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Cleveland, OH

(Cleveland-Elyria, OH)
Diverse economy, strong healthcare and education sectors, affordable housing, historic properties, ongoing revitalization.
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Key Stats

Median Rental Income
$221,214
Median Home Price
Rent to Price Ratio
Affordability

About

Cleveland, Ohio, located on the southern shore of Lake Erie, offers a dynamic real estate market driven by its diverse economy and strategic location. The city's economy is supported by sectors such as healthcare, manufacturing, education, and technology, with major employers including the Cleveland Clinic, University Hospitals, and Case Western Reserve University. Cleveland’s real estate market features a variety of investment opportunities, including affordable single-family homes, historic properties, and commercial developments. Cleveland has been undergoing significant revitalization, particularly in its downtown and waterfront areas. The city’s efforts to redevelop these areas have led to the creation of new residential, commercial, and mixed-use properties, attracting both residents and businesses. The city’s strong infrastructure, including major highways, railroads, and the Port of Cleveland, enhances its logistical appeal and accessibility.

Growth Stats

7.51%
Appreciation
6.48%
YoY Rent Growth
Population Growth Rate

Macro Stats

Population
Unemployment Rate
Median Household Income

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