Rental numbers for the Cleveland, OH metro
The typical home here runs -$761 a month at 7.78% with 25% down, breaking even at about 0.9%. 10 of 58 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.8%.
- Gross yield
- 6.9%
- typical home, Zillow
- Median ZIP yield
- 7.8%
- 58 ZIPs with full data
- Cash flow
- -$761/mo
- at 7.78%, 25% down
- Typical price
- $254,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,454/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
96 with published figures
| 44127Cleveland | $62,000 | $970* | 18.7% | 11.0% | +$236 | n/a |
| 44108Cleveland | $78,000 | $1,205 | 18.6% | 12.0% | +$363 | +2.4% |
| 44105Cleveland | $78,000 | $1,199 | 18.5% | 11.5% | +$326 | +6.3% |
| 44104Cleveland | $84,000 | $1,201 | 17.2% | 11.1% | +$326 | n/a |
| 44103Cleveland | $81,000 | $1,053 | 15.7% | 9.4% | +$200 | +1.0% |
| 44110Cleveland | $86,000 | $1,103 | 15.4% | 8.8% | +$169 | +10.2% |
| 44128Warrensville Heights | $106,000 | $1,356 | 15.3% | 9.3% | +$254 | +10.2% |
| 44137Maple Heights | $138,000 | $1,561 | 13.6% | 7.3% | +$97 | +13.4% |
| 44112East Cleveland | $84,000 | $947 | 13.5% | 7.5% | +$71 | +9.4% |
| 44115Cleveland | $171,000 | $1,701 | 11.9% | 7.5% | +$155 | +2.3% |
| 44102Cleveland | $135,000 | $1,329 | 11.9% | 6.9% | +$43 | +3.0% |
| 44125Garfield Heights | $147,000 | $1,437 | 11.7% | 5.7% | -$91 | +4.6% |
| 44121Cleveland Heights | $179,000 | $1,660 | 11.1% | 5.4% | -$156 | +3.7% |
| 44055Lorain | $130,000 | $1,194 | 11.0% | 6.3% | -$22 | n/a |
| 44135Cleveland | $159,000 | $1,463 | 11.0% | 6.0% | -$55 | +9.1% |
| 44132Euclid | $155,000 | $1,391 | 10.8% | 5.3% | -$157 | +13.0% |
| 44120Shaker Heights | $135,000 | $1,149 | 10.2% | 4.5% | -$222 | +4.2% |
| 44119Cleveland | $140,000 | $1,129 | 9.7% | 4.7% | -$205 | +7.0% |
| 44134Parma | $214,000 | $1,664 | 9.3% | 4.6% | -$340 | +7.3% |
| 44111Cleveland | $164,000 | $1,268 | 9.3% | 4.5% | -$269 | +7.7% |
| 44052Lorain | $142,000 | $1,077 | 9.1% | 4.6% | -$218 | +1.6% |
| 44114Cleveland | $216,000 | $1,626 | 9.0% | 5.1% | -$252 | +4.2% |
| 44049Wellington | $146,000 | $1,090* | 9.0% | 4.6% | -$222 | n/a |
| 44109Cleveland | $152,000 | $1,121 | 8.8% | 4.0% | -$316 | +2.9% |
| 44123Euclid | $144,000 | $1,039 | 8.7% | 3.5% | -$360 | +6.6% |
| 44106Cleveland | $208,000 | $1,480 | 8.6% | 3.5% | -$516 | +3.6% |
| 44117Euclid | $171,000 | $1,194 | 8.4% | 3.1% | -$474 | n/a |
| 44144Brooklyn | $187,000 | $1,290 | 8.3% | 3.6% | -$441 | n/a |
| 44149Strongsville | $387,000 | $2,650 | 8.2% | 4.0% | -$799 | n/a |
| 44035Elyria | $191,000 | $1,292 | 8.1% | 4.0% | -$394 | +5.2% |
| 44070North Olmsted | $278,000 | $1,844 | 7.9% | 3.3% | -$742 | +4.1% |
| 44039North Ridgeville | $334,000 | $2,153 | 7.7% | 3.9% | -$703 | n/a |
