{"area":{"county":"Cuyahoga County","state":"OH","stateName":"Ohio","slug":"cuyahoga-oh","metro":"Cleveland, OH HUD Metro FMR Area"},"homeValue":{"series":[{"date":"2021-04-01","value":172793},{"date":"2021-07-01","value":177247},{"date":"2021-10-01","value":183019},{"date":"2022-01-01","value":189082},{"date":"2022-04-01","value":194367},{"date":"2022-07-01","value":195400},{"date":"2022-10-01","value":195355},{"date":"2023-01-01","value":200041},{"date":"2023-04-01","value":204345},{"date":"2023-07-01","value":208141},{"date":"2023-10-01","value":215200},{"date":"2024-01-01","value":213927},{"date":"2024-04-01","value":219766},{"date":"2024-07-01","value":224482},{"date":"2024-10-01","value":228674},{"date":"2025-01-01","value":231653},{"date":"2025-04-01","value":233330},{"date":"2025-07-01","value":237245},{"date":"2025-10-01","value":239334},{"date":"2026-01-01","value":242949},{"date":"2026-04-01","value":245562}],"latest":245562,"yoy":5.242360605151502,"fiveYr":42.11339579728345,"sinceStart":228.04146572798803,"modeled":true},"rent":{"series":[{"date":"2026-11-01","value":1274}],"latest":1274,"yoy":null,"fiveYr":null,"sinceStart":null,"modeled":true},"census":{"medianIncome":64468,"population":1245873,"povertyRate":16.073988386305565,"medianHomeValue":195400,"medianGrossRent":1060,"medianPropertyTax":3910},"hud":{"county":"Cuyahoga County","year":"2027","perUnit":1274,"bedrooms":2,"estimated":false,"baseBedrooms":2},"crime":{"scope":"state","state":"Ohio","period":"11-2024 to 10-2026","window":{"from":"11-2024","to":"10-2026","fellBack":false},"violentCrime":{"total":57142,"ratePer100k":240.08214773988678},"propertyCrime":{"total":292391,"ratePer100k":1228.4809642611956},"note":"State-level totals from the FBI CDE summarized offense endpoint."},"crimeVintage":{"from":"11-2024","to":"10-2026","fellBack":false},"priceToRentRatio":16.1,"ratioVerdict":"Borderline — at 16.1× the market leans renting (modeled investor cash flow is negative, so this is owner-occupant math — it is not a claim of strong rental yield)","priceCagr":7.283067568019752,"rentCagr":3,"cashFlow":{"price":245562,"monthlyRent":1274,"grossRent":1274,"downPct":20,"ratePct":6.75,"units":1,"state":"OH","down":49112.4,"loan":196449.6,"mortgagePI":1274.1683663158733,"monthlyTax":409.47463500000003,"taxRatePct":2.001,"taxRateSource":"Census ACS county effective rate 2.00% ($3,910 tax ÷ $195,400 ACS median), applied to current value","monthlyInsurance":98.2248,"insuranceRatePct":0.48,"insuranceBasis":"Insurance: state-level estimate (OH avg 0.48%/yr)","insuranceHighRisk":false,"vacancyPct":5,"vacancyLoss":63.7,"egi":1210.3,"mgmtPct":10,"monthlyMgmt":127.4,"maintenancePct":5,"monthlyMaint":63.7,"capexPct":5,"monthlyCapex":63.7,"hoaMonthly":0,"monthlyHoa":0,"operatingExpenses":762.4994350000002,"noi":447.8005649999998,"totalExpenses":2036.6678013158735,"cashFlow":-826.3678013158735,"annualCf":-9916.413615790483,"cocReturn":-20.191262523905333,"capRate":2.1882892222738035},"resilience":{"scenarios":[{"id":"rentDown","label":"Rent drops 10%","kind":"standard","detail":"Standard assumption","cashFlow":-921.9178013158732,"delta":-96,"survives":false},{"id":"vacancy","label":"Vacancy stretches to 8%","kind":"standard","detail":"Standard assumption","cashFlow":-864.5878013158735,"delta":-38,"survives":false},{"id":"insurance","label":"Insurance costs rise 25%","kind":"standard","detail":"Standard assumption","cashFlow":-850.9240013158734,"delta":-25,"survives":false},{"id":"rateReset","label":"If financed at 8.25% instead","kind":"standard","detail":"Fixed-rate comparison — the deal if you'd borrowed at a higher rate today; your actual fixed payment never resets","cashFlow":-1028.0596735916256,"delta":-202,"survives":false},{"id":"historyHome","label":"Worst market shock in available history (since 1991-01-01) (home values −9.6% over 12 months)","kind":"history","detail":"History-derived proxy: worst decline found in any window of up to 12 months in the state FHFA home-value series, 2007-10-01 → 2008-10-01, applied to rent","cashFlow":-918.5324365239528,"delta":-92,"survives":false}],"survived":0,"total":5,"score":0,"worstCashFlow":-1028.0596735916256,"baselineCashFlow":-826.3678013158735,"framing":"underwater","confidenceLabel":"crosscheck","omitted":[],"note":"Each scenario re-runs the same verified cash-flow engine with one shock applied, then re-checks the cash-flow identity before display. Standard shocks are fixed assumptions; the history-derived scenario is this market's own worst observed 12-month decline. Estimates only — not a guarantee of performance."