20 zip codes·Updated September 2026

Cleveland rents and rental comps

The median asking rent across 20 Cleveland zip codes is $1,196/month, down 1.5% from a year ago.

Deep cash flow market with entry prices that will surprise you. Healthcare is the anchor, and the Cleveland Clinic alone is a rental demand engine. Not glamorous, but the cap rates don't need to be.

Median Asking Rent

$1,196

Rent Change (YoY)

-1.5%

Avg Days on Market

Active Rental Listings

3,334

Median List Price

$173,999

Median Asking Rent Over Time

Average across 20 zip codes

12 months-1.6%

Median Asking Rent by ZIP Code

Rental Listings by ZIP Code

ZIP	Median Rent	YoY Growth	$/Sqft	Avg DOM	Listings
44121	$1,700/mo	+4.6%	$1.18	44	113
44114	$1,525/mo	+1.7%	$1.96	14	82
44113	$1,500/mo	-0.7%	$1.73	57	189
44115	$1,440/mo	-4.3%	$1.75	52	65
44118	$1,400/mo	-6.7%	$1.21	60	222
44106	$1,300/mo	0.0%	$1.43	61	187
44128	$1,300/mo	+8.3%	$1.25	35	106
44107	$1,250/mo	0.0%	$1.45	50	237
44135	$1,209/mo	-8.8%	$1.35	45	41
44120	$1,150/mo	+0.3%	$1.15	59	397
44102	$1,100/mo	0.0%	$1.22	42	338
44105	$1,100/mo	+2.8%	$1.02	44	275
44111	$1,100/mo	-8.3%	$1.12	35	123
44108	$1,099/mo	+4.7%	$0.91	52	177
44109	$1,090/mo	-0.9%	$1.11	43	225
44104	$1,050/mo	+7.7%	$1.00	70	89
44110	$1,025/mo	+2.5%	$1.00	68	183
44119	$1,025/mo	-18.0%	$1.08	36	57
44103	$1,000/mo	-9.1%	$1.02	56	92
44112	$875/mo	-5.4%	$1.08	83	136

Comps for any address in Cleveland

Type the address, get the comps. No setup.

Median Asking Rent by Bedroom

Unit Size	Median Rent	$/Sqft
Studio	$800/mo	$1.76/sqft
1 Bedroom	$870/mo	$1.34/sqft
2 Bedroom	$1,037/mo	$1.11/sqft
3 Bedroom	$1,300/mo	$1.11/sqft
4 Bedroom	$1,608/mo	$1.13/sqft

Aggregated median across all Cleveland zip codes with available data.

For-Sale Listings by ZIP Code

ZIP	Median List Price	YoY Change	$/Sqft
44113	$330,000	+0.0%	$224.69
44107	$325,000	+4.8%	$177.17
44106	$289,900	+5.4%	$138.24
44114	$280,000	-28.0%	$164.22
44118	$275,000	+5.8%	$131.49
44121	$200,000	+8.1%	$109.06
44111	$180,150	-2.0%	$120.54
44109	$179,900	+6.4%	$97.69
44115	$179,000	-18.6%	$202.42
44102	$178,000	+7.9%	$108.51
44119	$169,997	+6.2%	$90.77
44135	$159,990	+1.3%	$131.63
44120	$135,000	-0.7%	$77.62
44128	$124,900	+5.8%	$84.44
44103	$119,900	-11.2%	$53.96
44104	$109,900	+22.1%	$65.68
44108	$109,900	-6.1%	$57.56
44105	$108,000	+13.7%	$66.50
44110	$105,000	+5.1%	$63.37
44112	$99,900	-13.1%	$51.88

HUD Fair Market Rents

Unit Size	Fair Market Rent	Median Asking Rent	Difference
Studio	$1,400/mo	$800/mo	-43%
1 Bedroom	$1,590/mo	$870/mo	-45%
2 Bedroom	$1,920/mo	$1,037/mo	-46%
3 Bedroom	$2,470/mo	$1,300/mo	-47%
4 Bedroom	$2,640/mo	$1,608/mo	-39%

HUD publishes Fair Market Rents once a year for the Cleveland metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.

Cuyahoga County FMR page Section 8 vs market rent

About the Cleveland rental market

The median asking rent across Cleveland, OH sits at $1,196/month, pulled from active rental listings in 20 zip codes. That's down 1.5% from a year ago.

Rents aren't uniform across the city. ZIP 44121 tops the list at $1,700/month. ZIP 44112 comes in lowest at $875/month. That's a 94% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.

A 2-bedroom rents for $1,037/month at the median. 1-bedrooms run about $870. 3-bedrooms come in around $1,300.

Listings take longer here. The average is 50 days on market, which gives renters more room to negotiate and means landlords should price carefully.

Gross rent-to-value lands around 8.2% ($1,196/month rent on a $173,999 median price). Middle of the pack for cash-flow markets.

HUD's Fair Market Rent for a 2-bedroom in the Cleveland metro is $1,920/month. Asking rents come in about 38% below the federal benchmark, which can make Section 8 properties competitive here.

Cleveland is a pure cash flow play. Purchase prices run among the lowest of any major metro, and rent-to-price ratios can be exceptional in the right neighborhoods. The Cleveland Clinic and University Hospitals are the economic anchors. Healthcare employment here is massive and recession-resistant. Tremont, Ohio City, and Detroit Shoreway are the gentrified premium areas. East side neighborhoods have the most aggressive cash flow numbers but demand more careful property selection. Like Detroit, the gap between a great investment and a problem property can be a few streets. Rewards investors who do the homework on specific neighborhoods instead of chasing the prettiest spreadsheet.

These numbers are city-wide averages. If you're pricing a specific property in Cleveland, pull comps from the same zip code. The spread is usually bigger than people expect.