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Property Managers in Cleveland, OH

Compare top property management companies in Cleveland, OH. Review services and vetting status, then reach out or request a free quote.

Capital Properties Management, Ltd.
Cleveland, OH
Unverified
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Paran Management Company
Raheem Brooks
Cleveland, OH
Unverified
›

Rental market in Cleveland: rising rents

In Cleveland, Census median gross rent rose about 31.0% over the last five years, rents on a clear upward path. The numbers also show three-bedroom rents about 29% below the U.S. average, renters in 40.6% of homes, and vacancy near 9.9%. The typical home is valued near $195,400, and the median household earns about $64,468 a year, with renters spending a median 29.3% of income on rent.

Market at a glance

Rents & affordability

-28% 2-bed vs U.S. rent
-29% 3-bed vs U.S. rent
-34% 4-bed vs U.S. rent
+31.0% Rent trend, 5-yr
29.3% Rent-to-income

People & households

40.6% Renter-occupied
1,245,873 Population
-0.1% Population, 5-yr
$64,468 Median household income

Housing stock

9.9% Vacancy rate
$195,400 Median home value
1957 Median year built
65.0% Single-family homes

Jobs

3.3% Unemployment rate
Rent vs the U.S. average, by bedroom size
U.S. average 2-bed -28% 3-bed -29% 4-bed -34%
Who rents vs owns
Renters 40.6% Owners 59.4%

A good property management company in Cleveland can take a load off your plate: pricing, marketing, tenant screening, rent collection, and maintenance. About 65.0% of local housing is single-family, a common focus for rental owners. With vacancy near 9.9%, rent positioning and days on market can shape your return. Area unemployment is 3.3% as of August 2026. Review the managers listed and reach out for a quote.

These numbers cover long-term residential rentals only, not vacation rentals. Non-residential rents are not shown, yet they tend to shift with residential rents, so the local pattern remains informative.

Frequently asked questions

How do rents in Cleveland compare to the national average?

Versus the national average: two-bedroom -28%, three-bedroom -29%, four-bedroom -34%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.

Are rents rising in Cleveland?

The five-year trend shows Census median gross rent rose about 31.0%.

Is Cleveland a good market for rental property?

Rents here have risen in recent years, which can favor owners who buy at the right price. Renters make up 40.6% of households and vacancy sits near 9.9%. Three-bedroom rents run about 29% below the national average, and rents rose about 31.0% over five years.

How strong is rental demand in Cleveland?

Renters make up 40.6% of the housing, and the population of 1,245,873 declined 0.1% over five years. Vacancy runs near 9.9%.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).