CLEVELAND

Cleveland has a steady population of about 400,000 people. The Cleveland rental market is partly robust due to the city’s diverse economy. Cleveland has done an impressive job of transforming its economy into a sound mix of high-tech, service, white, and blue-collar employment. The city once relied on the manufacturing industry for growth. Cleveland, Ohio’s overall list price for homes in October 2021 was $115K, increasing 6.4% over the previous year, with $78 being the average listing price per square foot. Cleveland has invested in business accelerators for the bioscience and healthcare industries, including Bio-Enterprise and the Global Center for Health Innovation. In reality, the Health-Tech Corridor in Cleveland is a prominent location for high-tech industries, and the surrounding real estate market in Cleveland is flourishing. There are two new Amazon distribution centres, over 120,000 healthcare professionals, more than 70% Fortune 500 corporations, while the city is among the top 10 job markets for recent college graduates.