Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cleveland area can be challenging. Home prices in Cleveland are now at a median cost of $254,028, lower than the Minnesota average of $269,934.
The average cost of rent is $942/mo in Cleveland, primarily driven by the current value of real estate in the Cleveland area. While nearly 37.01% of residents own their homes outright in Cleveland, 15.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cleveland is $6,987 per month. Households that rent pay about 13.49% of their income on rent here. Cleveland's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Marysburg, MN: higher priced homes
- Madison Lake, MN: higher priced homes
- Le Center, MN: less expensive homes
- Kasota, MN: equally priced homes
- St. Peter, MN: less expensive homes
- Elysian, MN: higher priced homes
- Ottawa, MN: equally priced homes
- Traverse, MN: equally priced homes
- Eagle Lake, MN: equally priced homes
- Le Sueur, MN: less expensive homes
Cities with Similar Populations
- Sardis City, AL: less expensive homes
- Sunol, CA: higher priced homes
- Strawberry Point, IA: less expensive homes
- Stanton, TN: less expensive homes
- Eldred, PA: less expensive homes
- Florahome, FL: less expensive homes
- Ford Heights, IL: less expensive homes
- Freetown, IN: less expensive homes
- Silverado, CA: higher priced homes
- Woodland, PA: less expensive homes
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