Broadway Ave / Pershing Ave median real estate price is $38,432, which is less expensive than 98.3% of Ohio neighborhoods and 99.3% of all U.S. neighborhoods.
The average rental price in Broadway Ave / Pershing Ave is currently $529, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 65.4% of Ohio neighborhoods.
Broadway Ave / Pershing Ave is an urban neighborhood (based on population density) located in Cleveland, Ohio.
Broadway Ave / Pershing Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Broadway Ave / Pershing Ave neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Broadway Ave / Pershing Ave. The current real estate vacancy rate here is 42.7%. This is higher than the rate of vacancies in 97.7% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.