The 10 Cheapest Cleveland, OH Neighborhoods To Live In For 2019


We used science and data to determine which neighborhoods in Cleveland are the cheapest of the cheap.

Editor’s Note: This is our first time ranking the cheapest neighborhoods to live in Cleveland.
Cheapest Neighborhoods In Cleveland

Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Cleveland might be more expensive than living in rural Ohio, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Cleveland neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Cleveland are the cheapest.

What’s the cheapest neighborhood to live in Cleveland for 2019? According to the most recent census data, Indurstrial Valley looks to be the cheaptest Cleveland neighborhood to live in.

At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Cleveland. You could be sacrificing location or crime rates in return for more space and cheaper groceries.

Read on to see how we determined the places around Cleveland that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Cleveland.

Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Ohio reading, check out:

How We Determined The Cheapest Cleveland Hoods In 2019

In order to rank the cheapest places to live in Cleveland, we had to determine what criteria defines ‘cheap’.

Using census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 36 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the ‘Cheapest City Neighborhood In Cleveland.’ We’re lookin’ at you, Indurstrial Valley.

Read on below to learn more about what it’s like to live in the cheapest places Cleveland. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 10 Cheapest Neighborhoods To Live In Cleveland For 2019

Overall SnackAbility

1
/10

Population: 1,068
Cost Of Living Index: 77 (1st cheapest)
Home Value To Income Ratio: 0.4 (1st cheapest)
Rent To Income Ratio: 0.009 (1st cheapest)
More on Indurstrial Valley: Homes For Sale | Data

The median income in Indurstrial Valley comes in at $24,205 and the median home value is $10,633 for 2019.

Overall SnackAbility

3
/10

Population: 7,509
Cost Of Living Index: 83 (4th cheapest)
Home Value To Income Ratio: 1.5 (4th cheapest)
Rent To Income Ratio: 0.027 (23rd cheapest)
More on Woodland Hills: Homes For Sale | Data

The median income in Woodland Hills comes in at $19,499 and the median home value is $29,836 for 2019.

Overall SnackAbility

3
/10

Population: 14,055
Cost Of Living Index: 85 (9th cheapest)
Home Value To Income Ratio: 2.0 (13th cheapest)
Rent To Income Ratio: 0.023 (16th cheapest)
More on Glenville: Homes For Sale | Data

The median income in Glenville comes in at $24,172 and the median home value is $48,456 for 2019.

Overall SnackAbility

3
/10

Population: 3,969
Cost Of Living Index: 86 (14th cheapest)
Home Value To Income Ratio: 1.6 (6th cheapest)
Rent To Income Ratio: 0.025 (19th cheapest)
More on Goodrich-Kirkland: Homes For Sale | Data

The median income in Goodrich-Kirkland comes in at $27,387 and the median home value is $44,550 for 2019.

Overall SnackAbility

4
/10

Population: 2,886
Cost Of Living Index: 91 (31st cheapest)
Home Value To Income Ratio: 1.6 (5th cheapest)
Rent To Income Ratio: 0.016 (3rd cheapest)
More on Riverside: Homes For Sale | Data

The median income in Riverside comes in at $49,125 and the median home value is $77,760 for 2019.

Overall SnackAbility

3
/10

Population: 7,306
Cost Of Living Index: 85 (9th cheapest)
Home Value To Income Ratio: 1.5 (3rd cheapest)
Rent To Income Ratio: 0.028 (28th cheapest)
More on Stockyards: Homes For Sale | Data

The median income in Stockyards comes in at $24,661 and the median home value is $37,389 for 2019.

Overall SnackAbility

2
/10

Population: 5,296
Cost Of Living Index: 83 (4th cheapest)
Home Value To Income Ratio: 1.0 (2nd cheapest)
Rent To Income Ratio: 0.032 (35th cheapest)
More on North Broadway: Homes For Sale | Data

The median income in North Broadway comes in at $22,007 and the median home value is $22,455 for 2019.

Overall SnackAbility

2
/10

Population: 4,530
Cost Of Living Index: 83 (4th cheapest)
Home Value To Income Ratio: 1.8 (7th cheapest)
Rent To Income Ratio: 0.03 (32nd cheapest)
More on Fairfax: Homes For Sale | Data

The median income in Fairfax comes in at $18,236 and the median home value is $32,467 for 2019.

Jefferson Cleveland, OH

Overall SnackAbility

5
/10

Population: 18,606
Cost Of Living Index: 88 (24th cheapest)
Home Value To Income Ratio: 2.0 (14th cheapest)
Rent To Income Ratio: 0.018 (5th cheapest)
More on Jefferson: Homes For Sale | Data

The median income in Jefferson comes in at $35,382 and the median home value is $71,164 for 2019.

Overall SnackAbility

4
/10

Population: 17,093
Cost Of Living Index: 88 (24th cheapest)
Home Value To Income Ratio: 1.9 (12th cheapest)
Rent To Income Ratio: 0.021 (9th cheapest)
More on Puritas Longmead: Homes For Sale | Data

The median income in Puritas Longmead comes in at $33,765 and the median home value is $64,674 for 2019.

Summing Up The Cheapest Places In Cleveland

If you’re measuring the neighborhoods in Cleveland where prices are low and it’s cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in Cleveland aren’t all cheap. University District takes the title of the most expensive neighborhood to live in Cleveland.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Ohio reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Cleveland For 2019

Rank Neighborhood Cost Of Living Index
1 Indurstrial Valley 77
2 Woodland Hills 83
3 Glenville 85
4 Goodrich-Kirkland 86
5 Riverside 91
6 Stockyards 85
7 North Broadway 83
8 Fairfax 83
9 Jefferson 88
10 Puritas Longmead 88
11 West Boulevard 88
12 Old Brooklyn 90
13 Union Miles Park 84
14 Central 83
15 South Broadway 86
16 Forest Hills 86
17 Corlett 86
18 North Collinwood 87
19 Cudell 87
20 Saint Claire-Superior 85
21 Euclid Green 86
22 Kamm’s Corner 94
23 Lee Miles 89
24 South Collinwood 87
25 Brooklyn Center 87
26 Kinsmith 83
27 Buckeye Shaker 88
28 Edgewater 90
29 Tremont 94
30 Mt Pleasant 86
31 Downtown 92
32 Detroit Shoreway 90
33 Ohio City-West Side 95
34 Clark Fulton 87
35 Hough 87
36 University District 96

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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