Rent in Novelty, OH
Across Novelty's 2 ZIP codes, a 2-bedroom typically rents for about $1,552 a month, with figures from $1,274–$1,830. The highest typical rent is in 44072 ($1,830) and the lowest in 44073 ($1,274). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Geauga County pay about 1.38% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,127 | $924–$1,330 | 2 |
| 1 bed | $1,280 | $1,050–$1,510 | 2 |
| 2 beds | $1,552 | $1,274–$1,830 | 2 |
| 3 beds | $1,694 | $1,179–$2,340 | 2 |
| 4 beds | $2,138 | $1,756–$2,520 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Novelty ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Novelty, OH?
- About $1,552 a month: the median of the typical rents in 2 ZIP codes, which range from $1,274–$1,830. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Novelty, OH?
- About $1,280 a month: the median of the typical rents in 2 ZIP codes, which range from $1,050–$1,510. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Novelty, OH?
- About $1,694 a month: the median of the typical rents in 2 ZIP codes, which range from $1,179–$2,340. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Novelty, OH?
- About $1,127 a month: the median of the typical rents in 2 ZIP codes, which range from $924–$1,330. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Novelty, OH?
- About $2,138 a month: the median of the typical rents in 2 ZIP codes, which range from $1,756–$2,520. Figures are gross rent (rent plus tenant-paid utilities).
- Which Novelty ZIP code has the highest rent?
- For a 2-bedroom, 44072 has the highest typical rent at $1,830 a month, and 44073 the lowest at $1,274.
- What is the property tax rate in Novelty, OH?
- Owner-occupied homes in Geauga County pay a typical 1.38% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Novelty rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).