How much is a home worth in ZIP code 44111?

The typical home in 44111 is worth $160,594, based on the Zillow Home Value Index.

Are home values rising in 44111?

Home values in 44111 are up 0.3% over the past year, and up 5.4% a year over five years.

What is the typical rent in 44111?

A typical home in 44111 rents for about $1,184 a month, a gross rental yield of 8.8%.

What is the property tax rate in 44111?

The effective property tax rate in 44111 is 1.6% — roughly $2,554 a year on a typical home.

ZIP code 44111 has a population of 42,021 and a median household income of $57,252.

HousingHandbookReference data

…

U.S. ZIP Code · OH44111

Cuyahoga County · Cleveland, OH

Typical home value

$160,594^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.3%
5-year / yr: +5.4%
10-year / yr: +8.2%

Relative price

vs U.S.: -43.5%
vs metro: -36.6%
vs state: -26.6%

Price history

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

The typical home in 44111 is worth $160,594 — 36.6% below the Cleveland, OH median. Over the past year, values have risen 0.3%. Homes here rent for a typical $1,184 a month — a 8.8% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent: $1,184^[2]
Gross yield: 8.8%^[2]
Cap rate: 5.3%^[2]

#Property tax

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

Effective tax rate: 1.6%^[3]
Typical annual tax: $2,554^[3]

#Climate risk

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

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

#Who lives here

Population: 42,021^[3]
Median household income: $57,252^[3]

#Migration

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

Net migration: -3,403^[5]
Moved in: 21,862
Moved out: 25,265

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 15
Elementary: 8
Middle: 1
High: 5

Garfield Elementary School
Other · Grades PK–10 · Cleveland Municipal
565 students
Wilbur Wright School
Elementary · Grades PK–8 · Cleveland Municipal
496 students
John Marshall School of Information Technology
High · Grades 9–12 · Cleveland Municipal
482 students
John Marshall School of Business and Civic Leadership
High · Grades 9–12 · Cleveland Municipal
477 students
Riverside School
Elementary · Grades PK–8 · Cleveland Municipal
472 students

Run the numbers

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

Home value$Monthly rent$

Gross yield8.8%

Net yield (after ~40% expenses)5.3%

Annual rent$14,208

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$812

Loan principal$128,475

Down payment$32,119

Total interest paid$163,863

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.98

Monthly cost to own$1,159

Monthly rent$1,184

Owning and renting are roughly even.

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: 17th percentile^[1]
Rental yield: 56th percentile^[2]
Property tax: 61st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 44111?: The typical home in 44111 is worth $160,594, based on the Zillow Home Value Index.
Are home values rising in 44111?: Home values in 44111 are up 0.3% over the past year, and up 5.4% a year over five years.
What is the typical rent in 44111?: A typical home in 44111 rents for about $1,184 a month, a gross rental yield of 8.8%.
What is the property tax rate in 44111?: The effective property tax rate in 44111 is 1.6% — roughly $2,554 a year on a typical home.
Who lives in 44111?: ZIP code 44111 has a population of 42,021 and a median household income of $57,252.

#Comparable ZIPs

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

44115 vs 44111 →
Cleveland, OH
Typical home
$160,816
Gross yield
13.3%
44135 vs 44111 →
Cleveland, OH
Typical home
$158,375
Gross yield
12.1%
44117
Euclid, OH
Typical home
$165,575
Gross yield
—
44030
Conneaut, OH
Typical home
$151,129
Gross yield
—
44004
Ashtabula, OH
Typical home
$151,031
Gross yield
5.3%
44132
Euclid, OH
Typical home
$150,887
Gross yield
11.7%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 44111 against any other ZIP — full side-by-side table.

Compare 44111 →

#Jump to section

U.S. ZIP Code · OH44111

Get more data on ZIPs like this

Get more data on ZIPs like this