Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Amherst & Beyond
Amherst shares many of the great qualities that make Ohio a desirable place to live.
Ohio has rolling hills, scenic countryside, and friendly people. Immerse yourself in Ohio's cultural heritage by visiting iconic sites like the Rock and Roll Hall of Fame, the Cincinnati Museum Center, and the National Museum of the United States Air Force. Ohio is also home to renowned universities like Ohio State University and the University of Cincinnati, where you can take your knowledge further. In addition, the economy of Ohio is thriving with solid manufacturing, finance, and healthcare industries.
It's also a paradise for outdoor enthusiasts with its picturesque parks and recreational areas, such as the Hocking Hills, the Cuyahoga Valley National Park, and the Great Lakes. Ohio is also home to several sports teams, including the Cleveland Browns (NFL), Cincinnati Bengals (NFL), Cleveland Indians (MLB), Cincinnati Reds (MLB), and Cleveland Cavaliers (NBA). In addition, discover iconic attractions like the Pro Football Hall of Fame, the Rock and Roll Hall of Fame, Columbus Zoo, and Cincinnati Zoo.
Whether you are looking for a bustling city or quiet countryside, Ohio has something for everyone, making it a great place to live.
Rental Market Trends
Amherst, OH
As of June 2026, Amherst's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Amherst's average rent is 35.7% ($463) higher than the Ohio average of $1,296 and 2.1% ($38) lower than the U.S. average of $1,797.
Average Rent
$1,759
Monthly ChangeMonth Over Month Change
39.5% ($498)
Yearly ChangeYear Over Year Change
121% ($963)
Avg. Days on MarketAverage Days on Market
33
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,513 | 42.9% ($454) | 136% ($872) |
| 2 Beds | $1,918 | 41.8% ($565) | 141.9% ($1125) |
| 3 Beds | $2,127 | 41% ($618) | 116.4% ($1144) |
| Nearby Cities | Average Rent | Avg. Rent vs. AmherstAverage Rent vs. Amherst | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Lorain | $1,027 | 41.6% ($732) | 35 days |
| Elyria | $917 | 47.9% ($842) | 31 days |
| Sheffield Lake | $1,107 | 37.1% ($652) | 29 days |
| Grafton | $1,400 | 20.4% ($359) | 27 days |
| Avon | $2,339 | 33% ($580) | 30 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Amherst Rental Market FAQs
Explore rental prices, market trends, and availability in Amherst, OH.
The average rent in Amherst, OH is $1,759 per month.
Homes in Amherst typically rent for between $1,059 and $2,765 per month, with an average of $1,759 per month.
In Amherst, the average rent for a 1-bedroom home is $1,513 per month, for a 2-bedroom home, $1,918 per month, and a 3-bedroom home is $2,127 per month.
The average rent in Amherst is 2.1% ($38) lower than the national average of $1,797 per month.
The average rent in Amherst has increased by 39.5% ($498) in the last month and increased by 121.0% ($963) over the past year.
The rental market in Amherst, OH, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Amherst, OH, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 2 rental properties available in Amherst, OH.
Based on the current averages, a household would need an annual income of $76,720 to comfortably afford a 2-bedroom home in Amherst.
