, Ravenna, OH 44266

    Ravenna's New Standard of Living!Residents of The Novo Apartments enjoy a new living experience in Ravenna Ohio. Introducing a new standard of living to Ravenna with perfectly appointed Studio, 1 and 2 bedroom apartments. Newly renovated apartments that include modern kitchen layouts, luxury vinyl plank flooring, modern fixtures and paint schemes that bring the property to life.

    The Novo Apartments

    (234) 230-6364

    668 Page St, Ravenna, OH 44266

Why Live in Ravenna

Ravenna is a small, historic city. Located 17 miles southeast of Akron, it features a compact layout with most amenities within a half-mile radius. Main Street, lined with brick-faced buildings from the mid-to-late 1800s, serves as the city's central hub, dividing it into north and south sections. Residential areas boast grassy front lawns and historic homes, with common styles including bungalow and Cape Cod. Many homes date back to the mid-1800s and have been renovated to maintain their historical integrity. Recreational opportunities abound with three parks: Ravenna City Park, Ravenna Community Playground and Havre's Woods Park. Ravenna City Park, the largest at 25 acres, hosts public events like the Reedfest Summer Kick-Off. Dining options are plentiful, with Guido's Pizza on Main Street being a local favorite. The nearby Ravenna 7 Movies theater adds to the city's entertainment features. Annual events such as the Ravenna Balloon A-Fair in September bring the community together with hot air balloons, parades and various festivities. Despite its many attractions, Ravenna faces practical challenges, including frequent small flood zones that can affect residential areas. The city is well-connected, with PARTA bus routes and proximity to Interstate 76, making commuting convenient.

Frequently Asked Questions

How much does it cost to rent a home in Ravenna, OH?
The median rent for a home in Ravenna, OH is $1,900 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Ravenna, OH?
To comfortably afford the median rent in Ravenna, OH, a household needs to earn roughly $76,000 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 $1,900 per month in Ravenna, OH, renters typically need to show $5,700 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 Ravenna, OH?
In Ravenna, OH, the price-to-rent ratio is 8.2, 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 in Ravenna, OH

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,900
Median Single Family Home Rent
$1,900
Median Condo Rent
$725
How to Rent a Home