HousingHandbookReference data

U.S. ZIP Code · OH44045

Lake County · Cleveland, OH

Typical home value

$222,671[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+9.4%
5-year / yr
+5.8%
10-year / yr
+5.9%

Relative price

vs U.S.
-21.6%
vs metro
-12.1%
vs state
+1.8%
ZIP 44045 location in OH
Location of ZIP 44045 in OH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 44045 is worth $222,671 — 12.1% below the Cleveland, OH median. Over the past year, values have risen 9.4%. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.3%[3]
Typical annual tax
$2,864[3]

#Climate risk

FEMA National Risk Index ratings for Lake County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Very Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
611[3]
Median household income
$79,408[3]

#Migration

Household moves in and out of Lake County over a year, from IRS tax-return data.

Net migration
+217[5]
Moved in
5,109
Moved out
4,892

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,126
Loan principal$178,137
Down payment$44,534
Total interest paid$227,204

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,551
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
26th percentile[1]
Rental yield
[2]
Property tax
37th percentile[3]

Frequently asked

How much is a home worth in ZIP code 44045?
The typical home in 44045 is worth $222,671, based on the Zillow Home Value Index.
Are home values rising in 44045?
Home values in 44045 are up 9.4% over the past year, and up 5.8% a year over five years.
What is the property tax rate in 44045?
The effective property tax rate in 44045 is 1.3% — roughly $2,864 a year on a typical home.
Who lives in 44045?
ZIP code 44045 has a population of 611 and a median household income of $79,408.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Jefferson, OH

    Typical home
    $223,718
    Gross yield
  • Orwell, OH

    Typical home
    $226,896
    Gross yield
  • Sheffield, OH

    Typical home
    $227,961
    Gross yield
  • Kingsville CDP, OH

    Typical home
    $216,470
    Gross yield
  • Brook Park, OH

    Typical home
    $213,920
    Gross yield
  • Madison, OH

    Typical home
    $231,621
    Gross yield

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