Average Rent in Cleveland, OH
The Fair Market Rent for a 2-bedroom in Cleveland, OH is $1,279 per month, based on HUD data. With a median household income of $68,507, a household would spend 22.4% of income on housing at Fair Market Rent. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $933 |
| 1 Bedroom | $1,058 |
| 2 Bedroom | $1,279 |
| 3 Bedroom | $1,646 |
| 4 Bedroom | $1,760 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $68,507 |
| Rent Burden (2BR FMR / Income) | 22.4% |
| Income Needed for 2BR (30% rule) | $51,160/yr |