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RentData.org Logo Cleveland-Elyria-Mentor Fair Market Rent FY 2011 Cleveland-Elyria-Mentor, OH MSA Rental Data

Fair Market Rent Prices in Cleveland-Elyria-Mentor, OH :
$515 $598 $720 $923 $981
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Cleveland-Elyria-Mentor are high compared to the national average. This FMR area is more expensive than 78% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cleveland-Elyria-Mentor is $720 per month.

The previous year, rent for a two-bedroom home was $735 per month. This is a 2.04% decrease year-over-year.

This FMR rate applies to Sharon Center, OH, Kipton, OH, East Claridon, OH, Parkman, OH, Grand River, OH, Westfield Center, OH, Burbank, OH, Chippewa Lake, OH, West Farmington, OH, Spencer, OH and other cities within the region. The Metro Code or CBSA code for this region is METRO17460M17460.

Additionally, This Fair Market Rent (FMR) area Cleveland-Elyria-Mentor, OH MSA spans five counties or cities in Ohio which ares listed in the table below. Estimated population of Cleveland-Elyria-Mentor, OH MSA FMR area is 2,148,143 people based on 2000 Census data.

Compared to the rest of Ohio, the Cleveland-Elyria-Mentor FMR area is more expensive than 91% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Cleveland-Elyria-Mentor. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cleveland-Elyria-Mentor

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 564
1-BR 1-Bedroom $ 643
2-BR 2-Bedroom $ 783
3-BR 3-Bedroom $ 1027
4-BR 4-Bedroom $ 1102
Change Year:

The counties, cities, towns, and regions listed below fall into the Cleveland-Elyria-Mentor, OH MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Cleveland - Akron (Canton) and Youngstown.

County / Region Est. Population
Cuyahoga County, OH Metro 1,393,978
Geauga County, OH Metro 90,895
Lake County, OH Metro 227,511
Lorain County, OH Metro 284,664
Medina County, OH Metro 151,095
Zip Codes in Cleveland-Elyria-Mentor, OH MSA

There are 113 unique zip codes in this Fair Market Rent (FMR) area:

44001, 44011, 44012, 44017, 44021, 44022, 44023, 44024, 44026, 44028, 44033, 44035, 44036, 44039, 44040, 44044, 44045, 44049, 44050, 44052, 44053, 44054, 44055, 44060, 44061, 44065, 44070, 44072, 44073, 44074, 44077, 44080, 44081, 44090, 44092, 44094, 44095, 44096, 44101, 44102, 44103, 44104, 44105, 44106, 44107, 44108, 44109, 44110, 44111, 44112, 44113, 44114, 44115, 44116, 44117, 44118, 44119, 44120, 44121, 44122, 44123, 44124, 44125, 44126, 44127, 44128, 44129, 44130, 44131, 44132, 44133, 44134, 44135, 44136, 44137, 44138, 44139, 44140, 44141, 44142, 44143, 44144, 44145, 44146, 44147, 44149, 44181, 44195, 44199, 44202, 44203, 44212, 44214, 44215, 44217, 44230, 44231, 44233, 44234, 44251, 44253, 44254, 44256, 44258, 44270, 44273, 44274, 44275, 44280, 44281, 44321, 44333 and 44491

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