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These days, finding an affordable place to live in the Moreland Hills area can be challenging. Home prices in Moreland Hills are now at a median cost of $637,949, higher than the Ohio average of $236,816.
The average cost of rent is $1,755/mo in Moreland Hills, primarily driven by the current value of real estate in the Moreland Hills area. In Moreland Hills, 5.92% of households rent, and 43.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Moreland Hills is $16,088 per month. Households that rent pay about 10.91% of their income on rent here. Moreland Hills’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Orange, OH: less expensive homes
- Bentleyville, OH: less expensive homes
- Woodmere, OH: less expensive homes
- Hunting Valley, OH: higher priced homes
- Pepper Pike, OH: equally priced homes
- Solon, OH: less expensive homes
- Warrensville Heights, OH: less expensive homes
- Beachwood, OH: less expensive homes
- South Russell, OH: less expensive homes
- Bedford Heights, OH: less expensive homes
Cities with Similar Populations
- Byfield, MA: higher priced homes
- Mayer, MN: less expensive homes
- Drumright, OK: less expensive homes
- Castalia, OH: less expensive homes
- Colliers, WV: less expensive homes
- Buffalo Gap, TX: less expensive homes
- Thompson, CT: less expensive homes
- Tahoka, TX: less expensive homes
- Sparks, GA: less expensive homes
- Somis, CA: higher priced homes
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