Lakewood 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.
As of September 2026, Lakewood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lakewood's average rent is 6.1% ($80) lower than the Ohio average of $1,318 and 31.5% ($570) lower than the U.S. average of $1,808.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,089 | 0.4% ($4) | 12.2% ($118) |
| 2 Beds | $1,365 | No change | 8% ($101) |
| 3 Beds | $1,649 | 2.6% ($44) | 13.7% ($199) |
| Nearby Cities | Average Rent | Avg. Rent vs. LakewoodAverage Rent vs. Lakewood | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Rocky River | $1,081 | 12.7% ($157) | 33 days |
| Brookpark | $1,088 | 12.1% ($150) | 34 days |
| Westlake | $1,117 | 9.8% ($121) | 38 days |
| Cleveland | $1,175 | 5.1% ($63) | 37 days |
| North Olmsted | $1,414 | 14.2% ($176) | 34 days |
Explore rental prices, market trends, and availability in Lakewood, OH.
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