Home prices
The median home in Westlake costs $258,600. Compared to its nearby areas it is roughly $36,980 (16%) higher.In comparison to the entire country it is approximately $41,100 (18%) higher, and compared to the city of Cleveland it is roughly $189,000 (271%) higher.
Rents
The median rent in Westlake is $1,174 per month. It is roughly $197 (20%) higher in comparison to its surrounding areas.It is roughly $112 (10%) higher in comparison to the country as a whole, and compared to the city of Cleveland is about $455 (63%) higher.
Nearby places
Bay Village
Bay Village is Westlake's neighbor to the north. Its housing prices are similar. The price of the median home in Bay Village is $247,900, which works out to $10,700 (4%) lower than Westlake. The rent there is a bit less expensive. In Bay Village the median rent is $1,040 a month, which works out to $134 (12%) lower than Westlake.
North Olmsted
North Olmsted is Westlake's neighbor to the south. The housing prices there are significantly less expensive. The median home in North Olmsted is valued at $156,400, which is $102,200 (65%) lower than Westlake. Rent there is a little less expensive. The median rent in North Olmsted is $902 per month, which is $272 (30%) lower than Westlake.
Fairview Park
Fairview Park is Westlake's neighbor to the east. Its real estate prices are a lot less expensive. The median home price in Fairview Park is $161,100, which works out to $97,500 (60%) lower than Westlake. Its rents are significantly less expensive. The median monthly rent in Fairview Park is $785, which is $389 (49%) lower than Westlake.
Rocky River
Rocky River is Westlake's neighbor to the east. The housing prices there are a little less expensive. The median home in Rocky River costs $245,800, which comes out to $12,800 (5%) lower than Westlake. The rent there is a little less expensive. Rocky River's median rent is $924 a month, which is $250 (27%) lower than Westlake.
Avon
Avon is Westlake's neighbor to the west. Real estate prices there are a bit more expensive. Avon's median home cost is $296,900, which works out to $38,300 (12%) higher than Westlake. The rent there is similar. The median rent in Avon is $1,235 per month, which is $61 (4%) higher than Westlake.
