20

Newest Homes for Rent in Olmsted Falls, OH

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  • /35

    Starting at $930 Per Month

    • 1 - 3 Beds

    9640 Fernwood Dr, Olmsted Falls, OH 44138

    Fawn Lake is conveniently located just minutes from the beautiful downtown Olmsted Falls Historic District. It's a quick drive to Great Northern Mall, I-480, The Ohio Turnpike, Cleveland Hopkins International Airport and RTA services. Enjoy summers at the pool, relax on the Clubhouse deck, enjoy the view of the lake, try some fishing, play with your pooch at the Bark Park, walk to our

    Fawn Lake Apartments

    (440) 732-4219

    9640 Fernwood Dr, Olmsted Falls, OH 44138
  • /2

    $2,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,612 Sq Ft
    • Condo for Rent

    8601 Dunham Dr, Olmsted Falls, OH 44138

    **Move-In Ready Townhouse in Prime Location!** This immaculate 3-bedroom, 2.5-bathroom home is ready for you to move in immediately, with all appliances included! The first floor boasts a spacious living room with a cozy fireplace, a dining area overlooking a private yard (no neighbors behind you), and an updated kitchen featuring granite countertops and ample counter space. A convenient half

    Donald Petrasek Howard Hanna

    8601 Dunham Dr, Olmsted Falls, OH 44138
  • /19

    Starting at $1,820 Per Month

    • 1 - 2 Beds

    9299 Columbia Rd, Olmsted Falls, OH 44138

    All Utilities included- even Cable and Internet! Nestled in a quiet, residential area of Olmsted Falls, OH, Olmsted Falls Senior Apartments is where comfort, convenience, and community come together to provide you with an exceptional living experience. Our 1- and 2-bedroom units cater to the unique needs of active seniors aged 55 and over. With a multitude of shopping and dining options

    Olmsted Falls Senior Apartments

    (201) 581-9212

    9299 Columbia Rd, Olmsted Falls, OH 44138

Frequently Asked Questions

How much does it cost to rent a home in Olmsted Falls, OH?
The median rent for a home in Olmsted Falls, OH is $2,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Olmsted Falls, OH?
To comfortably afford the median rent in Olmsted Falls, OH, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Olmsted Falls, OH, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Olmsted Falls, OH?
In Olmsted Falls, OH, the price-to-rent ratio is 11.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Olmsted Falls, OH are best for renting a home?
The best neighborhood for renting in Olmsted Falls, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Bellaire-Puritas, Jefferson, Cudell, West Boulevard and Edgewater, each with its own character and price range.

Rental Trends in Olmsted Falls, OH

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,200
Median Single Family Home Rent
$2,500
Median Townhouse Rent
$2,200
How to Rent a Home