Foreclosure Homes in Cleveland, OH 44110

Current Market Conditions in Cleveland, OH

The Cleveland real estate market remains competitive, driven by affordable housing prices compared to national averages. Demand for homes in desirable neighborhoods has increased as buyers seek both value and quality of life. The city's economic diversification, including growth in healthcare and technology sectors, is attracting new residents, adding further momentum to the housing market.

Rental properties are also in high demand, particularly in areas close to downtown and educational institutions, making it an attractive investment opportunity for landlords.

Rent Prices In Cleveland, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cleveland, OH, is on a rollercoaster ride. The average rent price in Cleveland, OH, is $1,220.00. Indeed, when looking to rent in Cleveland, OH, you can expect to pay as little as $500.00 or as much as $3,500.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Cleveland, OH -- 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.