Average Rent in Mansfield, OH↑ Rents rising 7.4% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 125,138
Market Overview
Mansfield, OH has rental prices ranging from $649/month to $1,462/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $738/month — 47% below the national average of $1,400/month. With a median household income of $57,649/year, spending $738/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.
How Mansfield Compares
With an average 2-bedroom rent of $924/month, Mansfield ranks #26 most expensive of the 68 cities tracked in Ohio — more affordable than 64% of all US cities in our data.
The Mansfield Rental Market
The Mansfield, OH area has a population of about 125,138 and 32% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Mansfield, OH have risen by $64/month (7.4%) over the past year, from $860 to $924. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Mansfield, OH without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,520. The local median household income of $57,649 exceeds that threshold by $28,129, making Mansfield relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Mansfield, OH is $154,486, giving a price-to-rent ratio of 13.9. 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.
Fair Market Rents
HUD FY2025Is Mansfield, OH Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in OHlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home 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 Mansfield?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Mansfield data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $154,486 home at 7% rate
Living in Mansfield
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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⚖️Rent vs Buy in MansfieldIs it cheaper to rent or buy here?
💵Rent Affordability in MansfieldSalary needed to afford rent here
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