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Studio Apartments for Rent in Willoughby, OH

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  • /47

    Starting at $1,340 Per Month

    • Studio - 1 Bed

    25 Public Square, Willoughby, OH 44094

    Where Historic Character Meets Modern LuxuryDiscover a one-of-a-kind living experience at 25 Public Square, a thoughtfully restored historic school transformed into modern luxury apartments in the heart of downtown Willoughby, Ohio. These newly constructed residences blend timeless architectural character with contemporary design, offering refined finishes, intentional layouts, and the

    25 Public Square

    (440) 336-8509

    25 Public Square, Willoughby, OH 44094
  • /41

    Starting at $1,061 Per Month

    • Studio - 1 Bed

    38025 2nd St, Willoughby, OH 44094

    Located in Historic Downtown Willoughby, M Lofts is only steps away from coffee shops, pubs, galleries, boutiques, parks, and entertainment. This newly-developed community offers 35 luxury one-bedroom and studio apartments equipped with stainless steel appliances, quartz countertops, and in-unit washers and dryers. Welcome to a premier walkable lifestyle.

    M Lofts

    (937) 745-3034

    38025 2nd St, Willoughby, OH 44094

Why Live in Willoughby

Willoughby, OH, is a small city with a population of about 24,000, known for its historic charm and numerous amenities. Residents enjoy a variety of things to do, including visiting local parks such as Chagrin River Park, a 227-acre site popular for hiking, picnicking, and kayaking. Osborne Park, located three miles north, offers cornhole boards, a 9-hole disc golf course, and views of Lake Erie. Classic Park in nearby Eastlake is home to the Lake County Captains, a minor league baseball team, drawing thousands of fans annually. Gully Brook Park serves as a sanctuary for local plant and wildlife species, featuring unique flora like water starwort and pumpkin ash. Willoughby Commons, the largest open-air shopping center in Lake County, includes big-box retailers and national food chains, while downtown Willoughby boasts local mom-and-pop stores and eateries, such as Ballantine and Frank & Tony’s Place. Historic Downtown Willoughby hosts monthly events, including the Heart of Willoughby Outdoor Market and performances by the Fine Arts Association. The Willoughby-Eastlake City School District serves nearly 7,200 students and offers a free fresh produce market. The city is well-connected by U.S. Route 20, State Route 2, and Interstate 90, with Cleveland Hopkins International Airport 30 miles away. Willoughby has low crime rates compared to the national average, though school closures can occur due to severe weather conditions. Homes in Willoughby range from affordable bungalows and Cape Cod-style houses to more expensive Colonials and ranch-style homes.

Frequently Asked Questions

How much does it cost to rent a home in Willoughby, OH?
The median rent for a home in Willoughby, OH is $2,075 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Willoughby, OH?
To comfortably afford the median rent in Willoughby, OH, a household needs to earn roughly $83,000 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 $2,075 per month in Willoughby, OH, renters typically need to show $6,225 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 Willoughby, OH?
In Willoughby, OH, the price-to-rent ratio is 10.7, 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 Willoughby, OH are best for renting a home?
The best neighborhood for renting in Willoughby, 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, Buckeye-Shaker and Midtown Cleveland, each with its own character and price range.

Rental Home Trends in Willoughby, OH

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,075
Median Single Family Home Rent
$1,950
Median Townhouse Rent
$1,600
Median Condo Rent
$1,395
How to Rent a Home