Market research · OH

ClevelandOhio market area

79 ZIP codes · in the Cleveland-Elyria, OH metro (CBSA 17410)

Truehold’s Cleveland market area covers 79 ZIP codes in Ohio.

Figures below combine those 79 ZIP codes. Read them as a picture of this market area, not of the full metro.

Rent growth & home prices
through Aug 31, 2026
Population
Census 2024
Listings
current · last 90 days

Loading market map…

Market area Scored ZIP (29) Other ZIP (50)
Select a ZIP to open its report. Scored ZIPs had at least 10 rentals in the last 90 days. Scroll over the map to zoom.
Average estimated home value
$310,297
AVM, averaged across 636,683 homes
Average estimated monthly rent
$2,707
Rent AVM, averaged across the same homes
Gross yield
10.47%
12 × rent estimate ÷ value estimate
Rent growth · 12 months Approx.
≈ 5.38%
Through Aug 31, 2026 · covers 63% of homes
Rental market

Cleveland in Truehold’s top 10

The four rental measures behind the market score, next to the typical Truehold market: the median across the 19 markets with at least 100 rentals in the last 90 days. These describe recent rental conditions, not a forecast.

#5 of Truehold’s top 10 marketsScore 65.0

  • Rent growth · 12 monthsApprox.
    Cleveland
    ≈ 5.38%
    Typical market
    2.80%

    Rents grew faster than in a typical market.

  • Gross yield
    Cleveland
    10.47%
    Typical market
    8.70%

    A higher gross yield than a typical market.

  • Average days on market · rented last 90 days
    Cleveland
    61.4
    Typical market
    59.2

    About the same as a typical market.

  • Rentals per 1,000 homes · last 90 days
    Cleveland
    1.30
    Typical market
    1.89

    Fewer recent rentals for its size than a typical market: 826 across 636,683 homes.

Housing profile

The homes covered by the 79 ZIP codes’ market data. Unit counts are added together; estimates and home features are averages weighted by each ZIP’s units.

Total units
636,683
Institutional ownership
0.01%
AVM
$310,297
Rent AVM
$2,707
Gross yield
10.47%
Average bedrooms
3.3
Average bathrooms
2.1
Average square feet
1,899
Average year built
1960

Market direction

Growth over the stated period, ending Aug 31, 2026. These are separate period measures, not a monthly time series. Each figure averages the ZIPs’ own growth rates, weighted by units, so it approximates the market-wide change.

Home price growth · year over yearApprox.
≈ 5.35%
Rent growth · 1 monthApprox.
≈ 0.11%
Rent growth · 3 monthsApprox.
≈ 0.82%
Rent growth · 6 monthsApprox.
≈ 2.39%
Rent growth · 12 monthsApprox.
≈ 5.38%
Home price growth covers
100.00% of units
12-month rent growth covers
62.8% of units
Listing activity

The rental & sale market

Current listings alongside a recent sample: rentals marked rented in the last 90 days, and sold homes first listed in the last 90 days. Counts are added across ZIPs; days on market, asking prices and institutional shares are averages weighted by each ZIP’s listing count. Sample sizes and property mix differ; these columns are not a growth calculation.

Rental listings
MeasureCurrentRented · last 90 days
Listings915826
Average days on market21.261.4
Institutional share of listings0.22%0%
Current monthly asking rent (average now · median recent)$1,916Not combined
Sale listings
MeasureCurrentSold · listed in last 90 days
Listings4,1442,265
Average days on market72.6Not reported
Institutional share of listings0.02%Not reported
Current asking price$345,463Not reported
Median sold listing priceNot reportedNot combined

“Not combined” marks ZIP-level medians: a median of medians isn’t the market’s median, so they appear only on each ZIP’s page. Missing prices are not zero-dollar listings.

People & supply

Population from the 2024 Census estimates, and new listing activity reported for the 79 ZIP codes. Household income is a median, so it stays on each ZIP’s page.

Population
1,969,802
Population growth · year over yearApprox.
≈ 0.02%
New listings · last 12 months
24,804
New listings · share of units
3.9%

All 79 ZIP codes

Sorted by hot-rental score. Select a column heading to re-sort.

