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What to Know About
Life in Northwood & Beyond
Northwood shares many of the great qualities that make Ohio a desirable place to live.
Ohio has rolling hills, scenic countryside, and friendly people. Immerse yourself in Ohio's cultural heritage by visiting iconic sites like the Rock and Roll Hall of Fame, the Cincinnati Museum Center, and the National Museum of the United States Air Force. Ohio is also home to renowned universities like Ohio State University and the University of Cincinnati, where you can take your knowledge further. In addition, the economy of Ohio is thriving with solid manufacturing, finance, and healthcare industries.
It's also a paradise for outdoor enthusiasts with its picturesque parks and recreational areas, such as the Hocking Hills, the Cuyahoga Valley National Park, and the Great Lakes. Ohio is also home to several sports teams, including the Cleveland Browns (NFL), Cincinnati Bengals (NFL), Cleveland Indians (MLB), Cincinnati Reds (MLB), and Cleveland Cavaliers (NBA). In addition, discover iconic attractions like the Pro Football Hall of Fame, the Rock and Roll Hall of Fame, Columbus Zoo, and Cincinnati Zoo.
Whether you are looking for a bustling city or quiet countryside, Ohio has something for everyone, making it a great place to live.
Rental Market Trends
Northwood, OH
As of May 2025, Northwood's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Northwood's average rent is 13.1% ($173) lower than the Ohio average of $1,319 and 36.1% ($647) lower than the U.S. average of $1,793.
Average Rent
$1,146
Monthly ChangeMonth Over Month Change
3.6% ($43)
Yearly ChangeYear Over Year Change
0.2% ($2)
Avg. Days on MarketAverage Days on Market
45
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $831 | 13.2% ($126) | 10.1% ($93) |
| 2 Beds | $1,025 | 5.4% ($58) | 10.2% ($117) |
| 3 Beds | $1,260 | 5.8% ($77) | 11.1% ($157) |
| Nearby Cities | Average Rent | Avg. Rent vs. NorthwoodAverage Rent vs. Northwood | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Toledo | $1,428 | 24.6% ($282) | 34 days |
| Perrysburg | $1,962 | 71.2% ($816) | 45 days |
| Holland | $847 | 26.1% ($299) | 31 days |
| Sylvania | $1,099 | 4.1% ($47) | 36 days |
| Bowling Green | $748 | 34.7% ($398) | 43 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Northwood Rental Market FAQs
Explore rental prices, market trends, and availability in Northwood, OH.
The average rent in Northwood, OH is $1,146 per month.
Homes in Northwood typically rent for between $600 and $1,638 per month, with an average of $1,146 per month.
In Northwood, the average rent for a 1-bedroom home is $831 per month, for a 2-bedroom home, $1,025 per month, and a 3-bedroom home is $1,260 per month.
The average rent in Northwood is 36.1% ($647) lower than the national average of $1,793 per month.
The average rent in Northwood has decreased by 3.6% ($43) in the last month and decreased by 0.2% ($2) over the past year.
The rental market in Northwood, OH, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Northwood, OH, the average rental stays on the market for approximately 45 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Northwood, OH.
Based on the current averages, a household would need an annual income of $41,000 to comfortably afford a 2-bedroom home in Northwood.
