RentData

Average Rent in Youngstown, OH↑ Rents rising 3.1% YoY🔻 5th cheapest in OH

HUD FY2027 · Official government data · Updated annually · Metro pop. 428,430

Data review: HUD FY2027Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Youngstown, OH has rental prices ranging from $755/month to $1,374/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $801/month — 43% below the national average of $1,400/month. With a median household income of $55,357/year, spending $801/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Youngstown Compares

With an average 2-bedroom rent of $1,003/month, Youngstown ranks #68 most expensive of the 72 cities tracked in Ohio — more affordable than 67% of all US cities in our data.

The Youngstown Rental Market

The Youngstown, OH area has a population of about 428,430 and 29% 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 Youngstown, OH have risen by $30/month (3.1%) over the past year, from $973 to $1,003. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Youngstown, OH without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,040. The local median household income of $55,357 exceeds that threshold by $23,317, making Youngstown relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Youngstown, OH is $70,275, giving a price-to-rent ratio of 5.8. At this ratio, buyers who plan to stay 6 or more years may find purchasing more cost-effective than renting at current market prices.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Youngstown's neighborhoods. Among the highest-value areas are Warren ($33,905 median home value), East Side ($35,980 median home value), East High ($36,918 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.

Fair Market Rents

HUD FY2027
Studio
$755
Affordable
1 Bedroom
$801
Affordable
2 Bedrooms
$1,003
↑3.1% YoY
Affordable
3 Bedrooms
$1,295
Affordable
4 Bedrooms
$1,374
Affordable
🔔
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▼
Median Home Value
$70,275
Source: Zillow ZHVI
Est. monthly payment
$374/mo
20% down · 30yr · 7%

Is Youngstown, OH Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$40,120/year
Local median income: $55,357
To buy a median home
$14,961/year
US national median: $75,000
💡 Based on a 2BR rent of $1,003/month and 20% down on a $70,275 home at 7% rate.

Nearby Cities in OHlargest metros in the state

CityStudio1BR2BR3BRHome Value
Brown County$844$849$1,030$1,425—
Columbus$1,258$1,346$1,602$1,909—
Dayton$909$1,008$1,248$1,623—
Akron$886$952$1,231$1,474—
Ottawa County$677$753$988$1,190—
Toledo$822$875$1,145$1,461—

Rent or Buy in Youngstown?

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

Should I Rent or Buy?

Break-even analysis using real Youngstown data

$
Home Value
$70,275
2BR Rent
$1,003/mo
Mortgage Rate
7%
Monthly P&I
$374/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $518/movs rent: $1,003/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $70,275 home at 7% rate

20% — $14,055
3%50%
Estimated Monthly Payment
$374
per month · 30 years · 7% APR
Loan Amount
$56,220
Total Paid
$134,652
Total Interest
$78,432
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Youngstown

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

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Frequently Asked Questions

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🏘️Neighborhoods in Youngstown

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Youngstown

Is it cheaper to rent or buy here?

💵Rent Affordability in Youngstown

Salary needed to afford rent here

🗺️All Cities in OH

See how Youngstown ranks statewide

⚖️Compare Youngstown

Side-by-side rent & cost of living with any city

📋OH Tenant Rights

Deposit limits, eviction laws & renters protections