States › Ohio › North Olmsted

Is North Olmsted, OH expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,26528% lower than U.S. average
💵 Families earn per year (2026)$90,985about $7,582/month · 4% higher than U.S. average
🔑 House price$219,80034% lower than U.S. average

Rent is lower than in 72% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (78.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $50,600 a year. That is $24 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 147 of 288 cities from cheapest to most expensive.

North Olmsted
$1,265
$1,932
$1,568

How much do households earn in North Olmsted?

Under $25k
10.3%
$25k–50k
19.3%
$50k–100k
37.0%
$100k–150k
20.8%
$150k+
8.9%

Share of households by yearly income. 29.7% of households earn $100,000 or more.

Rent by apartment size in North Olmsted

SizeNorth OlmstedU.S. average
1 bedroom$1,073$1,324
2 bedrooms$1,306$1,509
3 bedrooms$1,533$1,698
4 bedrooms$1,637$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is North Olmsted overall?

Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).

Housing
73
Goods (food, clothes…)
94
Utilities
96
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for North Olmsted, so the Ohio figure is shown.

Taxes and bills in North Olmsted

🏛️ Property tax$4,824a year · 2.19% of home value · U.S. $3,119
⚡ Electric bill$92a month (typical) · U.S. $156

Life in North Olmsted

Commute to work23.9 minU.S.: 26.4 min
College degree32.3%U.S.: 35.7%
Own their home78.9%U.S.: 65.2%
Below poverty line8.3%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in North Olmsted?

Renting is cheaper right now: about $260 a month less.

Renting
$1,265
Owning
$1,525

Owning assumes a typical $219,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,980 for the down payment.

Frequently asked questions

What is the average rent in North Olmsted, OH?

Renting in North Olmsted costs a median of about $1,265 a month in 2026, including utilities. The Ohio median is $1,261.

How much do I need to make to live in North Olmsted?

To keep rent under 30% of income, you need about $50,600 a year, or $24 an hour at a full-time job.

Is North Olmsted cheap or expensive?

North Olmsted is rated Cheap: rent takes 16.7% of the typical household income of $90,985. It ranks 147th cheapest of 288 Ohio cities we track.

How much are property taxes in North Olmsted?

The median homeowner in North Olmsted pays $4,824 a year in property taxes, about 2.19% of the median home value.

Is North Olmsted 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 North Olmsted?

The median home value in North Olmsted is $219,800, about 2.4 times the typical yearly household income.

31,924 people live in North Olmsted. Numbers are typical (middle) values.