What is the median home price in Cleveland?

The median home price in Cleveland, OH is currently in the $145k – $185k range (data as of 2026-04). For fix-and-flip investors, distressed acquisition typically runs 65–80% of median, depending on submarket and condition.

What is a good cap rate in Cleveland?

Stabilized rental cap rates in Cleveland, OH typically fall in the 8.0% – 11.5% range as of 2026-04. Higher cap rates are common in older / B-tier submarkets, lower in A-tier neighborhoods with strong appreciation.

What are the best strategies for real estate investing in Cleveland?

The strategies that work best in Cleveland, OH are BRRRR, Multi-Unit Conversion, Fix & Flip. Pure cash-flow BRRRR market. See the strategy comparison below for the full playbook.

What is the average days on market in Cleveland?

Days on market in Cleveland, OH currently runs 42 – 60 days (data as of 2026-04). Faster DOM favors Fix & Flip exits; slower DOM (60+ days) usually pushes operators toward BRRRR or rental hold.

What is the average rent in Cleveland?

Median rent in Cleveland, OH is $1,150 – $1,400 / mo as of 2026-04. The most relevant rental benchmark for BRRRR is the 1% rule (monthly rent ≥ 1% of all-in cost) — verify against submarket-specific rent comps before underwriting.

Market · OH · 2026 data

Fix and Flip in Cleveland, OH

Lowest-basis Midwest BRRRR; deep distressed pipeline.

Cleveland market thesis

Cleveland is one of the cheapest entry points in any major US metro — sub-$150k entry on much B/C inventory. The trade-off: thinner appreciation tailwind, intensive operations layer. Pure cash-flow BRRRR market.

Key metrics

$145k – $185k

Median home price

DealIntel · 2026-04

$1,150 – $1,400 / mo

Median rent

DealIntel · 2026-04

42 – 60 days

Days on market (median)

DealIntel · 2026-04

8.0% – 11.5%

Stabilized cap rate range

DealIntel · 2026-04

$38 – $65

Typical rehab cost / sqft

DealIntel · 2026-04

+18% to +26%

5-year appreciation

DealIntel · 2026-04

-0.4% / yr

Population growth (annual)

BLS · 2026-04

Top investor neighborhoods in Cleveland

TremontPremium flip, gentrification path
Detroit-ShorewayMid-rehab BRRRR
West Park / Kamm's CornersSub-$180k BRRRR
Slavic VillageDeep distressed inventory
Lakewood (suburb)Mid-tier flip, retail demand

Best strategies for Cleveland

Of DealIntel's six underwritten strategies, the following rank best-fit-first for Cleveland, OH. Every property in the platform is scored against all six paths in parallel; these are the ones that consistently produce the highest risk-adjusted return in this market.

Tailwinds — what's working in Cleveland

Cleveland Clinic + Case Western anchor employment
Lowest prices on this list
Highest cap rates on this list

Kill flags — common ways Cleveland deals fail

Older stock — lead paint, knob-and-tube, asbestos common
Lake-effect winter — roof life shorter than national average
C-class operations intensity (Slavic Village, Hough)

DealIntel's 25-point kill list catches these and 20+ others on every property — see the platform overview for how the kill list runs before strategy evaluation begins.

ADU and multi-unit regulation in Cleveland

Cleveland permits ADUs in most R-zones. Cuyahoga County rental registration required in many municipalities.

For state-by-state ADU and middle-housing regulatory background, see the ADU strategy guide and the multi-unit conversion guide.

Underwrite a deal in this market

Run a free ARV, MAO, or BRRRR calculation on a Cleveland property using the calculators below. For full kill-list + six-strategy evaluation + Investment Memorandum PDF, see pricing — pay-per-deal from $149.

ARV calculatorConfidence-weighted comp method MAO (70% rule) calculatorMaximum allowable offer math BRRRR calculatorFull Buy-Rehab-Rent-Refi-Repeat model Cap rate calculatorNOI / value with asset-class ranges

Nearby markets and related guides

Reviewed by

DealIntel Research

Underwriting and Real Estate Research Team

DealIntel's underwriting team builds and maintains the platform's six-strategy engine, 25-point kill list, and Monte-Carlo financial model. Every piece of long-form content on dealintel.io is reviewed by an underwriter with direct experience scoring residential investment deals.

Last reviewed: 2026-04