Average rent in Youngstown

Average rent in Youngstown,OH

Over the years, the average rent in Youngstown, OH has experienced a considerable fluctuation. In 2023, the average rent in Youngstown, OH is expected to be $900 per month. This is up from the $750 per month average rent in 2022. Furthermore, in 2021, the average monthly rent was about $700. Overall, the increase in the average rent can be attributed to a number of factors including inflation, an increase in the cost of living, and a robust economy. Moreover, based on current trends, it’s anticipated that the average rent in Youngstown, OH will continue to increase in the coming years.

Average rent in Youngstown,OH for 1-bedroom

First of all, in 2019, the average rent in Youngstown, OH for a 1-bedroom apartment was $550 per month. However, by 2023, it is projected to increase by 15%, bringing the average rental cost to $632 per month. This upward trend in rent prices has been gradually occurring over the past few years. For example, in 2020 it increased to $580 per month, and in 2021 it rose to $605 per month. As a result, many locals are worried about being able to afford rent in the future, especially those who are living on a fixed income or working minimum wage jobs.

Average rent in Youngstown,OH for 2-bedroom

The average rent in Youngstown,OH for a 2-bedroom apartment is expected to increase significantly in 2023. According to recent reports, the average rent for a 2-bedroom in Youngstown is projected to be $950 per month in 2023, which is up from $800 just five years ago. Furthermore, in the last decade, the average rent in Youngstown for a 2-bedroom has increased by almost 25%, making it one of the fastest-growing housing markets in the country. Despite these rising costs, Youngstown’s 2-bedroom rental rates remain significantly lower than the national median, making it an affordable option for those looking to relocate. In conclusion, while the cost of living may be on the rise in Youngstown,OH, renters can still find a great value in the city’s rental market.

Average rent in Youngstown,OH for 3-bedroom

In 2023, the average rent for a 3-bedroom apartment in Youngstown, OH is projected to be $850 per month. However, this represents an increase from previous years. In 2019, the average rent for a 3-bedroom apartment in Youngstown was only $750 per month. This significant jump in rent can be attributed to a variety of factors, including increases in property taxes and maintenance costs. Despite the rise in rent prices, Youngstown remains a relatively affordable housing market compared to many other cities in the region. Overall, it is clear that renters in Youngstown will need to budget more for their housing expenses in the coming years.

Average rent in Youngstown,OH for studio

In 2023, the average rent for a studio in Youngstown,OH is expected to increase by 3% compared to the previous year. However, this increase is less than the 5% increase seen from the year before. Despite this, Youngstown still has lower rental rates compared to neighboring cities such as Pittsburgh and Cleveland. Additionally, the cost of living in Youngstown remains lower than the national average, making it an attractive option for those looking for affordable housing. Overall, while there has been a slight increase in studio rental rates in Youngstown in recent years, it still remains an affordable option compared to other cities in the region.

Average rent in Youngstown,OH for townhouse

In 2023, the average rent for a townhouse in Youngstown, OH is expected to increase. According to recent data, the average rent for a townhouse in 2023 will be $1,200 per month. This represents a significant increase from the average rent of $1,100 per month in 2022. Furthermore, compared to the average rent of $950 per month in 2019, this year’s projections indicate a sharp upward trend in rental costs. Despite this increase, however, Youngstown, OH remains a relatively affordable option for those seeking townhouse living.

Average rent in Youngstown,OH by Neighborhood

1. Downtown – $936
2. Idora – $1,019
3. Hazelton – $1,036
4. Brier Hill – $1,061
5. Landsdowne – $1,094
6. Lincoln Knolls – $1,096
7. Riverbend – $1,013
8. Crandall Park – $1,057
9. Pleasant Grove – $1,087
10. Mahoning Commons – $1,110

Most expensive neighborhoods in Youngstown,OH

Youngstown, OH has a variety of neighborhoods for residents to choose from, each with its unique character and charm. Some of the most expensive neighborhoods in Youngstown include Liberty Township, Boardman Township, and Canfield Township. These areas are known for their high-end homes, beautiful landscaping, and access to top-rated schools, shopping centers, and restaurants. Residents of these neighborhoods enjoy a luxurious lifestyle with the convenience of easy access to all the amenities Youngstown has to offer. However, with this luxury comes a hefty price tag, making these neighborhoods some of the most expensive in the city.

