Property Prices in Cleveland, OH, United States

Index Info
Price to Income Ratio: 2.28
Mortgage as Percentage of Income: 20.17%
Loan Affordability Index: 4.96
Price to Rent Ratio - City Centre: 4.41
Price to Rent Ratio - Outside of Centre: 6.42
Gross Rental Yield (City Centre): 22.69%
Gross Rental Yield (Outside of Centre): 15.57%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,612.50 $ 1,200.00-1,900.00
1 Bedroom Apartment Outside of City Centre 1,072.10 $ 810.00-1,432.00
3 Bedroom Apartment in City Centre 3,112.50 $ 3,000.00-3,500.00
3 Bedroom Apartment Outside of City Centre 1,860.00 $ 1,100.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 148.72 $ 145.00-156.17
Price per Square Feet to Buy Apartment Outside of Centre 137.32 $ 135.00-141.95
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,371.03 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.34 6.00-7.00

These data are based on 124 entries from 36 contributors over the past 18 months.
Last update: 20 January 2026

Sources and References
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