Home prices
Shaker Heights's median home cost is $229,500. Compared to its surrounding areas it is about $78,020 (51%) higher.It is about $12,000 (5%) higher compared to the entire country, and compared to the city of Cleveland is about $159,900 (229%) higher.
Rents
The median rent in Shaker Heights is $1,026 a month. Compared to the surrounding areas it is is very similar.Compared to the entire country it is roughly $36 (3%) lower, and it is approximately $307 (42%) higher compared to the city of Cleveland.
Nearby places
University Heights
University Heights is Shaker Heights's neighbor to the northeast. The real estate prices there are substantially less expensive. The median home price in University Heights is $164,300, which is $65,200 (39%) lower than Shaker Heights. Its rents are pretty similar. In University Heights the median monthly rent is $1,017, which is very similar to Shaker Heights.
Beachwood
Beachwood is Shaker Heights's neighbor to the east. Its real estate prices are a bit more expensive. The price of the median home in Beachwood is $302,500, which comes out to $73,000 (24%) higher than Shaker Heights. Its rents are significantly more expensive. In Beachwood the median rent is $1,734 per month, which works out to $708 (40%) higher than Shaker Heights.
Highland Hills
Highland Hills is Shaker Heights's neighbor to the southeast. Its real estate prices are significantly less expensive. The median home in Highland Hills costs $80,900, which works out to $148,600 (183%) lower than Shaker Heights. Rent there is substantially less expensive. The median rent in Highland Hills is $561 a month, which works out to $465 (82%) lower than Shaker Heights.
Cleveland Heights
Cleveland Heights is Shaker Heights's neighbor to the north. Real estate prices there are substantially less expensive. The price of the median home in Cleveland Heights is $128,700, which is $100,800 (78%) lower than Shaker Heights. Rent there is a little less expensive. The median monthly rent in Cleveland Heights is $965, which comes out to $61 (6%) lower than Shaker Heights.
Warrensville Heights
Warrensville Heights is Shaker Heights's neighbor to the southeast. The real estate prices there are significantly less expensive. The median home in Warrensville Heights costs $81,000, which is $148,500 (183%) lower than Shaker Heights. The rent there is a little less expensive. In Warrensville Heights the median rent is $835 a month, which works out to $191 (22%) lower than Shaker Heights.