Most affordable neighborhoods in Youngstown,OH

Youngstown, OH is known for its affordable cost of living, and there are several neighborhoods within the city that offer affordable housing options. The North Side of Youngstown is a great place to start your search for housing. This neighborhood is home to many residential streets with affordable homes, as well as commercial areas with shopping and dining options. The South Side of Youngstown is also a good option for those looking for an affordable neighborhood. There are several parks and recreation areas in this part of town, making it a great choice for families. Other affordable neighborhoods in Youngstown, OH include the East Side and the West Side, both of which offer great housing options at reasonable prices.

Most popular neighborhoods in Youngstown,OH

Youngstown, OH is a thriving city with a variety of neighborhoods to choose from. The most popular neighborhoods in Youngstown include Downtown, Boardman, and Austintown. Downtown features a mix of historic buildings, trendy restaurants, and cultural attractions. Boardman is known for its great schools and family-friendly atmosphere, while Austintown is sought after for its convenient location and affordable housing options. All three neighborhoods offer their own unique charm and sense of community, making them top choices for residents of Youngstown.

Comparison with other cities

1. New York City, NY – $3,595
2. Los Angeles, CA – $2,500
3. Chicago, IL – $1,965
4. Houston, TX – $1,120
5. Philadelphia, PA – $1,660
6. Phoenix, AZ – $1,260
7. San Antonio, TX – $1,020
8. San Diego, CA – $2,000
9. Dallas, TX – $1,280
10. San Jose, CA – $2,350
11. Austin, TX – $1,490
12. Jacksonville, FL – $1,020
13. Fort Worth, TX – $1,290
14. Columbus, OH – $1,135
15. Memphis, TN – $780

FAQ

Q: What is the average rent in Youngstown, OH in 2023?
A: In 2023 the average rent in Youngstown, OH is $900 per month.

Q: Is the average rent in Youngstown, OH affordable for young professionals?
A: Yes, the average rent in Youngstown, OH is affordable for young professionals, as it is significantly lower than the national average rent of $1,729 per month.

Q: How does the average rent in Youngstown, OH compare to other cities in Ohio?
A: The average rent in Youngstown, OH is lower than the average rent in other cities in Ohio, such as Columbus, Akron, and Cincinnati.

Q: What factors affect the cost of rent in Youngstown, OH?
A: The cost of rent in Youngstown, OH is impacted by various factors, including the location of the property, the size of the apartment, and the amenities provided by the building.

Q: Are there any affordable rental options available in Youngstown, OH?
A: Yes, there are several affordable rental options available in Youngstown, OH, including studios, one-bedroom, and two-bedroom apartments.

Q: How do I find an apartment in Youngstown, OH?
A: To find an apartment in Youngstown, OH, you can visit online apartment search websites, consult with a local real estate agent, or browse classified ads in local newspapers.

Q: What is the average rental price for a one-bedroom apartment in Youngstown, OH?
A: The average rental price for a one-bedroom apartment in Youngstown, OH is $632 per month.

Q: Does the cost of utilities affect the overall cost of rent in Youngstown, OH?
A: Yes, the cost of utilities can impact the overall cost of rent in Youngstown, OH. It’s important to factor in the cost of utilities when calculating the total cost of renting an apartment.

Q: Are there any neighborhoods in Youngstown, OH that have lower rent rates?
A: Yes, there are some neighborhoods in Youngstown, OH, such as the North Side, that have lower rent rates compared to other areas.





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.

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