Home prices
The median home in Peninsula is valued at $304,200. In comparison to its nearby areas it is approximately $25,420 (9%) higher.It is roughly $86,700 (39%) higher in comparison to the nation as a whole, and is about $234,600 (337%) higher compared to the city of Cleveland.
Rents
In Peninsula the median monthly rent is $1,250. Compared to other places in this area it is approximately $31 (2%) higher.It is about $188 (17%) higher compared to the entire country, and is approximately $531 (73%) higher compared to the city of Cleveland.
Nearby places
Boston Heights
Boston Heights is Peninsula's neighbor to the northeast. The real estate prices there are a bit more expensive. The median home in Boston Heights is valued at $397,500, which is $93,300 (23%) higher than Peninsula. Rents there are a lot less expensive. Boston Heights's median monthly rent is $934, which is $316 (33%) lower than Peninsula.
Richfield
Richfield is approximately 4 miles west of Peninsula. Housing prices there are somewhat less expensive. Richfield's median home value is $240,300, which is $63,900 (26%) lower than Peninsula. Rent there is somewhat less expensive. The median monthly rent in Richfield is $970, which is $280 (28%) lower than Peninsula.
Hudson
Hudson is about 4 miles east from Peninsula. The real estate prices there are somewhat more expensive. The median home value in Hudson is $345,500, which is $41,300 (11%) higher than Peninsula. Rents there are somewhat more expensive. In Hudson the median monthly rent is $1,769, which works out to $519 (29%) higher than Peninsula.
Cuyahoga Falls
Cuyahoga Falls is roughly 5 miles south from Peninsula. The real estate prices there are substantially less expensive. The cost of the median home in Cuyahoga Falls is $127,600, which comes out to $176,600 (138%) lower than Peninsula. Rents there are significantly less expensive. Cuyahoga Falls's median rent is $840 a month, which is $410 (48%) lower than Peninsula.
Brecksville
Brecksville is about 5 miles northwest from Peninsula. Real estate prices there are a little less expensive. The value of the median home in Brecksville is $283,000, which comes out to $21,200 (7%) lower than Peninsula. Rent there is somewhat more expensive. The median rent in Brecksville is $1,582 per month, which works out to $332 (20%) higher than Peninsula.
