salaryRent is higher than in 84% of U.S. cities. A typical house costs about 3.6 years of household income. Commutes are short, about 18 minutes. It is a highly educated city: 65.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $96,800 a year. That is $47 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
No. Rent here is more expensive than in most of Ohio. It is number 278 of 288 cities from cheapest to most expensive.
How much do households earn in Beachwood?
Share of households by yearly income. 43.5% of households earn $100,000 or more.
Rent by apartment size in Beachwood
| Size | Beachwood | U.S. average |
|---|---|---|
| 1 bedroom | $2,071 | $1,324 |
| 2 bedrooms | $2,287 | $1,509 |
| 3 bedrooms | $3,408 | $1,698 |
| 4 bedrooms | $3,038 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Beachwood overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Beachwood, so the Ohio figure is shown.
Taxes and bills in Beachwood
Life in Beachwood
Is it cheaper to rent or buy in Beachwood?
Renting is cheaper right now: about $427 a month less.
Owning assumes a typical $410,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $41,030 for the down payment.
Frequently asked questions
What is the average rent in Beachwood, OH?
Renting in Beachwood costs a median of about $2,420 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Beachwood?
To keep rent under 30% of income, you need about $96,800 a year, or $47 an hour at a full-time job.
Is Beachwood cheap or expensive?
Beachwood is rated OK: rent takes 25.2% of the typical household income of $115,128. It ranks 278th cheapest of 288 Ohio cities we track.
How much are property taxes in Beachwood?
The median homeowner in Beachwood pays $7,022 a year in property taxes, about 1.71% of the median home value.
Is Beachwood more expensive than the national average?
Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Beachwood?
The median home value in Beachwood is $410,300, about 3.6 times the typical yearly household income.
13,865 people live in Beachwood. Numbers are typical (middle) values.