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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 $221,623, lower than the Wisconsin average of $280,373.
The average cost of rent is $979/mo in Cleveland, primarily driven by the current value of real estate in the Cleveland area. In Cleveland, 12.74% of households rent, and 47.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cleveland is $7,202 per month. Households that rent pay about 13.59% 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
- Mosel, WI: higher priced homes
- Newton, WI: higher priced homes
- Northeim, WI: higher priced homes
- Osman, WI: equally priced homes
- Howards Grove, WI: higher priced homes
- School Hill, WI: higher priced homes
- Newtonburg, WI: higher priced homes
- Millhome, WI: higher priced homes
- Johnsonville, WI: higher priced homes
- St. Nazianz, WI: equally priced homes
Cities with Similar Populations
- Manchester, NY: less expensive homes
- Benwood, WV: less expensive homes
- Lake Linden, MI: less expensive homes
- Stella, NC: higher priced homes
- Ritzville, WA: higher priced homes
- Sharon, CT: higher priced homes
- Lopez, WA: higher priced homes
- Moorhead, MS: less expensive homes
- Mount Hood-Parkdale, OR: higher priced homes
- Newport, VA: higher priced homes
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