The median home in Cleveland, Ohio is valued at $111,060, down 1.5% year over year. Typical monthly rent is $1,304, producing a price-to-rent ratio of 7.1x — below the national average of 18x. Cleveland is part of the Cleveland-Elyria, OH metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Cleveland-Elyria, OH stress score, crash risk, and 12-month forecast →
Home Value$111,060
-1.5%
Rent$1,304/mo
AFFORDABILITYBuying $498/mo cheaper ($1,304 rent)6.50% 30yr, 20% down, county tax + OH ins. 28% per HUD.
Enter your income for Cleveland.
$22,212 on $111,060
Affordable — 12.9% of income
Under the 28% guideline.
PITI$806
P/I12.9%
Afford$241K
Room+$130K
P&I $562Tax $144Ins $100
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Cleveland-Elyria, OH analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Cleveland-Elyria, OH metro.
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