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Independence, OH
Full City Profile · Ohio · Cuyahoga County County
4.0
/5.0
A
Great
7,543
Population
792/sq mi density
$114,049
Median Income
$60,510 per capita
$305,500
Home Value
$346,427 Zillow
$1,547
Median Rent
17.5% income on rent
52°F
Avg Temperature
275 sunny days/yr
56
Violent Crime/100K
1,819 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$114,049 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$305,500 home value, $1,547/mo rent
F
Safety
1.0 / 5.0
56 violent crimes/100K
A+
Education
5.0 / 5.0
51.3% bachelor's degree or higher
Housing Overview
Median Home Value
$305,500
8% above
US avg: $281,900
Median Rent
$1,547/mo
33% above
US avg: $1,163/mo
Homeownership Rate
94.8%
45% above US avg (65.4%)
Total Housing Units
3,139
Median year built: 1960
Home Value by Source
Census Median
$305,500
Zillow (ZHVI)
$346,427
Median Sale Price
$330,000
Median List Price
$360,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.8%
Owner-Occupied
5.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$1,547/mo
Market Indicators (Redfin)
Median Days on Market
81 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$210
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
17.5%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
94.8%
Complete Housing Data
Home Values
| Census Median Value | $305,500 |
| Zillow Home Value (ZHVI) | $346,427 |
| Median Sale Price | $330,000 |
| Median List Price | $360,000 |
| Price Per Sq Ft | $210 |
Rent
| Census Median Rent | $1,547 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 81 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 1 |
| Active Inventory | 4 |
| Price Per Sq Ft | $210 |
Ownership & Stock
| Owner-Occupied | 94.8% |
| Renter-Occupied | 5.2% |
| Homeownership Rate | 94.8% |
| Total Housing Units | 3,139 |
| Median Year Built | 1960 |
| Rent Burden | 17.5% |