| 44138Olmsted Falls | $306,000 | $1,966 | 7.7% | 3.1% | -$868 | n/a |
| 44124Mayfield Heights | $257,000 | $1,638 | 7.6% | 3.1% | -$722 | +5.4% |
| 44095Eastlake | $206,000 | $1,307 | 7.6% | 3.2% | -$567 | +3.9% |
| 44215Chippewa Lake | $218,000 | $1,350* | 7.4% | 3.8% | -$481 | n/a |
| 44118University Heights | $253,000 | $1,558 | 7.4% | 2.2% | -$908 | +8.5% |
| 44142Brookpark | $220,000 | $1,350* | 7.4% | 3.2% | -$601 | n/a |
| 44054Sheffield | $230,000 | $1,360* | 7.1% | 3.2% | -$629 | n/a |
| 44060Mentor | $280,000 | $1,658 | 7.1% | 3.3% | -$744 | +4.8% |
| 44129Parma | $214,000 | $1,256 | 7.0% | 2.6% | -$693 | +12.1% |
| 44131Independence | $321,000 | $1,840* | 6.9% | 2.8% | -$988 | n/a |
| 44139Solon | $466,000 | $2,644 | 6.8% | 2.7% | -$1,470 | n/a |
| 44077Painesville | $261,000 | $1,478 | 6.8% | 2.8% | -$793 | +4.4% |
| 44057Madison | $237,000 | $1,330* | 6.7% | 2.5% | -$784 | n/a |
| 44146Bedford | $187,000 | $1,043 | 6.7% | 2.3% | -$654 | +1.9% |
| 44017Berea | $245,000 | $1,320 | 6.5% | 2.1% | -$887 | n/a |
| 44113Cleveland | $315,000 | $1,691 | 6.4% | 3.0% | -$909 | +1.3% |
| 44122Shaker Heights | $382,000 | $2,040 | 6.4% | 2.1% | -$1,400 | +4.4% |
| 44281Wadsworth | $321,000 | $1,704 | 6.4% | 3.0% | -$934 | n/a |
| 44012Avon Lake | $426,000 | $2,259 | 6.4% | 2.8% | -$1,302 | n/a |
| 44130Parma Heights | $242,000 | $1,272 | 6.3% | 2.0% | -$892 | +3.0% |
| 44143Highland Heights | $313,000 | $1,644 | 6.3% | 2.0% | -$1,168 | n/a |
| 44133North Royalton | $341,000 | $1,777 | 6.3% | 2.4% | -$1,157 | n/a |
| 44212Brunswick | $321,000 | $1,653 | 6.2% | 2.7% | -$1,015 | +6.3% |
| 44251Westfield Center | $374,000 | $1,920* | 6.2% | 2.9% | -$1,124 | n/a |
| 44092Wickliffe | $212,000 | $1,075 | 6.1% | 1.8% | -$827 | n/a |
| 44045Painesville | $227,000 | $1,140* | 6.0% | 2.4% | -$764 | n/a |
| 44256Medina | $384,000 | $1,925 | 6.0% | 2.7% | -$1,204 | +2.0% |
| 44107Lakewood | $298,000 | $1,411 | 5.7% | 1.5% | -$1,231 | +3.3% |
| 44094Willoughby | $295,000 | $1,382 | 5.6% | 1.8% | -$1,147 | +6.9% |
| 44028Columbia Station | $405,000 | $1,890* | 5.6% | 2.1% | -$1,459 | n/a |
| 44126Fairview Park | $286,000 | $1,304 | 5.5% | 1.2% | -$1,262 | n/a |
| 44050Lagrange | $306,000 | $1,370* | 5.4% | 1.8% | -$1,179 | n/a |
| 44145Westlake | $426,000 | $1,898 | 5.3% | 1.8% | -$1,654 | +2.5% |
| 44011Avon | $478,000 | $2,117 | 5.3% | 1.8% | -$1,839 | n/a |
| 44053Lorain | $247,000 | $1,080* | 5.3% | 1.8% | -$949 | n/a |
| 44147Broadview Heights | $374,000 | $1,600 | 5.1% | 1.2% | -$1,636 | n/a |
| 44074Oberlin | $279,000 | $1,180* | 5.1% | 1.7% | -$1,117 | n/a |
| 44001Amherst | $284,000 | $1,190* | 5.0% | 1.7% | -$1,135 | n/a |
| 44064Montville | $322,000 | $1,350* | 5.0% | 1.9% | -$1,225 | n/a |
| 44136Strongsville | $361,000 | $1,500* | 5.0% | 1.3% | -$1,562 | n/a |
