How much is a home worth in ZIP code 44115?

The typical home in 44115 is worth $160,816, based on the Zillow Home Value Index.

Are home values rising in 44115?

Home values in 44115 are up 1.1% over the past year, and up 1.8% a year over five years.

What is the typical rent in 44115?

A typical home in 44115 rents for about $1,781 a month, a gross rental yield of 13.3%.

What is the property tax rate in 44115?

The effective property tax rate in 44115 is 1.0% — roughly $1,621 a year on a typical home.

ZIP code 44115 has a population of 10,011 and a median household income of $22,056.

HousingHandbookReference data

…

U.S. ZIP Code · OH44115

Cuyahoga County · Cleveland, OH

Typical home value

$160,816^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.1%
5-year / yr: +1.8%
10-year / yr: +3.8%

Relative price

vs U.S.: -43.4%
vs metro: -36.5%
vs state: -26.5%

Price history

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

The typical home in 44115 is worth $160,816 — 36.5% below the Cleveland, OH median. Over the past year, values have risen 1.1%. Homes here rent for a typical $1,781 a month — a 13.3% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent: $1,781^[2]
Gross yield: 13.3%^[2]
Cap rate: 8.0%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $1,621^[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: 10,011^[3]
Median household income: $22,056^[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: 5
Elementary: 2
Middle: 0
High: 2

Invictus High School
High · Grades 9–12 · Invictus High School
342 students
Cleveland Academy for Scholarship Technology and Leadership
High · Grades 9–12 · Cleveland Academy for Scholarship Technology and Leadership
303 students
Marion-Sterling Elementary School
Other · Grades PK–9 · Cleveland Municipal
258 students
Stepstone Academy
Elementary · Grades K–7 · Stepstone Academy
187 students
Phoenix Village Academy Primary 2 dba Wings Academy 1
Elementary · Grades K–8 · Phoenix Village Academy Primary 2 dba Wings Academy 1
101 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 yield13.3%

Net yield (after ~40% expenses)8.0%

Annual rent$21,376

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$813

Loan principal$128,653

Down payment$32,163

Total interest paid$164,090

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 ratio0.61

Monthly cost to own$1,083

Monthly rent$1,781

Owning is meaningfully cheaper month-to-month.

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: 5th percentile^[1]
Rental yield: 89th percentile^[2]
Property tax: 4th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 44115?: The typical home in 44115 is worth $160,816, based on the Zillow Home Value Index.
Are home values rising in 44115?: Home values in 44115 are up 1.1% over the past year, and up 1.8% a year over five years.
What is the typical rent in 44115?: A typical home in 44115 rents for about $1,781 a month, a gross rental yield of 13.3%.
What is the property tax rate in 44115?: The effective property tax rate in 44115 is 1.0% — roughly $1,621 a year on a typical home.
Who lives in 44115?: ZIP code 44115 has a population of 10,011 and a median household income of $22,056.

#Comparable ZIPs

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

44111 vs 44115 →
Cleveland, OH
Typical home
$160,594
Gross yield
8.8%
44135 vs 44115 →
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 →

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Pit ZIP 44115 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH44115

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