Most Affordable Neighborhoods in Cleveland - 2026 Data
The median home value in Cleveland is $87,400, 69% below nat'l avg. Median rent is $888/month. With an affordability index of 135, Cleveland is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Cleveland, OH area.
Key Takeaways: Affordability in Cleveland
- 1The most affordable neighborhood in Cleveland is Cincinnati, with a median home value of $170,000.
- 2Cleveland's median home value is $87,400, 69% below nat'l avg (national: $281,900).
- 3Cleveland's affordability index is 135 (baseline 100), making it more affordable than the national average.
- 4Median rent in Cleveland is $888/month, 24% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Cleveland to find the most affordable areas based on home values, rent, and affordability index.
Cleveland Affordability Overview
Median Home Value
$87,400
69% below nat'l avg
Median Rent
$888/mo
24% below nat'l avg
Median Income
$37,271
50% below nat'l avg
Affordability Index
135
35% above nat'l avg
Most Affordable Neighborhoods in Cleveland (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | CincinnatiOH | $170,000 |
| 2 | NewarkOH | $162,300 |
| 3 | MonroeOH | $242,000 |
| 4 | LorainOH | $115,200 |
| 5 | WickliffeOH | $146,600 |
| 6 | SalemOH | $113,700 |
| 7 | Mount VernonOH | $149,200 |
| 8 | AkronOH | $99,700 |
| 9 | BeachwoodOH | $362,500 |
| 10 | CantonOH | $86,200 |
| 11 | CirclevilleOH | $157,900 |
| 12 | East ClevelandOH | $71,800 |
| 13 | New FranklinOH | $185,000 |
| 14 | HamiltonOH | $141,300 |
| 15 | EuclidOH | $105,000 |