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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 $157,855, lower than the Mississippi average of $183,008.
The average cost of rent is $933/mo in Cleveland, primarily driven by the current value of real estate in the Cleveland area. In Cleveland, 37.79% of households rent, and 47.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cleveland is $4,077 per month. Households that rent pay about 22.88% of their income on rent here. Cleveland’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Boyle, MS: less expensive homes
- Renova, MS: equally priced homes
- Zumbro, MS: less expensive homes
- Skene, MS: less expensive homes
- Merigold, MS: less expensive homes
- O'reilly, MS: less expensive homes
- Pace, MS: less expensive homes
- Dwiggins, MS: less expensive homes
- Litton, MS: less expensive homes
- Mound Bayou, MS: less expensive homes
Cities with Similar Populations
- Burtonsville, MD: higher priced homes
- Charlestown, IN: higher priced homes
- Valle Vista, CA: higher priced homes
- Valley, AL: equally priced homes
- Vandalia, OH: higher priced homes
- Carriere, MS: higher priced homes
- Carmel, NY: higher priced homes
- Cape May Court House, NJ: higher priced homes
- Vermilion, OH: higher priced homes
- Camby, IN: higher priced homes
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