Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Cleveland, OH

Housing in Cleveland, OH: Rent, Home Prices & Property Tax

$1,065/mo (1 bd) in Cleveland. Median home $201,000. Property tax 1.75%.

Compare vs Chicago Rank metros from ClevelandHow we figure this

Rent (1 bd): $1,065; /mo
Buy: $1,494; Mortgage, tax, insurance
Buying costs more: $429; /mo

State tax and rent

To buy

20% down payment$40,200
Mortgage at 6.5%$1,016
Property tax (1.75% of value)$293/mo · $3,518/yr
Insurance and upkeep$184
Monthly total$1,494

43.7% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,693 left each month. About 15 months (1.3 years) to save $40,200.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

Moving from Cleveland

Cleveland → Cincinnati · $31 more

Compare Cleveland