Commercial Real Estate Market in Kent, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
54 active listings and 1,182 off-market properties in Kent, OH. Commercial property asks $1,971/SF to buy and $18.25/SF/Yr to lease.
Market Trends
Kent, OH spans 40.2 square miles in Portage County, Ohio. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Kent, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Kent, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Kent, OH runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Kent, OH asks $124/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.3%
- Civic 15%
- Industrial 11.1%
- Open space 9.4%
- Commercial 8.2%
Largest Zones share of zoned land by district
Medium Density Residential
University
Low Density Residential
High Density Residential
Industrial
Kent, OH zones 5,776 acres across 15 districts. Commercial zoning covers 8.2% of zoned land, residential 56.3%, open space 9.4% and industrial 11.1%. The largest single district is Medium Density Residential at 24.4%. For commercial buyers the practical constraint is that only 19.3% of land carries a commercial or industrial designation.
Medium Density Residential (R-2)
This district is established to encourage single family residential development at medium densities in areas of existing development of such density and thereby providing a more orderly and efficient extension of public facilities
Market overview
Demographics & Economy
Kent, OH has 44,024 residents in 20,235 households. Density runs 1,096 people per square mile. Median household income here is $57,415 and median gross rent $989 a month.
44,024
Population
20,235
Households
2.2
Avg Household Size
29
Median Age
40%
College-Educated
96%
High-School Grad
40.2 sq mi
ZIP Area
1,096
Density / Sq Mi
$57,415
Median Household Income
$28,191
Median Earnings
$989
Median Rent
$216,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brady Lake | — | — |
| Munroe Falls | — | $25.49 |
| Stow | — | $11.75 |
| Silver Lake | — | — |
Commercial property in Kent, OH asks $1,971/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kent?
Commercial property in Kent, OH asks an average of $1,971 per square foot. The 7 most recent recorded sales traded at a median of $129/SF, so asking sits 1427% above the achieved median. Multifamily carries the highest asking price at $124/SF.
How much does it cost to lease commercial space in Kent?
Asking lease rates in Kent, OH average $18.25 per square foot per year.
What zoning applies to commercial property in Kent?
Kent, OH zones 5,776 acres across 15 districts, of which 8.2% is commercial and 11.1% industrial. The largest single district is Medium Density Residential at 24.4% of zoned land. This district is established to encourage single family residential development at medium densities in areas of existing development of such density and thereby providing a more orderly and efficient extension of public facilities Residential zoning covers 56.3% and open space 9.4%.
Where does Realmo's Kent market data come from?
Realmo compiles Kent, OH figures from 7 recent recorded sales, 35 active sale listings, 19 active lease listings, 1,182 tracked off-market properties, the current Kent zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 19 active for-lease listings in Kent, OH. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 5,776 zoned acres across 15 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
