Property Prices in Cleveland, OH, United States

Index Info
Price to Income Ratio: 2.20
Mortgage as Percentage of Income: 19.01%
Loan Affordability Index: 5.26
Price to Rent Ratio - City Centre: 4.46
Price to Rent Ratio - Outside of Centre: 6.44
Gross Rental Yield (City Centre): 22.43%
Gross Rental Yield (Outside of Centre): 15.54%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $1,611.11 1,200.00-1,900.00
1 Bedroom Apartment Outside of City Centre $1,083.73 810.00-1,432.00
3 Bedroom Apartment in City Centre $3,037.50 2,600.00-3,500.00
3 Bedroom Apartment Outside of City Centre $1,826.67 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) $3,499.62
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.07 5.80-7.00

These data are based on 105 entries from 20 contributors over the past 18 months.
Last update: 4 May 2026

Sources and References
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