Property Prices in Cleveland, OH, United States

Index Info
Price to Income Ratio: 2.02
Mortgage as Percentage of Income: 18.01%
Loan Affordability Index: 5.55
Price to Rent Ratio - City Centre: 4.26
Price to Rent Ratio - Outside of Centre: 5.61
Gross Rental Yield (City Centre): 23.48%
Gross Rental Yield (Outside of Centre): 17.81%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,500.00 $ 1,100.00-1,900.00
1 Bedroom Apartment Outside of City Centre 1,043.50 $ 750.00-1,432.00
3 Bedroom Apartment in City Centre 2,957.14 $ 2,500.00-3,500.00
3 Bedroom Apartment Outside of City Centre 1,875.00 $ 1,100.00-2,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 135.07 $ 111.48-156.17
Price per Square Feet to Buy Apartment Outside of Centre 118.64 $ 83.61-141.95
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,382.98 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.47 6.00-7.00

These data are based on 126 entries from 30 contributors over the past 18 months.
Last update: 23 November 2025

Sources and References
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