Cost of Living and Housing in Shaker Heights, Ohio

Shaker Heights has about 28,922 residents. Median gross rent is $1,168 per month and median household income is $104,073.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $1,168/mo 29% below the dataset median

Median Home Value $303,200 19% below the dataset median

Median Household Income $104,073 24% above the dataset median

Owner-Occupied Homes 60% Share of occupied housing units

Rent-to-Income Baseline 13% Annual median rent ÷ household income

Home Value-to-Income 2.9x Median value ÷ household income

How Shaker Heights compares

Rent is 29% below the dataset median, while household income is 24% above the dataset median. Within Ohio, Shaker Heights ranks #56 from lowest to highest rent and #15 from highest to lowest household income among 88 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Ohio

Frequently asked questions

What is the median rent in Shaker Heights?

Median gross rent is $1,168 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Shaker Heights?

The median value of owner-occupied homes is $303,200 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Shaker Heights is $104,073 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.