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Cleveland city, OH

ZIP 44108 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 44108

Median Home Value
$62,000
Median Rent
$687
Affordability Snapshot
$17,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$398/mo PITI).

25%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

7.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 44108 in Cleveland city, OH, a household would need roughly $17,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $398. That sits below the local median household income ($32,530), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 24% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
47.7%-27% vs US avg
x
Vacancy Rate
24.4%+137% vs US avg
x
Broadband Access
73.1%-16% vs US avg
x
4+ Bedrooms
8.3%-44% vs US avg
x
Built Pre-1939
6.9%-46% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
36.5%-27% vs US avg
x
Mortgage-Free
63.0%+65% vs US avg
x
$62,000
Home Value
$687
Rent
1938
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached45.3%
  • 1-unit attached15.8%
  • 2-9 units28.6%
  • 10+ units9.3%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$62,000
Median rent$687
Owner-occupied47.7%
Vacant24.4%
Price-to-income1.9x
Est. income to buy$17,000