In Cleveland it's cheaper to buy than rent!

Dated: May 25 2023

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Buying is more affordable than renting in Detroit, Philadelphia, Cleveland and Houston! 

Buying the typical home would cost only an estimated 10% more than renting it, and renting it would be MORE than the mortgage on it! 

To give an idea, typically the homes across the U.S.A. cost more to buy than to rent.

Meanwhile in Cleveland, Ohio, house sale values are 4% lower to buy than to rent.

The average, median monthly mortgage in Cleveland is $1,730, while the average median rent cost is $1,800. A similar amount, yet one offers a return on investment and equity in your pocket!

Like this information? Check out future article, "Buy Vs. Rent"<a href=Cleveland Rent Costs more than Buy" width="614" height="670" />

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Tabatha Whewell

Tabatha Whewell is a highly esteemed Realtor with over 20 years of experience in the real estate industry. Born and raised in Cleveland, Ohio, Tabatha has developed a deep understanding of the local m....

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