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 $115,321, lower than the New York average of $481,023.
The average cost of rent is $1,013/mo in Cleveland, primarily driven by the current value of real estate in the Cleveland area. While nearly 38.09% of residents own their homes outright in Cleveland, 7.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cleveland is $5,535 per month. Households that rent pay about 18.31% of their income on rent here. Cleveland's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Jewell, NY: equally priced homes
- Madison Center, NY: equally priced homes
- Bernhards Bay, NY: equally priced homes
- Vienna, NY: less expensive homes
- Sylvan Beach, NY: less expensive homes
- Dibbletown, NY: equally priced homes
- Verona Beach, NY: higher priced homes
- Fish Creek Landing, NY: less expensive homes
- Hillsboro, NY: less expensive homes
- Panther Lake, NY: equally priced homes
Cities with Similar Populations
- Rolling Hills, CA: higher priced homes
- Hanover, OH: higher priced homes
- Hooker, OK: equally priced homes
- Hoyt, KS: higher priced homes
- Iuka, IL: less expensive homes
- West Union, WV: higher priced homes
- Waimea Kauai, HI: higher priced homes
- Marion Center, PA: higher priced homes
- Unity, ME: higher priced homes
- Pennock, MN: higher priced homes
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