Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Cleveland area can be challenging. Home prices in Downtown Cleveland are now at a median cost of $368,614, higher than the Cleveland average of $186,358.
The average cost of rent is $1,232/mo in Downtown Cleveland, primarily driven by the current value of real estate in the Downtown Cleveland area. While nearly 75.24% of residents own their homes outright in Downtown Cleveland, 93.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Cleveland is $4,828 per month. Households that rent pay about 25.51% of their income on rent here. Downtown Cleveland's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Ohio City-West Side, Cleveland, OH: less expensive homes
- Central, Cleveland, OH: less expensive homes
- Goodrich-Kirtland Park, Cleveland, OH: less expensive homes
- Tremont, Cleveland, OH: less expensive homes
- Detroit Shoreway, Cleveland, OH: less expensive homes
- Clark-Fulton, Cleveland, OH: less expensive homes
- Saint Claire-Superior, Cleveland, OH: less expensive homes
- North Broadway, Cleveland, OH: less expensive homes
- Hough, Cleveland, OH: less expensive homes
- Fairfax, Cleveland, OH: less expensive homes
Neighborhoods with Similar Populations
- Jamestown, Hephzibah, GA: less expensive homes
- Tall Timbers, New Orleans, LA: less expensive homes
- Groveton, Alexandria, VA: higher priced homes
- Highland, Denver, CO: higher priced homes
- Hollywood Riviera, Redondo Beach, CA: higher priced homes
- Hyannis, Barnstable Town, MA: less expensive homes
- Hybla Valley, Alexandria, VA: higher priced homes
- Sterling Park, Sterling, VA: equally priced homes
- State Fair-Nolan, Highland Park, MI: less expensive homes
- Greater Wythe, Hampton, VA: less expensive homes
All Local Stats
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