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

Written by

Matt Abadi

Founder, DealIntel

Matt Abadi is the founder of DealIntel. He leads the development of the platform's six-strategy underwriting engine, 25-point Kill List, and Monte-Carlo financial model — the institutional analysis stack DealIntel applies to every fix and flip deal. DealIntel was founded in 2025 with the central thesis that knowing when not to invest is the most valuable number on the page.

Last reviewed: 2026-04