Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Mayfield Heights

Learn about the people, housing, costs and businesses in Mayfield Heights, Ohio

Median Home$251,717
Median Rent$1,247/month
Population20,022
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation10% arts, food & hospitality
Home Value Growth⬆⬆+20.1% over 2 years
Young Adults34% of residentswell above average
Renters51% of occupied units
NotableAmenity Score74/100 · highly walkable area
NotableHighly Educated27% bachelor's · 14% graduate · top 14% nationally
Mayfield Heights
OH

Explore Mayfield Heights

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

Frequently Asked Questions

What are today's mortgage rates in Mayfield Heights?

As of today, the 30-year fixed mortgage rate for Mayfield Heights is approximately 6.954% (6.995% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Mayfield Heights
What is the median home price in Mayfield Heights?

The median home value in Mayfield Heights is $252k. The median monthly rent is $1,247. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mayfield Heights?

Home values in Mayfield Heights have increased 20.1% 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 Mayfield Heights?

Based on a typical all-in ownership cost of $1,170/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mayfield Heights is $71k/year.

Calculate your buying power
What industries drive the economy in Mayfield Heights?

The largest employment sectors in Mayfield Heights are public administration (23%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.