Cleveland Rental Properties Under $160K

Renovated Rentals Under $160K in Cleveland

There’s a reason Cleveland has built one of the deepest repeat-buyer bases in our network, with investors closing their second, third, and even tenth property here. It comes down to the numbers. Recent inventory has included fully renovated single-family rentals under $160,000, with projected Year 1 cash-on-cash returns in the 8 to 10 percent range.

The draw goes beyond price. Cleveland’s economy is anchored by the Cleveland Clinic, Ohio’s largest employer, and per the U.S. Bureau of Labor Statistics, the metro’s education and health services sector kept adding jobs even as other sectors cooled over the past year. That kind of employment stability is exactly what keeps tenants in place and investors coming back for more.

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      🗓 Date: August 20, 2026
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