| 44254Lodi | $264,000 | $1,090* | 5.0% | 1.5% | -$1,089 | n/a |
| 44022Chagrin Falls | $619,000 | $2,550 | 4.9% | 1.1% | -$2,750 | n/a |
| 44140Bay Village | $426,000 | $1,750* | 4.9% | 0.9% | -$1,977 | n/a |
| 44275Spencer | $336,000 | $1,370* | 4.9% | 1.7% | -$1,337 | n/a |
| 44026Chesterland | $388,000 | $1,560* | 4.8% | 1.6% | -$1,587 | n/a |
| 44072Novelty | $466,000 | $1,870* | 4.8% | 1.5% | -$1,913 | n/a |
| 44086Thompson | $309,000 | $1,230* | 4.8% | 1.7% | -$1,221 | n/a |
| 44044Grafton | $319,000 | $1,260* | 4.7% | 1.4% | -$1,351 | n/a |
| 44141Brecksville | $447,000 | $1,760* | 4.7% | 0.9% | -$2,082 | n/a |
| 44280Valley City | $491,000 | $1,920* | 4.7% | 1.8% | -$1,906 | n/a |
| 44021Burton | $309,000 | $1,190* | 4.6% | 1.5% | -$1,272 | n/a |
| 44023Chagrin Falls | $508,000 | $1,920* | 4.5% | 1.1% | -$2,280 | n/a |
| 44116Rocky River | $404,000 | $1,515 | 4.5% | 0.8% | -$1,920 | n/a |
| 44081Perry | $299,000 | $1,100* | 4.4% | 1.2% | -$1,310 | n/a |
| 44046Huntsburg | $322,000 | $1,150* | 4.3% | 1.2% | -$1,414 | n/a |
| 44024Chardon | $381,000 | $1,350* | 4.3% | 1.0% | -$1,749 | n/a |
| 44273Seville | $333,000 | $1,170* | 4.2% | 1.2% | -$1,466 | n/a |
| 44090New London | $293,000 | $1,010* | 4.1% | 0.9% | -$1,357 | n/a |
| 44062Middlefield | $306,000 | $1,050* | 4.1% | 0.9% | -$1,417 | n/a |
| 44065Newbury | $335,000 | $1,090* | 3.9% | 0.8% | -$1,581 | n/a |
| 44253Litchfield | $402,000 | $1,270* | 3.8% | 0.8% | -$1,906 | n/a |
| 44235Homerville | $382,000 | $1,150* | 3.6% | 0.7% | -$1,842 | n/a |
| 44040Gates Mills | $741,000 | $1,920* | 3.1% | -0.2% | -$4,092 | n/a |
| 44233Hinckley | $516,000 | $1,170* | 2.7% | -0.3% | -$2,890 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.9%
- Rent, 12 months
- +4.5%
- Rent minus price growth
- +0.5 pts
- Property tax
- 1.62%
- effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $192,772 | $1,097 |
| Aug 2022 | $211,565 | $1,193 |
| Aug 2023 | $218,886 | $1,252 |
| Aug 2024 | $233,643 | $1,335 |
| Aug 2025 | $244,112 | $1,392 |
| Aug 2026 | $253,678 | $1,454 |
Counties
- Lorain County, OH7.9% median yield
- Cuyahoga County, OH8.5% median yield
- Geauga County, OHn/a median yield
- Lake County, OH6.8% median yield
- Medina County, OH6.2% median yield
Tools
Questions
- Is the Cleveland, OH metro good for rental property?
- The typical home here runs -$761 a month at 7.78% with 25% down, breaking even at about 0.9%. 10 of 58 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.8%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Cleveland, OH metro have the highest rental yield?
- 44108 (Cleveland) at 18.6%, 44105 (Cleveland) at 18.5%, 44104 (Cleveland) at 17.2%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.