Real Estate Investing in Cleveland, North Dakota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 390 • Stutsman

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Should you buy in Cleveland, ND? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (36/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
POOR
0.0 / 5 (0/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 24.6% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Cleveland, ND?

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0.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Home Value $0
ZIP Codes 1

Investing in Cleveland Real Estate

Cleveland in North Dakota is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

decisively Cleveland's aggregate rating of ☆☆☆☆☆ reflects thin investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rents in Cleveland at $ have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Cleveland's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Cleveland, ND. Anonymous, moderated, never written by AI.

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Avg Home Value
$0
Landlord Friendly (ND)

ZIP Codes in Cleveland, ND

Screen every ZIP in Cleveland

Filter Cleveland’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Cleveland, ND

What are rental rates like in Cleveland, ND?

Rents in Cleveland, ND run near. Compared with median home prices that produces solid gross yields for typical rentals.

Are there empty rentals in Cleveland, ND?

Cleveland, ND carries elevated vacancy risk. Expect predictable absorption at market rents

Is Cleveland, ND a good place for real estate investing?

With a /5 investability score, Cleveland, ND ranks as a solid market for rental property investors. Median prices and rents drive the underlying numbers.

What is the typical renter like in Cleveland, ND?

The renter base in Cleveland, ND is reasonable for the price point. Screening well and pricing to market typically yields consistent tenants.

How much does a house cost in Cleveland, ND?

Median home price in Cleveland, ND is near, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.

Community Ratings

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