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Rent in Olmsted Falls, OH

A 2-bedroom in Olmsted Falls, OH (ZIP 44138) typically rents for about $1,437 a month, with a range of $1,383–$1,490. Owner-occupied homes in Cuyahoga County pay about 2.00% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Olmsted Falls, OH by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,080$924–$1,0801
1 bed$1,245$1,230–$1,2601
2 beds$1,437$1,383–$1,4901
3 beds$1,538$1,175–$1,9001
4 beds$2,050$1,756–$2,0501

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).

Olmsted Falls ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Olmsted Falls, OH?
About $1,437 a month: the median of the typical rents in 1 ZIP code, which range from $1,383–$1,490. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Olmsted Falls, OH?
About $1,245 a month: the median of the typical rents in 1 ZIP code, which range from $1,230–$1,260. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Olmsted Falls, OH?
About $1,538 a month: the median of the typical rents in 1 ZIP code, which range from $1,175–$1,900. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Olmsted Falls, OH?
About $1,080 a month: the median of the typical rents in 1 ZIP code, which range from $924–$1,080. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Olmsted Falls, OH?
About $2,050 a month: the median of the typical rents in 1 ZIP code, which range from $1,756–$2,050. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Olmsted Falls, OH?
Owner-occupied homes in Cuyahoga County pay a typical 2.00% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Olmsted Falls 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).