Property Prices in Cleveland, OH, United States

Index Info
Price to Income Ratio: 1.53
Mortgage as Percentage of Income: 13.77%
Loan Affordability Index: 7.26
Price to Rent Ratio - City Centre: 3.99
Price to Rent Ratio - Outside of Centre: 4.58
Gross Rental Yield (City Centre): 25.04%
Gross Rental Yield (Outside of Centre): 21.82%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,237.50 $ 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 961.80 $ 750.00-1,340.00
Apartment (3 bedrooms) in City Centre 2,785.71 $ 2,500.00-3,200.00
Apartment (3 bedrooms) Outside of Centre 1,484.38 $ 1,100.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 111.48 $ 111.48-111.48
Price per Square Feet to Buy Apartment Outside of Centre 83.61 $ 83.61-83.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,430.69 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.00-6.80

These data are based on 102 entries in the past 18 months from 23 different contributors.
Last update: June 2024

Sources and References
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