Property Prices in Cleveland, OH, United States

Index Info
Price to Income Ratio: 1.63
Mortgage as Percentage of Income: 14.86%
Loan Affordability Index: 6.73
Price to Rent Ratio - City Centre: 4.66
Price to Rent Ratio - Outside of Centre: 4.76
Gross Rental Yield (City Centre): 21.44%
Gross Rental Yield (Outside of Centre): 20.99%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,250.00 $ 1,000.00-1,650.00
Apartment (1 bedroom) Outside of Centre 886.62 $ 700.00-1,340.00
Apartment (3 bedrooms) in City Centre 2,716.67 $ 2,500.00-3,200.00
Apartment (3 bedrooms) Outside of Centre 1,512.50 $ 1,200.00-1,900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 129.19 $ 111.48-200.00
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) 3,503.28 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.70 5.95-7.40

These data are based on 83 entries in the past 18 months from 19 different contributors.
Last update: November 2023

Sources and References
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