7 rentals in Colonial Park
Rentals in Colonial Park, Garden Grove
Colonial Park Rental Market
$2,800
Median Rent
7
Available
1
New This Week
About Renting in Colonial Park
Colonial Park is a popular neighborhood in Garden Grove, OH for renters. Currently, there are 7 rental properties available with a median rent of $2,800/month.
Garden Grove Rental Market
Garden Grove Rental Pulse
Median Rent
$3,700/mo
↑ 37.3% over the past yearMonths of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
0.1 months of supply
Landlord's MarketWith only 14 active rentals, supply is tight.
What this means for renters
Rental inventory is tight relative to how many homes get leased each month—fewer options, and well-priced units draw competition. Rentals typically lease in ~38 days.
Rental Velocity
How fast rentals are leasing
Rentals are leasing at a steady pace—you have some time to decide, but good units still move. Leasing 71% faster than 6 months ago.
Rental Inventory Distribution
Rentals are being leased quickly—most listings move within 30 days, signaling strong renter demand.
Affordability Snapshot
Typical rent
$3,200/mo
Median rent
Affordable budget (30%)
$2,254/mo
Based on median income
Median household income
$7,514/mo
Garden Grove
Typical rent costs about 43% of the median household's income.
The standard recommendation is to spend ≤30% of income on rent.
Income needed to afford typical rent comfortably
$128K/year
Assumes rent ≤30% of income
Median Rent by Bedroom
Rent increases significantly with bedroom count—larger units command premium prices.
Each additional bedroom adds about $900.5/mo to rent on average, with larger units commanding higher premiums.
Largest increase: 2 → 3 bedrooms (+$1,524/mo)
Rent Reductions
5 listings have reduced their rent
36% of active listings
Average reduction: 14.2% (~$454/mo)
Nearby Neighborhoods
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