Compare with
Rent math and competition at once. Rents clear the usual cash-flow bar in a market that is still moving quickly.
What would change this read: price growth (median +5.5% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −0.4% YoY, is the number to watch.
The median listing price is up 5.5% YoY while the median home got up 3.5% bigger, so value per square foot is up 2.1%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $200K purchase rents for $1,700/mo: 0.85% of price per month against the 1% rule's 1.00%.
Not shown: 6 BR (sale only, no matching rent).
Sales here take about 15 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Townhouse (rented here, not sold).
U.S. Census ACS characteristics for ZIP 44121 itself, not its parent county.
Renters hold 25.5% of this ZIP's 13,232 occupied households, on a median household income of $77K.
| Measure | ZIP 44121 | Cuyahoga County | Difference |
|---|---|---|---|
| Median Household Income | $77K | $64K | +$12K |
| Below Poverty Level | 8.9% | 16.1% | -7.2% |
| Median Age | 37.40 | 40.40 | -3.00 |
| Total Population | 32,312 | 1,245,873 | -- |
| Avg Household Size | 2.40 | 2.20 | +0.20 |
| Owner-Occupied | 74.5% | 59.4% | +15.2% |
| Worked From Home | 16.1% | 15.5% | +0.6% |
| Mean Commute | 25.80 | 23.30 | +2.50 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.3% to 1,245,873: residents under 18 are down 1.0% and those 65 and over are up 2.2%.
County median household income is $64K, 16.1% of residents are below the poverty level, 15.5% work from home.