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Cleveland Heights-University Heights

Learn about the people, housing, costs and businesses in Cleveland Heights-University Heights, Ohio

Median Home$219,209
Median Rent$1,371/month
Population57,137
Leading IndustriesPublic Administration · Healthcare · Arts, Food & Hospitality36% public administration
Home Value Growth⬆⬆+19.4% over 2 years
Young Adults36% of residentstop 3% nationally
Homeowners60% of occupied units
NotableHighly Educated28% bachelor's · 20% graduate · top 7% nationally
Cleveland Heights-University Heights
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Cleveland Heights-University Heights?

As of today, the 30-year fixed mortgage rate for Cleveland Heights-University Heights is approximately 7.037% (7.074% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cleveland Heights-University Heights?

The median home value in Cleveland Heights-University Heights is $219k. The median monthly rent is $1,371. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cleveland Heights-University Heights?

Home values in Cleveland Heights-University Heights have increased 19.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cleveland Heights-University Heights?

Based on a typical all-in ownership cost of $1,437/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cleveland Heights-University Heights is $82k/year.

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What industries drive the economy in Cleveland Heights-University Heights?

The largest employment sectors in Cleveland Heights-University Heights are public administration (36%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.