Housing & affordability in Lakewood

ACS 2020–24 · four inputs · 18% of the overall score

D+

50/100
33rd of 52

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The four inputs

Median home value vs metro$262,200

Cleveland $215,40040% · scores 61

Median rent vs metro$1,070/mo

Cleveland $1,050/mo30% · scores 51

Ownership rate44%

Cleveland 67%15% · scores 17

Households spending >30% of income on housing29%

Cleveland 28%15% · scores 52

Context, not scored

Median year built · Cleveland 19631939 or earlier

Houses rather than flats · Cleveland 72%40%

Households with children · Cleveland 25%15%

Neither direction is better here, so none of it moves the grade. It is on the page because it changes what a place is like to live in.

Vertical rule marks the Cleveland reference. ACS 2020–24. Every scale is on the methodology page.

Best Cleveland suburbs for housing

All 52 ranked, Lakewood highlighted

1AvonA−$395,900 2BrecksvilleA−$371,900 3SolonA−$392,900 4Avon LakeB+$368,300 5WestlakeB$368,200 6Seven HillsB$258,000 7BeachwoodB$410,300 8Bay VillageB−$353,000 9StrongsvilleB−$298,300 10North RidgevilleB−$270,100 11Broadview HeightsB−$316,700 12MentorB−$247,700 13Rocky RiverC+$349,300 14North RoyaltonC+$292,600 15BrunswickC+$249,100 16AmherstC$239,200 17University HeightsC$242,700 18Shaker HeightsC$303,200 19North OlmstedC$219,800 20LyndhurstC$212,200 21WadsworthC$247,900 22WickliffeC$166,900 23Middleburg HeightsC$228,400 24South EuclidC−$153,700 25MedinaC−$243,600 26Fairview ParkC−$239,100 27VermilionC−$183,600 28BereaC−$198,100 29Brook ParkC−$169,600 30WillowickC−$166,000 31WilloughbyC−$216,900 32ParmaD+$170,100 33LakewoodD+$262,200 34Richmond HeightsD+$208,800 35EastlakeD$172,100 36Mayfield HeightsD$205,200 37Cleveland HeightsD$192,100 38BrooklynD$163,100 39Parma HeightsD$175,100 40ElyriaD−$156,100 41Maple HeightsF$97,900 42ConneautF$132,400 43PainesvilleF$158,800 44BedfordF$135,200 45LorainF$139,200 46Garfield HeightsF$109,900 47Bedford HeightsF$156,500 48EuclidF$126,500 49Warrensville HeightsF$121,100 50AshtabulaF$105,900 51ClevelandF$102,000 52East ClevelandF$68,800

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Better than Lakewood on housing & affordability

Lakewood grades D+ on housing & affordability. Six suburbs are within 25 miles and score higher on the same four inputs.

SuburbHousingMedian home valueOwnership rateOverall

Avon11 mi from LakewoodA−$396k88% 69 B− Brecksville15 mi from LakewoodA−$372k85% 65 C+ Solon20 mi from LakewoodA−$393k84% 69 B− Avon Lake11 mi from LakewoodB+$368k83% 68 B− Westlake7 mi from LakewoodB$368k73% 70 B− Seven Hills10 mi from LakewoodB$258k95% 60 C

Median home value: ACS 2020–24 · Ownership rate: ACS 2020–24

Six Cleveland lists

Best Cleveland suburbs for families Most affordable Cleveland suburbs Best Cleveland suburbs for schools Shortest commutes to Downtown Cleveland Most walkable Cleveland suburbs Best Cleveland suburbs for young professionals

Compare Lakewood

Lakewood vs Rocky River Every Cleveland suburb, side by side

How this works

How we score Cleveland suburbs — every weight and source Twelve guides to moving to Cleveland