},"rentVsBuy":{"years":7,"priceCagr":7.283067568019752,"rentCagr":3,"totalRentPaid":117143.72182051376,"totalCashOutlay":217019.79033520014,"insuranceBasis":"Insurance: state-level estimate (OH avg 0.48%/yr)","homeValueAfter":401679.29132694943,"equityBuilt":223327.6631576783,"netCostOfBuying":42804.52717752184,"buyingCheaper":true,"savings":74339.19464299192},"priceToIncome":{"ratio":3.809052553204691,"price":245562,"medianIncome":64468,"label":"Moderate (3–5x — tighter budgets)"},"countyTaxRatePct":2.001,"countyTaxSource":"Census ACS county effective rate 2.00% ($3,910 tax ÷ $195,400 ACS median), applied to current value","dataCheck":{"status":"crosscheck","checks":[{"metric":"home value (vintage update)","primary":245562,"secondary":195400,"primarySource":"current estimate (ACS county median × FHFA metro HPI growth)","secondarySource":"raw ACS 2023 county median (as measured ~2021)","ratio":1.26,"grade":"crosscheck","consistent":false,"hidePoint":false},{"metric":"HUD fair market rent","primary":1274,"secondary":1060,"primarySource":"HUD FMR (county)","secondarySource":"Census ACS (county gross rent)","ratio":1.2,"grade":"crosscheck","consistent":false,"hidePoint":false}],"confidence":{"homeValue":{"label":"crosscheck","ratio":1.26,"sources":["current estimate (ACS county median × FHFA metro HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":195400,"high":245562}},"rent":{"label":"crosscheck","ratio":1.2,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":false,"range":{"low":1060,"high":1274}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"note":"Every headline metric is checked against a second figure, and each check names its own basis. The rent and property-price checks pair genuinely independent datasets (HUD FMR vs Census ACS gross rent; your price vs the county estimate). The home-value check compares our current estimate (ACS county median updated by the FHFA state index) against the raw ACS 2023 median — its spread reflects price movement since the ACS measurement period (~2021), not disagreement between unrelated sources. 'Verified' means the two figures agree within 15%; 'Cross-checked' means they diverge more than 15%; 'Divergent' flags a >2x difference. A spread beyond 35% is too wide to defend a single point — the headline shows the source range instead, flagged 'sources disagree'."},"integrity":{"status":"pass","checks":[{"name":"home value freshness","status":"pass","detail":"latest 2026-04-01 (227d old — current for quarterly cadence)"},{"name":"home value card↔chart","status":"pass","detail":"card matches chart"},{"name":"home value growth window","status":"pass","detail":"growth matches the 5.0yr available window"},{"name":"rent freshness","status":"pass","detail":"latest 2026-11-01 (13d old — current for monthly cadence)"},{"name":"rent card↔chart","status":"pass","detail":"card matches chart"},{"name":"cash flow identity","status":"pass","detail":"NOI − P&I = cash flow"},{"name":"cash-on-cash","status":"pass","detail":"annual CF ÷ down matches"},{"name":"cap rate","status":"pass","detail":"NOI×12 ÷ price matches"},{"name":"price-to-rent","status":"pass","detail":"price ÷ (rent×12) matches"},{"name":"income plausibility","status":"pass","detail":"within expected range"},{"name":"price-to-income","status":"pass","detail":"price ÷ income matches"},{"name":"buy-vs-rent: home value at term","status":"pass","detail":"compounds at 7.3%/yr"},{"name":"buy-vs-rent: total rent paid","status":"pass","detail":"geometric series matches"},{"name":"buy-vs-rent: equity built","status":"pass","detail":"home value − loan balance matches"},{"name":"buy-vs-rent: net cost","status":"pass","detail":"outlay − equity gain matches"},{"name":"buy-vs-rent: savings & verdict","status":"pass","detail":"savings = rent − net cost, verdict matches"}],"summary":"16/16 verified","freshness":{"homeValue":{"date":"2026-04-01","ageDays":227,"cadence":"quarterly","current":true},"rent":{"date":"2026-11-01","ageDays":13,"cadence":"monthly","current":true}}},"confidence":{"homeValue":{"label":"crosscheck","ratio":1.26,"sources":["current estimate (ACS county median × FHFA metro HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":195400,"high":245562}},"rent":{"label":"crosscheck","ratio":1.2,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":false,"range":{"low":1060,"high":1274}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"verdict":"Cuyahoga County, OH is a moderate market — a 16.1x price-to-rent ratio is borderline, leaning renting; individual deals decide the outcome.","faqs":[{"q":"Is Cuyahoga County, OH a good rental market?","a":"Mixed. Cuyahoga County's 16.1x price-to-rent ratio is moderate; rentals can cash flow, but only on well-priced properties."},{"q":"What is the median home value in Cuyahoga County?","a":"The typical home value in Cuyahoga County is about $245,562 (county-level, Census ACS & FHFA metro HPI), up 5.2% year-over-year, and up 42.1% over five years."},{"q":"What is the median rent in Cuyahoga County?","a":"The typical rent in Cuyahoga County is about $1,274/mo (county-level, HUD 2-bedroom benchmark bridged from Census ACS gross rent), a current modeled estimate."},{"q":"Is it cheaper to rent or buy in Cuyahoga County?","a":"Over a 7-year horizon, buying is cheaper in Cuyahoga County — roughly $74,339 ahead of renting, with about $223,328 in equity built."},{"q":"Is Cuyahoga County affordable for homebuyers?","a":"Cuyahoga County's median home value is 3.8x the local median household income — Moderate (3–5x — tighter budgets)."},{"q":"What is the property tax rate in Cuyahoga County?","a":"Cuyahoga County's effective property tax rate is about 2.00% of home value (Census ACS county effective rate 2.00% ($3,910 tax ÷ $195,400 ACS median), applied to current value), which on a $245,562 median home is roughly $409/mo."}],"takeaways":["The median home value in Cuyahoga County, OH was $245,562 as of April 2026, up 5.2% year over year (FHFA HPI applied to the Census ACS county median).","The typical market rent in Cuyahoga County, OH was $1,274/mo as of November 2026, a current modeled estimate (HUD Fair Market Rent, FY2027, bridged from Census ACS gross rent).","Cuyahoga County, OH has a price-to-rent ratio of 16.1 — a moderate reading where individual deals decide the outcome. (Computed by Areal from the figures above.)"],"citationSources":[{"name":"U.S. Census Bureau — ACS ACS 2024 5-year estimates","url":"https://www.census.gov/programs-surveys/acs/"},{"name":"FHFA House Price Index","url":"https://www.fhfa.gov/data/hpi"},{"name":"HUD Fair Market Rent","url":"https://www.huduser.gov/portal/datasets/fmr.html"},{"name":"FBI Crime Data Explorer","url":"https://cde.ucr.cjis.gov/"}],"jsonApi":{"function":"getCountyReport","query":"slug=cuyahoga-oh","url":"https://areal.studio/functions/getCountyReport?slug=cuyahoga-oh"},"assumptions":{"downPct":20,"ratePct":6.75,"years":7},"dataVintage":{"pulledAt":"2026-11-14T08:08:12.635Z","homeValueBasis":"FHFA metro HPI (quarterly, Cleveland, OH HUD Metro FMR Area) × ACS county anchor","rentBasis":"HUD county FMR — flat current estimate (modeled, no public trend)","zhviThrough":null,"zoriThrough":null,"fhfaHpiThrough":"2026-04-01","hpiLevel":"metro","hpiMetro":"Cleveland, OH HUD Metro FMR Area","acsVintage":"ACS 2024 5-year estimates","acsVintageMisses":[],"hudFy":"2027","safmrFy":null},"zipAnchors":{"homeValueTier":"county-fhfa-acs","rentTier":"county-acs-hud","zhvi":null,"zori":null,"safmr":null,"countyHomeEstimate":245562,"countyFmr":1274,"countyRatio":null,"hpiLevel":"metro","hpiMetro":"Cleveland, OH HUD Metro FMR Area"},"links":{"stateDir":"OH","stateName":"Ohio","cityPages":[{"city":"Cleveland","state":"OH"}],"zips":[]},"sources":["Census ACS 5-year","FHFA HPI","HUD Fair Market Rent","FBI CDE (state-level context)"]}