Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shaker Heights area can be challenging. Home prices in Shaker Heights are now at a median cost of $254,852, higher than the Ohio average of $181,280.
The average cost of rent is $1,128/mo in Shaker Heights, primarily driven by the current value of real estate in the Shaker Heights area. While nearly 40.87% of residents own their homes outright in Shaker Heights, 37.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shaker Heights is $9,354 per month. Households that rent pay about 12.06% of their income on rent here. Shaker Heights's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- University Heights, OH: less expensive homes
- Highland Hills, OH: less expensive homes
- Beachwood, OH: higher priced homes
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- Warrensville Heights, OH: less expensive homes
- South Euclid, OH: less expensive homes
- Woodmere, OH: higher priced homes
- Maple Heights, OH: less expensive homes
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Cities with Similar Populations
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- Langhorne, PA: higher priced homes
- Jacksonville Beach, FL: higher priced homes
- Hobart, IN: less expensive homes
- Hightstown, NJ: higher priced homes
- Helotes, TX: higher priced homes
- Harvey, LA: less expensive homes
- Garfield Heights, OH: less expensive homes
- Galloway, OH: less expensive homes
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