The Most Affordable Neighborhoods in New Cleveland, OH by Home Value

 

New Cleveland, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Cleveland area can be challenging. Home prices in New Cleveland are now at a median cost of $179,111, lower than the Ohio average of $181,280.

The average cost of rent is $756/mo in New Cleveland, primarily driven by the current value of real estate in the New Cleveland area. While nearly 36.37% of residents own their homes outright in New Cleveland, 24.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Cleveland is $5,719 per month. Households that rent pay about 13.23% of their income on rent here. New Cleveland's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.


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