Cedar Ave / E 79th St median real estate price is $55,080, which is less expensive than 93.7% of Ohio neighborhoods and 96.8% of all U.S. neighborhoods.
The average rental price in Cedar Ave / E 79th St is currently $445, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 87.1% of Ohio neighborhoods.
Cedar Ave / E 79th St is an urban neighborhood (based on population density) located in Cleveland, Ohio.
Cedar Ave / E 79th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Cedar Ave / E 79th St 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 1940 and 1969.
Vacant apartments or homes are a major fact of life in Cedar Ave / E 79th St. The current real estate vacancy rate here is 35.7%. This is higher than the rate of vacancies in 96.3% 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.