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Cleveland Apartments, Mortgage Quotes, And Real Estate


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Cleveland Mortgage and Real Estate Facts

Overview

There are 4,712 housing units in Cleveland. An estimated 61% of living spaces in the city are occupied by their owners, not by renters.

Cleveland Mortgage

In Cleveland, 61% of non-rental housing carries a mortgage. In the city 9% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage.

Mortgage and interest rate quotes for the Cleveland area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Cleveland Mortgage Statistics

CategoryValue
Homes With No Mortgage39%
With A Mortgage61%
First Mortgage Only53%
Second Mortgage or Home Equity Loan9%
Second Mortgage Only6%
Home Equity Loan Only3%

Cleveland Housing Expenses

CategoryValue
Owner Costs as % of Income16.2%
Median Real Estate Taxes (2000)$524

Cleveland Household Size

CategoryValue
Total Occupied4,712
1-Person Households29%
2-Person Households28%
3-Person Households18%
4-Person Households14%
5-Person Households6%
6-Person Households3%
7+-Person Households2%

Cleveland Housing Stock

CategoryValue
Median Year Built1970
Median Year Built (Owner Occupied)1968
Median Year Built (Renter Occupied)1974

Cleveland Home Heating

CategoryValue
Using Utility Co. Gas Heat81%
Using Bottled/Tank Gas Heat1%
Using Electric Heat17%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Cleveland Housing Size

CategoryValue
No Bedrooms2%
1 Bedroom2%
2 Bedrooms13%
3 Bedrooms68%
4 Bedrooms13%
5+ Bedrooms2%
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Cleveland Mortgage Rates

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