Average Rent in Noble County, OH↑ Rents rising 2.8% YoY🔻 3rd cheapest in OH
HUD FY2025 · Official government data · Updated annually · Metro pop. 14,252
Market Overview
Noble County, OH has rental prices ranging from $664/month to $1,254/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $690/month — 51% below the national average of $1,400/month. With a median household income of $55,360/year, spending $690/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.
How Noble County Compares
With an average 2-bedroom rent of $884/month, Noble County ranks #66 most expensive of the 68 cities tracked in Ohio — more affordable than 79% of all US cities in our data.
The Noble County Rental Market
The Noble County, OH area has a population of about 14,252 and 18% 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 Noble County, 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 Noble County, OH without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $27,600. The local median household income of $55,360 exceeds that threshold by $27,760, making Noble County relatively accessible compared to local wages.
Economy & Jobs
Noble County, OH has an unemployment rate of 4.5%, 0.6 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Noble County, 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 Noble County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Noble County data
Renting appears to be the better financial choice for this scenario.
Living in Noble County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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