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Cleveland, NC
Full City Profile · North Carolina · Rowan County County
3.0
/5.0
B
Good
1,053
Population
679/sq mi density
$60,063
Median Income
$29,187 per capita
$205,800
Home Value
$306,309 Zillow
$748
Median Rent
24.3% income on rent
59°F
Avg Temperature
310 sunny days/yr
454
Violent Crime/100K
1,587 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$60,063 median income, 5.0% unemployment
A+
Affordability
4.8 / 5.0
$205,800 home value, $748/mo rent
F
Safety
1.0 / 5.0
454 violent crimes/100K (19% above avg)
B
Education
3.1 / 5.0
26.6% bachelor's degree or higher
Housing Overview
Median Home Value
$205,800
27% below
US avg: $281,900
Median Rent
$748/mo
36% below
US avg: $1,163/mo
Homeownership Rate
73.3%
12% above US avg (65.4%)
Total Housing Units
582
Median year built: 1980
Home Value by Source
Census Median
$205,800
Zillow (ZHVI)
$306,309
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.3%
Owner-Occupied
26.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$758/mo
1 Bedroom
$763/mo
2 Bedroom
$925/mo
3 Bedroom
$1,286/mo
4 Bedroom
$1,322/mo
Census median rent:
$748/mo
Affordability & Housing Stock
Rent Burden
24.3%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
73.3%
Complete Housing Data
Home Values
| Census Median Value | $205,800 |
| Zillow Home Value (ZHVI) | $306,309 |
Rent
| Census Median Rent | $748 |
| FMR Studio | $758 |
| FMR 1-Bedroom | $763 |
| FMR 2-Bedroom | $925 |
| FMR 3-Bedroom | $1,286 |
| FMR 4-Bedroom | $1,322 |
Market
Ownership & Stock
| Owner-Occupied | 73.3% |
| Renter-Occupied | 26.7% |
| Homeownership Rate | 73.3% |
| Total Housing Units | 582 |
| Median Year Built | 1980 |
| Rent Burden | 24.3% |