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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 $181,964, lower than the Texas average of $322,096.
The average cost of rent is $1,090/mo in Cleveland, primarily driven by the current value of real estate in the Cleveland area. In Cleveland, 17.32% of households rent, and 48.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cleveland is $5,243 per month. Households that rent pay about 20.79% of their income on rent here. Cleveland’s most expensive areas are in the southwestern 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
- North Cleveland, TX: less expensive homes
- Plum Grove, TX: equally priced homes
- Splendora, TX: higher priced homes
- Evergreen, TX: higher priced homes
- Macedonia, TX: higher priced homes
- Shepherd, TX: equally priced homes
- Dolen, TX: less expensive homes
- Wigginsville, TX: higher priced homes
- Cut and Shoot, TX: higher priced homes
- Romayor, TX: higher priced homes
Cities with Similar Populations
- Wooster, OH: higher priced homes
- Marion, IA: higher priced homes
- Vestavia Hills, AL: higher priced homes
- Merritt Island, FL: higher priced homes
- Kailua, HI: higher priced homes
- Pine Bluff, AR: less expensive homes
- Germantown, TN: higher priced homes
- Venice, CA: higher priced homes
- South El Monte, CA: higher priced homes
- Vega Baja, PR: less expensive homes
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