St. Louis - MO vs Cleveland - OH: 2026 Housing Comparison

What this means for buyers

St. Louis - MO is roughly 9% more expensive than Cleveland - OH in typical home value.

St. Louis vs Cleveland: what the numbers say

At today's 7.40% average 30-year rate with 20% down, the typical home would cost about $1,513 a month in principal and interest in St. Louis and $1,385 in Cleveland, a gap of $128 a month.

Typical rent runs $1,427 in St. Louis and $1,440 in Cleveland, so the mortgage payment alone is 1.1 times rent in St. Louis and 1.0 times rent in Cleveland, before taxes and insurance.

Home prices are 16.0 years of rent in St. Louis and 14.5 in Cleveland; the lower ratio in Cleveland means buying there is cheaper relative to renting.

Over the last 23 months typical values moved +5.4% in St. Louis and +8.4% in Cleveland; over just the last three months the change was +0.9% in St. Louis and +1.0% in Cleveland.

Homes sell for 100.1% of list price in St. Louis and 100.1% in Cleveland, after 11 and 13 days on the market, with price cuts on 29% and 26% of listings. The signs are mixed: St. Louis has more price cuts, while Cleveland has longer time on the market.

The number of homes for sale is up 9% on a year ago in St. Louis and up 16% on a year ago in Cleveland.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-15), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.