Euclid

Suburb Dashboard: Euclid

Suburb of Cleveland (East Side)

Zip Codes: 44119, 44117, 44123, 44143, 44132

Census Tracts: 1521.01, 1521.02, 1522.01, 1522.02, 1523.01, 1523.02, 1523.03, 1524.00, 1525.01, 1525.02, 1526.03, 1526.04, 1527.01, 1527.02, 1527.03, 1962.00

 Area Rating Grade/Range

 School District

Euclid CSD

  Rental Registration 

 Typical Rent Ranges

Single Family Houses:

  • 2Bed. – $750-$900
  • 3Bed. – $850-$1100
  • 4Bed. – $900-$1200

Apartments/Multi-Family:

  • 1Bed. – $550-$650
  • 2Bed. – $650-$800
  • 3Bed. – $750-$950

 Property Tax Rate

 Point of Sale Requirements

Point of Sale (POS) inspection required. Interior and exterior inspection required; any violations must be corrected by seller or assumed by buyer. If violations are assumed by buyer, buyer will need to get contractor’s estimate for the correction of the violations prior to closing, and place 50% of that amount into escrow at closing to ensure violations are addressed in a timely manner. 6 month window to correct violations.

 Population Estimate

 About Euclid…

Euclid is situated in the northestern corner of Cuyahoga County, and is directly adjacent to both the City of Cleveland and Lake County. Euclid’s presence on Lake Erie combined with its relatively affordable housing values and stable tenant base make it a popular choice for investors.

Euclid benefits from Rt. 2/I-90 passing through it, providing easy access to downtown Cleveland as well as other eastern suburbs.

This city’s housing stock consists primarily of detached single family houses, but there is also a large number of semi-detached single family houses, condominiums, duplexes and apartment buildings as well. The majority of the housing stock was built between the early 1920s through the 1960s, though there are a few areas with newer buildings scattered throughout the city.

Euclid’s housing values were hit quite hard in the recession a decade ago, but have been rebounding considerably over the past few years.

The new Amazon distribution center on the site of the former Euclid Square Mall is expected to provide many new jobs in the area and create even stronger demand for housing in the near vicinity.

Euclid has a wide range of neighborhoods (ranging from D+ in an area off of Euclid Avenue to A- in an area directly adjacent to the lakefront) so it is important to consider the specific neighborhood rather than just the city itself when investing in Euclid.