Home prices
Independence's median home cost is $238,100. It is approximately $60,820 (34%) higher in comparison to other places in this area.Compared to the entire country it is about $20,600 (9%) higher, and in comparison to the city of Cleveland is about $168,500 (242%) higher.
Rents
Independence's median rent is $1,287 per month. It is roughly $193 (17%) higher in comparison to other places in this area.In comparison to the rest of the country it is approximately $225 (21%) higher, and in comparison to the city of Cleveland it is roughly $568 (78%) higher.
Nearby places
Valley View
Valley View is Independence's neighbor to the east. Its housing prices are a bit more expensive. The median home in Valley View costs $256,000, which works out to $17,900 (6%) higher than Independence. Its rents are substantially less expensive. The median rent in Valley View is $847 per month, which is $440 (51%) lower than Independence.
Seven Hills
Seven Hills is Independence's neighbor to the west. The housing prices there are significantly less expensive. The value of the median home in Seven Hills is $174,400, which works out to $63,700 (36%) lower than Independence. Its rents are a little less expensive. The median monthly rent in Seven Hills is $1,207, which works out to $80 (6%) lower than Independence.
Brooklyn Heights
Brooklyn Heights is Independence's neighbor to the northwest. The housing prices there are significantly less expensive. The median home price in Brooklyn Heights is $165,800, which works out to $72,300 (43%) lower than Independence. Rents there are somewhat less expensive. The median monthly rent in Brooklyn Heights is $1,038, which comes out to $249 (23%) lower than Independence.
Garfield Heights
Garfield Heights is approximately 3 miles northeast from Independence. The real estate prices there are a lot less expensive. The median home in Garfield Heights is valued at $72,700, which is $165,400 (227%) lower than Independence. The rent there is substantially less expensive. Garfield Heights's median rent is $932 per month, which works out to $355 (38%) lower than Independence.
Walton Hills
Walton Hills is about 3 miles east of Independence. Its housing prices are a little less expensive. The median home price in Walton Hills is $217,500, which works out to $20,600 (9%) lower than Independence. The rent there is a bit more expensive. In Walton Hills the median rent is $1,446 a month, which comes out to $159 (10%) higher than Independence.