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East Cleveland

Learn about the people, housing, costs and businesses in East Cleveland, Tennessee

Median Home$172,566
Median Rent$965/month
Population1,714
Leading IndustriesManufacturing · Agriculture & Mining · Education17% manufacturing
Home Value Growth⬆⬆+19.3% over 2 years
Young Adults34% of residentswell above average
Renters66% of occupied units
East Cleveland
TN

Frequently Asked Questions

What are today's mortgage rates in East Cleveland?

As of today, the 30-year fixed mortgage rate for East Cleveland is approximately 6.899% (6.935% 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 East Cleveland?

The median home value in East Cleveland is $173k. The median monthly rent is $965. Annual property taxes average $679. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East Cleveland?

Home values in East Cleveland have increased 19.3% 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 East Cleveland?

Based on a typical all-in ownership cost of $928/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in East Cleveland is $42k/year.

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What industries drive the economy in East Cleveland?

The largest employment sectors in East Cleveland are public administration (18%) and agriculture and mining (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.