Average rent in Dayton

Average rent in Dayton,OH

The average rent in Dayton, OH has seen fluctuations over the years, but one thing remains constant: it is an important factor for those seeking affordable housing. In 2023, the average rent per month is projected to be $900. Compared to last year’s figure of $860, this represents a substantial increase. In fact, over the past five years, there has been a steady climb in average rent, with 2018’s figure of $750 being the lowest. It is important to keep these numbers in mind when budgeting for housing expenses in Dayton.

Average rent in Dayton,OH for 1-bedroom

In terms of the average rent for a 1-bedroom apartment in Dayton, OH, there have been some interesting trends over the past few years. In 2023, the average rent for a 1-bedroom apartment is expected to be $900 per month. This represents a significant increase from the previous year, when the average rent was $800 per month.

Moreover, this continues a trend of rising rents that has been observed in Dayton over the past decade. In 2013, for example, the average rent for a 1-bedroom apartment was just $500 per month, which represents a whopping 80% increase over the past 10 years.

Average rent in Dayton,OH for 2-bedroom

The average rent in Dayton, OH for a 2-bedroom apartment has steadily increased over the years. In 2023, it is projected to reach $1,200 per month, which is a significant jump from last year’s average of $1,050. In fact, since 2018, the average rent has increased by approximately 15%.

Despite this steady rise, however, Dayton remains a relatively affordable city compared to others in the region. Moreover, with its many beautiful parks, great schools, and thriving job market, Dayton continues to be a desirable place to call home.

Average rent in Dayton,OH for 3-bedroom

In regard to the average rent for a 3-bedroom apartment in Dayton, OH, there has been a steady increase over the past few years. In 2023, it is anticipated that the average rent will be $1,500 per month. This is a significant increase from the previous year, where the average rent for a similar apartment was $1,300. Furthermore, in 2021, the average rent was only $1,100.

Clearly, there has been a gradual rise in the rental prices in Dayton’s real estate market, which is particularly evident when comparing the data from the past three years. Despite the increase in cost, many individuals still find Dayton to be an affordable and attractive place to call home.

Average rent in Dayton,OH for studio

The average rent in Dayton, OH for a studio apartment is expected to increase in 2023. According to recent reports, the estimated rent for a studio apartment will be $820 per month. This is a significant increase of $70 from the previous year’s rent.

Moreover, the rent has gradually increased over the past five years. In 2018, the average rent for a studio apartment in Dayton was $700 which increased to $750 in 2019, and then to $780 in 2020. It is evident that the cost of living in Dayton is increasing, and individuals looking for studio apartments ought to keep this trend in mind before making any rental decisions.

Average rent in Dayton,OH for townhouse

In 2023, the average rent in Dayton, OH for a townhouse is expected to be $1,300 per month. This represents a significant increase from the previous year, when the average rent was only $1,100 per month. This trend towards higher rental prices is not new, as rental rates have been steadily increasing in Dayton over the past five years.

In fact, the average rent for a townhouse in Dayton in 2018 was only $900 per month, demonstrating just how much the market has shifted in recent years. Despite the higher prices, however, Dayton remains a popular destination for renters, thanks in large part to its vibrant community, excellent amenities, and affordable cost of living.

Most expensive neighborhoods in Dayton,OH

Dayton, OH, has a variety of neighborhoods with different lifestyles and price ranges, but some of them are undoubtedly more expensive than others. Among the priciest neighborhoods in Dayton are Oakwood, a charming historic district with spacious homes, tree-lined streets, and proximity to the city’s downtown; the University of Dayton area, an upscale residential neighborhood with a vibrant college atmosphere, top-rated schools, and extensive amenities; and Washington Township, a semi-rural community with large estates, private swimming pools, and outdoor recreation opportunities. These neighborhoods feature luxurious homes, high-end restaurants, cultural institutions, and easy access to shopping, entertainment, and recreation, making them an attractive choice for affluent residents looking for exclusivity, convenience, and comfort.

Most affordable neighborhoods in Dayton,OH

If you are looking for an affordable neighborhood in Dayton, OH, there are plenty of options to choose from. Some of the most affordable neighborhoods in the city include Belmont, Five Oaks, and Southern Dayton View. These neighborhoods offer a range of housing options, including apartments, townhouses, and single-family homes, all at affordable price points. In addition, these neighborhoods are known for their strong sense of community and convenient access to shopping, dining, and other amenities. So, if you are looking for an affordable place to call home in Dayton, look no further than these neighborhoods.

Most popular neighborhoods in Dayton,OH

Dayton boasts a number of great neighborhoods, each with its own charm and unique appeal. However, some neighborhoods stand out above the rest as the most popular among Dayton residents. One such neighborhood is the historic district, which features beautifully restored homes and a thriving arts community. Another top contender is the trendy Oregon District, known for its great dining and nightlife options. Downtown Dayton is also a popular spot, thanks to its revitalization efforts and abundance of entertainment opportunities. And for those looking for a quieter, more family-friendly atmosphere, neighborhoods like Kettering or Beavercreek may fit the bill. No matter what your preferences, Dayton has plenty of great neighborhoods to choose from.

Comparison with other cities

1. Dayton, OH – $825
2. Kansas City, MO – $1,010
3. Tulsa, OK – $710
4. Pittsburgh, PA – $1,220
5. Nashville, TN – $1,450
6. Denver, CO – $1,530
7. Seattle, WA – $1,920
8. Portland, OR – $1,390
9. Chicago, IL – $1,720
10. New York, NY – $3,810
11. Austin, TX – $1,510
12. Los Angeles, CA – $2,120
13. Miami, FL – $1,670
14. Atlanta, GA – $1,320
15. Dallas, TX – $1,240

FAQ

Q: What is the average rent in Dayton, OH as of 2023?
A: The average rent in Dayton, OH as of 2023 is $940 per month.

Q: Have rent prices increased or decreased in Dayton, OH since the previous year?
A: Rent prices in Dayton, OH have increased by approximately 3% since the previous year.

Q: What types of rental properties are available in Dayton, OH?
A: Dayton, OH offers a range of rental properties including apartments, single-family homes, and townhouses.

Q: What factors may affect rental prices in Dayton, OH?
A: Factors that may affect rental prices in Dayton, OH include the location, size, and amenities of the rental property, as well as market demand and local economic conditions.

Q: Are there any neighborhoods in Dayton, OH that offer lower rent prices?
A: Yes, neighborhoods such as Westwood, Edgemont, and Residence Park offer lower rent prices as compared to other areas in Dayton, OH.

Q: What is the average rental rate for a two-bedroom apartment in Dayton, OH?
A: The average rental rate for a two-bedroom apartment in Dayton, OH is $1,065 per month.

Q: Is it possible to find furnished rental properties in Dayton, OH?
A: Yes, there are several furnished rental properties available in Dayton, OH catering to different budgets and preferences.

Q: What are the lease terms for rental properties in Dayton, OH?
A: Lease terms for rental properties in Dayton, OH vary depending on the individual property and landlord. Some may offer month-to-month leases while others may require a year-long lease.

Q: What are the upfront costs associated with renting a property in Dayton, OH?
A: Upfront costs associated with renting a property in Dayton, OH may include a security deposit, application fee, and the first month’s rent. The average security deposit is typically equal to one month’s rent.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

Also Reading

Juneau average rent
Little Rock average rent
Honolulu pros and cons of living

Spread the love