Affordable
Expensive
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These days, finding an affordable place to live in the Tremont area can be challenging. Home prices in Tremont are now at a median cost of $286,916, higher than the Cleveland average of $230,318.
The average cost of rent is $1,326/mo in Tremont, primarily driven by the current value of real estate in the Tremont area. In Tremont, 71.91% of households rent, and 50.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tremont is $6,190 per month. Households that rent pay about 21.43% of their income on rent here. Tremont’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Ohio City-West Side, Cleveland, OH: higher priced homes
- Clark-Fulton, Cleveland, OH: less expensive homes
- Downtown Cleveland, Cleveland, OH: less expensive homes
- Brooklyn-Centre, Cleveland, OH: less expensive homes
- Central, Cleveland, OH: less expensive homes
- Detroit Shoreway, Cleveland, OH: less expensive homes
- North Broadway, Cleveland, OH: less expensive homes
- Stockyards, Cleveland, OH: less expensive homes
- Goodrich-Kirtland Park, Cleveland, OH: less expensive homes
- Kinsmith, Cleveland, OH: less expensive homes
Neighborhoods with Similar Populations
- Boynton, Detroit, MI: less expensive homes
- West Urbana, Urbana, IL: less expensive homes
- Country Squire Estates, West Valley City, UT: higher priced homes
- Country Club Hills Lakeshore Shops, Shreveport, LA: less expensive homes
- Cooley Ranch, Colton, CA: higher priced homes
- Christopher Newport, Newport News, VA: equally priced homes
- Childs Park, St. Petersburg, FL: less expensive homes
- Central Business District, Orlando, FL: higher priced homes
- Cedar Park, Seattle, WA: higher priced homes
- Bryant, Buffalo, NY: higher priced homes
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