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 October 2026, Lakewood's rental market is cooling, with rentals spending about 43 days on the market, slower than in Ohio (30), and rents down 0.8% over the past year. Lakewood's average rent is 11.1% ($156) lower than the Ohio average of $1,402 and 40.2% ($836) lower than the U.S. average of $2,082.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,042 | 0.02% | 1.3% ($13) |
| 2 Beds | $1,290 | 0.48% ($6) | 3.6% ($48) |
| 3 Beds | $1,717 | 0.04% ($1) | 0.7% ($11) |
| Nearby Cities | Average Rent | Avg. Rent vs. LakewoodAverage Rent vs. Lakewood | Days on Market |
|---|---|---|---|
| Rocky River | $1,768 | 41.9% ($522) | 47 days |
| Brook Park | $1,190 | 4.5% ($56) | 42 days |
| Bay Village | $2,030 | 62.9% ($784) | 42 days |
| Westlake | $1,867 | 49.8% ($621) | 44 days |
| North Olmsted | $1,448 | 16.2% ($202) | 41 days |
Explore rental prices, market conditions, and affordability in Lakewood, OH.
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