Markets › Cleveland
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Cleveland OH
Current market read
Landlord’s market
ConditionFirm
The yearly data reads a landlord's market, and the recent monthly signals are tightening further.
From public data. The situation now, not a forecast.
Renter Google searchabout 8,100 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 8,100 searches in July 2026, for Cleveland on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Tightening lately, asking rents are climbing, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+3.7%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +5.3% · US avg +5.2%
In the news · ClevelandNEWS · DAILY
Latest local coverage, 4 days ago.● softer● neutral● firmer
Port of Cleveland Greenlights Multifamily Mixed-Use Redevelopment Project FinancingCleveland's long-vacant Warner & Swasey building is under reconstruction as apartmentsErieView Secures $217.6M in Construction Financing for Cleveland Tower RedevelopmentView all 8 Cleveland news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs+0.4%
Migration 2025-0.08/1k
SUPPLY
Permits 2025+12.8%
Vacancy 20246.3%
Rent vs buyFREDDIE MAC · WEEKLY
+$642/mo
Cheaper to rent than buying
rent $1,087 · own $1,729
$1,087RENT
$1,729OWN
Net migrationCENSUS · 2025
−0.08/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.