Shaker Heights renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Shaker Heights is about $1,338 per month. This puts it in the 94th percentile compared to the state average cost of rent, which is $1,036. Households in Shaker Heights have a median income of $9,624 per month so the average renter in Shaker Heights is spending roughly 14% of their earnings on housing.
Nationally, and in Shaker Heights, home values are the data point most closely correlated with the cost of rent. The median price of a home in Shaker Heights is $337,735 right now, which is higher than cities nearby, meaning that rents in Shaker Heights also tend to be higher versus these nearby cities.
Higher rent prices are common in the western parts of Shaker Heights while lower rent rates are often available in southwestern areas.
Nearby Cities
- University Heights, OH: less expensive rent prices
- Highland Hills, OH: less expensive rent prices
- Beachwood, OH: more expensive rent prices
- North Randall, OH: less expensive rent prices
- Warrensville Heights, OH: less expensive rent prices
- Cleveland Heights, OH: less expensive rent prices
- South Euclid, OH: more expensive rent prices
- Woodmere, OH: less expensive rent prices
- Maple Heights, OH: less expensive rent prices
- Garfield Heights, OH: less expensive rent prices
Cities with Similar Populations
- Fridley, MN: less expensive rent prices
- Venice, CA: more expensive rent prices
- Severna Park, MD: more expensive rent prices
- Round Lake Beach, IL: more expensive rent prices
- Alabaster, AL: more expensive rent prices
- Lewis Center, OH: more expensive rent prices
- Wahiawa, HI: more expensive rent prices
- Bartow, FL: less expensive rent prices
- Dana Point, CA: more expensive rent prices
- Seymour, IN: less expensive rent prices
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