Cleveland, OH Real Estate

According to census data in the year 2000 there were 215,844 housing units in Cleveland. This represents a 3.8% decline from 224,311 in 1990.

Of those housing units, 215,844 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cleveland is about 48.5%. Cleveland's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Cleveland were built after 1941.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom16.40%
Two Bedrooms36.30%
Three Bedrooms31.60%
Four Bedrooms10.50%
Five Bedrooms or more3.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1939
Median Value of occupied units$72,100
Median Price asked for vacant units$63,400

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1945
Median Monthly Rent asked for vacant units$393

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8.80%
Home Equity Loan9.50%
Simple Mortgage49.30%
Debt Free32%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%