Average Rent in Canton, OH↓ Rents falling 3.4% YoY

Canton, OH has rental prices ranging from $734/month to $1,421/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $827/month — 41% below the national average of $1,400/month. With a median household income of $65,666/year, spending $827/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Canton Compares

With an average 2-bedroom rent of $1,049/month, Canton ranks #25 most expensive of the 72 cities tracked in Ohio — pricier than 56% of all US cities in our data.

The Canton Rental Market

The Canton, OH area has a population of about 400,495 and 31% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Canton, OH have fallen by $37/month (3.4%) over the past year, from $1,086 to $1,049. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Canton, OH without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,080. The local median household income of $65,666 exceeds that threshold by $32,586, making Canton relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Canton, OH is $174,287, giving a price-to-rent ratio of 13.8. The break-even point between renting and buying is roughly 14 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Canton's neighborhoods. Among the highest-value areas are East Lincoln Highway ($54,898 median home value), Whittier Park ($62,603 median home value), Gibbs ($73,736 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.

Is Canton, OH Affordable?

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

Rent or Buy in Canton?

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

Living in Canton

Cost of living, job market, crime rates, and moving cost estimates.