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 $186,358, higher than the Ohio average of $181,280.
The average cost of rent is $1,047/mo in Cleveland, primarily driven by the current value of real estate in the Cleveland area. While nearly 39.37% of residents own their homes outright in Cleveland, 30.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cleveland is $6,268 per month. Households that rent pay about 16.71% of their income on rent here. Cleveland's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Newburgh Heights, OH: less expensive homes
- Cuyahoga Heights, OH: less expensive homes
- Brooklyn Heights, OH: equally priced homes
- Brooklyn, OH: less expensive homes
- Linndale, OH: less expensive homes
- Garfield Heights, OH: less expensive homes
- Lakewood, OH: higher priced homes
- East Cleveland, OH: less expensive homes
- Cleveland Heights, OH: less expensive homes
- Shaker Heights, OH: higher priced homes
Cities with Similar Populations
- Norristown, PA: higher priced homes
- North Charleston, SC: equally priced homes
- Louisville, KY: higher priced homes
- Lithonia, GA: less expensive homes
- Manchester, NH: higher priced homes
- Lowell, MA: higher priced homes
- Littleton, CO: higher priced homes
- Long Beach, CA: higher priced homes
- Livonia, MI: higher priced homes
- Lynn, MA: higher priced homes
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