29 scored · 50 with too few rentals
44105Top 10Cleveland84.86.27%23.24%4850$84,121
44123Euclid82.16.64%14.01%4323$162,075
44135Cleveland81.89.09%13.23%3613$171,144
44134Parma81.07.31%11.15%3716$236,193
44132Euclid80.713.02%14.38%4518$160,620
44137Maple Heights78.313.40%15.27%6757$142,097
44111Cleveland76.67.73%12.31%5940$193,454
44128Warrensville Heights75.710.19%16.81%7147$124,819
44060Mentor73.94.83%10.07%4117$331,467
44077Painesville72.94.41%10.04%3010$310,084
44121Cleveland Heights72.93.74%13.41%5344$198,908
44124Mayfield Heights70.55.44%10.70%4815$376,977
44120Shaker Heights69.64.24%12.76%5626$246,635
44107Lakewood68.33.33%9.30%3818$394,908
44146Bedford67.11.88%12.44%3114$217,155
44118University Heights66.18.51%11.05%5812$306,903
44110Cleveland65.610.21%21.93%8315$94,154
44112East Cleveland63.59.37%22.40%10314$101,837
44125Garfield Heights63.04.64%14.47%7319$161,092
44106Cleveland62.53.59%12.14%5414$288,278
44102Cleveland60.12.98%11.96%6222$214,126
44103Cleveland59.91.00%19.71%3711$110,197
44129Parma58.912.07%11.36%14012$225,697
44256Medina58.71.99%8.82%3416$451,267
44108Cleveland58.52.35%16.63%6926$134,456
44052Lorain57.61.63%13.20%4613$156,963
44109Cleveland56.92.91%13.33%6415$165,295
44122Shaker Heights55.84.42%10.19%7414$457,976
44113Cleveland50.11.30%9.95%5218$388,396
44001Amherst——9.44%282$306,913
44011Avon——9.03%171$509,418
44012Avon Lake——8.96%214$496,337
44017Berea——10.84%258$269,695
44022Chagrin Falls——8.27%602$806,469
44023Chagrin Falls——8.72%—0$556,416
44024Chardon——8.99%221$390,865
44026Chesterland——8.79%872$406,924
44035Elyria—5.23%11.64%376$204,804
44039North Ridgeville——9.65%477$360,424
44040Gates Mills——8.03%—0$871,100
44044Grafton——9.44%—0$344,620
44045Painesville——11.70%—0$212,920
44050Lagrange——9.78%191$326,908
44053Lorain——10.49%482$274,576
44054Sheffield——10.49%712$272,442
44055Lorain——14.62%46612$130,559
44065Newbury——9.03%—0$349,322
44070North Olmsted—4.11%10.52%506$305,838
44072Novelty——8.14%—0$568,624
44074Oberlin——9.14%311$311,339
44081Perry——9.82%—0$306,723
44090Wellington——10.15%171$305,972
44092Wickliffe—3.43%11.69%246$235,779
44094Willoughby—6.86%9.79%477$360,528
44095Eastlake—3.85%11.92%387$221,999
44104Cleveland——20.42%10111$98,505
44114Cleveland—4.20%12.40%—0$231,707
44115Cleveland—2.26%14.95%—0$174,604
44116Rocky River——8.56%167$569,624
44117Euclid——14.15%855$168,526
44119Cleveland—7.05%14.18%266$159,233
44126Fairview Park——9.85%456$329,105
44127Cleveland——33.87%1296$56,453
44130Parma Heights—2.99%10.73%565$271,961
44131Independence——10.03%443$368,507
44133North Royalton——9.36%163$414,614
44136Strongsville——9.52%503$401,258
44138Olmsted Falls——10.43%1532$332,276
44139Solon——9.74%4714$545,968
44140Bay Village——9.23%359$491,872
44141Brecksville——9.14%312$539,497
44142Brookpark——11.55%216$228,157
44143Highland Heights——11.08%152$366,357
44144Brooklyn——12.15%1292$193,014
44145Westlake—2.45%9.78%546$539,576
44147Broadview Heights——9.36%434$454,749
44149Strongsville——9.43%582$417,583
44212Brunswick—6.33%9.97%483$348,160
44281Wadsworth——9.08%2612$389,449
Score: 0–100 hot-rental score among the 647 published Truehold ZIPs with at least 10 rentals in the last 90 days. “Top 10” marks a ZIP in Truehold’s national top 10. “—” means too few rentals to score, or no value reported.
Cleveland rental market · Ohio market area — Truehold Portfolio