Foreclosure Homes in Kent, OH 44240

Current Market Conditions in Kent, OH

The real estate market in Kent, OH has been steadily growing, with rising demand for rental properties due to the influx of college students and faculty from Kent State University. Single-family homes and apartments are both popular, creating a diverse range of options for potential investors and homebuyers alike.

Home prices have seen a notable increase over the last year, attributed to the strong job market and community amenities that attract families and young professionals. Investment opportunities in multi-family units are particularly promising, given the demand for student housing.

Rent Prices In Kent, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kent, OH, is on a rollercoaster ride. The average rent price in Kent, OH, is $1,335.00. Indeed, when looking to rent in Kent, OH, you can expect to pay as little as $500.00 or as much as $2,340.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Kent, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.