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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 $362,041, higher than the Missouri average of $246,641.
The average cost of rent is $1,173/mo in Cleveland, primarily driven by the current value of real estate in the Cleveland area. In Cleveland, 14.69% of households rent, and 37.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cleveland is $7,842 per month. Households that rent pay about 14.96% of their income on rent here. Cleveland’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Line, MO: higher priced homes
- Wea, KS: higher priced homes
- Jaudon, MO: equally priced homes
- Lake Annette, MO: less expensive homes
- Freeman, MO: less expensive homes
- Louisburg, KS: equally priced homes
- Bucyrus, KS: higher priced homes
- Peculiar, MO: less expensive homes
- Lisle, MO: equally priced homes
- Belton, MO: less expensive homes
Cities with Similar Populations
- Mill Creek, WV: less expensive homes
- Philmont, NY: less expensive homes
- Penn Laird, VA: equally priced homes
- Patriot, IN: less expensive homes
- Panama, NY: less expensive homes
- Palmyra, MI: less expensive homes
- Onley, VA: less expensive homes
- One Hundred Palms, CA: less expensive homes
- Ogden, IL: less expensive homes
- Oakwood, TX: less expensive homes
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