Property Prices in Cleveland, OH, United States

Index Info
Price to Income Ratio: 1.91
Mortgage as Percentage of Income: 13.61%
Loan Affordability Index: 7.35
Price to Rent Ratio - City Centre: 5.89
Price to Rent Ratio - Outside of Centre: 2.75
Gross Rental Yield (City Centre): 16.98%
Gross Rental Yield (Outside of Centre): 36.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,326.65 $ 950.00-1,536.00
Apartment (1 bedroom) Outside of Centre 953.88 $ 650.00-1,359.00
Apartment (3 bedrooms) in City Centre 2,190.62 $ 1,625.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 1,300.00 $ 900.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 152.52 $ 96.67-197.20
Price per Square Feet to Buy Apartment Outside of Centre 47.44 $ 28.20-90.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,824.19 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.80 3.00-4.30

These data are based on 150 entries in the past 18 months from 41 different contributors.
Last update: June 2021

Sources and References
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