Foreclosure Homes in Cleveland, MN

Current Market Conditions in Cleveland, MN

The real estate market in Cleveland, MN, is currently characterized by stable pricing and a limited inventory of homes for sale. This presents a unique opportunity for investors looking to enter a community with low turnover rates, ensuring a steady demand for rental properties.

As interest in rural living increases, Cleveland has become an attractive option for individuals and families looking to escape urban centers. This trend is likely to result in rising property values, making it a promising area for real estate investment.

Rent Prices In Cleveland, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cleveland, MN, is on a rollercoaster ride. The average rent price in Cleveland, MN, is $1,659.00. Indeed, when looking to rent in Cleveland, MN, you can expect to pay as little as $670.00 or as much as $3,430.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Cleveland, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.