Home prices
The median home value in Morgandale is $74,600. It is about $15,420 (17%) lower compared to nearby areas.It is roughly $142,900 (65%) lower compared to the rest of the nation, and it is about $5,000 (7%) higher in comparison to the city of Cleveland.
Rents
Morgandale's median rent is $812 per month. In comparison to nearby areas it is approximately $79 (10%) higher.Compared to the United States as a whole it is approximately $250 (23%) lower, and it is about $93 (12%) higher compared to the city of Cleveland.
Nearby places
Warren
Warren is Morgandale's neighbor to the southwest. The real estate prices there are somewhat less expensive. The median home in Warren is valued at $62,100, which works out to $12,500 (20%) lower than Morgandale. Rent there is a little less expensive. In Warren the median monthly rent is $660, which works out to $152 (23%) lower than Morgandale.
Champion Heights
Champion Heights is Morgandale's neighbor to the northwest. Housing prices there are substantially more expensive. Champion Heights's median home price is $112,300, which comes out to $37,700 (33%) higher than Morgandale. Its rents are a little less expensive. Champion Heights's median rent is $711 a month, which is $101 (14%) lower than Morgandale.
Howland Center
Howland Center is about 2 miles southeast of Morgandale. Its real estate prices are substantially more expensive. The median home cost in Howland Center is $136,500, which works out to $61,900 (45%) higher than Morgandale. Rents there are somewhat more expensive. The median monthly rent in Howland Center is $915, which works out to $103 (11%) higher than Morgandale.
Bolindale
Bolindale is roughly 3 miles south from Morgandale. The real estate prices there are a little more expensive. Bolindale's median home value is $85,500, which works out to $10,900 (12%) higher than Morgandale. Rent there is somewhat less expensive. The median rent in Bolindale is $672 per month, which works out to $140 (20%) lower than Morgandale.
Leavittsburg
Leavittsburg is about 3 miles west from Morgandale. Its real estate prices are a lot less expensive. The median home in Leavittsburg costs $53,700, which is $20,900 (38%) lower than Morgandale. Rents there are somewhat less expensive. The median rent in Leavittsburg is $706 a month, which is $106 (15%) lower than Morgandale.