RentData

Average Rent in Youngstown, OH Rents rising 2.8% YoY🔻 3rd cheapest in OH

HUD FY2025 · Official government data · Updated annually · Metro pop. 428,430

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Youngstown, OH has rental prices ranging from $660/month to $1,230/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $702/month — 50% below the national average of $1,400/month. With a median household income of $55,357/year, spending $702/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Youngstown Compares

With an average 2-bedroom rent of $884/month, Youngstown ranks #66 most expensive of the 68 cities tracked in Ohio — more affordable than 79% of all US cities in our data.

The Youngstown Rental Market

The Youngstown, OH area has a population of about 428,430 and 29% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Youngstown, OH have risen by $24/month (2.8%) over the past year, from $860 to $884. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Youngstown, OH without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,080. The local median household income of $55,357 exceeds that threshold by $27,277, making Youngstown relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Youngstown, OH is $73,639, giving a price-to-rent ratio of 6.9. At this ratio, buyers who plan to stay 7 or more years may find purchasing more cost-effective than renting at current market prices.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Youngstown's neighborhoods. Among the highest-value areas are Warren ($39,115 median home value), East Side ($41,908 median home value), Erie ($43,229 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$660
Affordable
1 Bedroom
$702
Affordable
2 Bedrooms
$884
2.8% YoY
Affordable
3 Bedrooms
$1,159
Affordable
4 Bedrooms
$1,230
Affordable
🔔
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Median Home Value
$73,639
Source: Zillow ZHVI
Est. monthly payment
$392/mo
20% down · 30yr · 7%

Is Youngstown, OH Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$35,360/year
Local median income: $55,357
To buy a median home
$15,678/year
US national median: $75,000
💡 Based on a 2BR rent of $884/month and 20% down on a $73,639 home at 7% rate.

Nearby Cities in OHlargest metros in the state

CityStudio1BR2BR3BRHome Value
Brown County$726$731$947$1,273
Columbus$1,104$1,194$1,445$1,741
Dayton$780$845$1,077$1,390
Akron$799$880$1,131$1,398
Ottawa County$677$753$988$1,190
Toledo$745$805$1,056$1,371

Rent or Buy in Youngstown?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Youngstown data

$
Home Value
$73,639
2BR Rent
$884/mo
Mortgage Rate
7%
Monthly P&I
$392/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $542/movs rent: $884/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $73,639 home at 7% rate

20% — $14,728
3%50%
Estimated Monthly Payment
$392
per month · 30 years · 7% APR
Loan Amount
$58,911
Total Paid
$141,098
Total Interest
$82,187
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Youngstown

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Frequently Asked Questions

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🏘️Neighborhoods in Youngstown

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Youngstown

Is it cheaper to rent or buy here?

💵Rent Affordability in Youngstown

Salary needed to afford rent here

🗺️All Cities in OH

See how Youngstown ranks statewide

⚖️Compare Youngstown

Side-by-side rent & cost of living with any city

📋OH Tenant Rights

Deposit limits, eviction laws & renters protections