Much like nearby areas, it is somewhat less expensive compared to the United States as a whole. However it is substantially less expensive compared to the city of Minneapolis.
Home prices
The median home in Cleveland is valued at $151,400. It is roughly $4,860 (3%) lower compared to its surrounding areas.It is approximately $66,100 (30%) lower in comparison to the entire country, and it is approximately $100,200 (39%) lower in comparison to the city of Minneapolis.
Rents
In Cleveland the median monthly rent is $625. Compared to its nearby areas it is about $92 (12%) lower.In comparison to the US as a whole it is roughly $437 (41%) lower, and compared to the city of Minneapolis it is approximately $402 (39%) lower.
Nearby places
St. Peter
St. Peter is approximately 5 miles west from Cleveland. The real estate prices there are a little more expensive. St. Peter's median home cost is $170,200, which comes out to $18,800 (11%) higher than Cleveland. Rents there are a little more expensive. St. Peter's median rent is $861 per month, which is $236 (27%) higher than Cleveland.
Le Center
Le Center is approximately 5 miles northeast from Cleveland. Its housing prices are a bit less expensive. Le Center's median home price is $140,400, which is $11,000 (7%) lower than Cleveland. The rent there is a bit more expensive. Le Center's median rent is $702 per month, which works out to $77 (10%) higher than Cleveland.
Kasota
Kasota is approximately 5 miles west of Cleveland. Housing prices there are somewhat less expensive. The median home in Kasota is valued at $121,500, which is $29,900 (24%) lower than Cleveland. Rents there are similar. Kasota's median rent is $638 a month, which works out to $13 (2%) higher than Cleveland.
Madison Lake
Madison Lake is about 7 miles south from Cleveland. The real estate prices there are somewhat more expensive. Madison Lake's median home price is $206,600, which comes out to $55,200 (26%) higher than Cleveland. Rents there are somewhat more expensive. Madison Lake's median rent is $732 per month, which comes out to $107 (14%) higher than Cleveland.
Le Sueur
Le Sueur is approximately 9 miles north of Cleveland. Housing prices there are a little less expensive. The median home in Le Sueur is valued at $142,600, which works out to $8,800 (6%) lower than Cleveland. Rents there are similar. Le Sueur's median monthly rent is $652, which works out to $27 (4%) higher than Cleveland.
