Real Estate Investing in Euclid, Ohio (44132)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44132 (Euclid, OH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.9% of homes vacant — above national norms.
- Elevated poverty: 22.5% poverty rate — can affect rent collection.
What’s happening in Euclid, OH (44132)?
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Market Analysis: 44132 Euclid
ZIP 44132 in Euclid, OH carries a impressive set of headwinds. Home values near $155K and rents of $1,515/mo sit inside a market where underwriting has to be tight.
The investment case in 44132 is substantial only for operators who understand what they are buying. A $155K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within OH, ZIP 44132 trails on several market indicators that neighboring Cuyahoga County submarkets outperform. The gap is real and significant enough to shape underwriting.
Employment concentration in 44132 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 44132 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Euclid:
Property Strategy for 44132
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $102,099 | $1,270 | 9.0% | +9.2% | $51,049 |
| 3BR | $154,719 | $1,630 | 7.6% | +7.9% | $51,573 |
| 4BR | $158,933 | $1,750 | 7.9% | +7.4% | $39,733 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44132 Compare?
| Metric | 44132 | Euclid | Cleveland-Elyria, OH | Ohio |
|---|---|---|---|---|
| Home Value | $154,762 | $156,072 | N/A | $237,530 |
| 5-Year CAGR | 5.5% | 5.7% | N/A | 7.4% |
| Avg Rent | $1,515 | $1,334 | N/A | - |
| Cap Rate | 7.6% | 6.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44132 (Euclid, OH). Anonymous, moderated, never written by AI.
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Property managers serving Cuyahoga County
Manage rentals here? List your business →Cleveland Property Management Group is a residential property manager in Northeast Ohio, assisting with property purchase, portfolio analysis, and full-service management. summary from their website
SBS Property Management provides management, maintenance, inspections, finances, and communications for Condominium and Homeowner Associations across Ohio. summary from their website
Aspire Real Estate helps sell homes quickly. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $154,762 |
| Monthly Rent | $1,515 |
| Price-to-Rent | 8.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.8% |
| Cap Rate | 7.6% |
| 5-Year IRR | 13.1% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +9.1% ▲ |
🏠 Rent Trends
| 1-Year | +17.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 44132
Population: 13,985
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 44132
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Euclid Middle School
Arbor Elementary School
Chardon Hills Elementary School
Oliver Hazard Perry Elementary School
Wickliffe Upper School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,033 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Euclid, OH?
Euclid, OH rentals go for roughly $1,515/mo a month. That puts gross yield in solid territory relative to $155K acquisition costs.
Can owner-occupants cash flow in Euclid, OH?
For house hackers, Euclid, OH is a challenging. The $1,515/mo rent on a unit helps defray the mortgage on a $155K property.
Is vacancy a concern in Euclid, OH?
Euclid, OH sees elevated vacancy, which is reasonable relative to the broader OH rental market.
Is housing expensive in Euclid, OH?
In Euclid, OH the median home value sits at $155K. Against the broader OH market, that reads as reasonable for most investors.
How strong is Euclid, OH for real estate investors?
Euclid, OH sits at an investability rating of 3.0/5, with median home values near $155K and average rents around $1,515/mo. That combination puts it in the sturdy tier for investor interest.
You know 44132 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44132 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 44132 ranks in Cleveland-Elyria, OH
Every ZIP in this metro, ranked. Free.
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