Home prices
The median home cost in University Heights is $164,300. Compared to other places in this area it is approximately $16,600 (9%) lower.It is about $53,200 (24%) lower in comparison to the US as a whole, and it is approximately $94,700 (136%) higher compared to the city of Cleveland.
Rents
In University Heights the median monthly rent is $1,017. It is approximately $196 (16%) lower in comparison to other places in this area.In comparison to the entire nation it is about $45 (4%) lower, and is about $298 (41%) higher compared to the city of Cleveland.
Nearby places
Shaker Heights
Shaker Heights is University Heights's neighbor to the southwest. Its housing prices are a little more expensive. The value of the median home in Shaker Heights is $229,500, which comes out to $65,200 (28%) higher than University Heights. Its rents are similar. The median monthly rent in Shaker Heights is $1,026, which is very similar to University Heights.
Cleveland Heights
Cleveland Heights is University Heights's neighbor to the northwest. Real estate prices there are a bit less expensive. The cost of the median home in Cleveland Heights is $128,700, which comes out to $35,600 (27%) lower than University Heights. Its rents are a bit less expensive. Cleveland Heights's median monthly rent is $965, which comes out to $52 (5%) lower than University Heights.
Beachwood
Beachwood is University Heights's neighbor to the southeast. The housing prices there are substantially more expensive. The median home price in Beachwood is $302,500, which is $138,200 (45%) higher than University Heights. The rent there is significantly more expensive. The median monthly rent in Beachwood is $1,734, which works out to $717 (41%) higher than University Heights.
South Euclid
South Euclid is University Heights's neighbor to the north. Its housing prices are substantially less expensive. The value of the median home in South Euclid is $100,200, which comes out to $64,100 (63%) lower than University Heights. Its rents are a bit more expensive. South Euclid's median rent is $1,082 per month, which works out to $65 (6%) higher than University Heights.
Lyndhurst
Lyndhurst is roughly 2 miles northeast from University Heights. Housing prices there are a little less expensive. The median home in Lyndhurst costs $143,600, which is $20,700 (14%) lower than University Heights. Its rents are a little more expensive. Lyndhurst's median rent is $1,257 a month, which works out to $240 (19%) higher than University Heights.