Shaker Heights

Suburb Dashboard: Shaker Heights

Suburb of Cleveland (East Side)

Zip Codes: 44118, 44120, 44122

Census Tracts: 1831.00, 1832.00, 1833.00, 1834.01, 1834.02, 1835.01, 1835.02, 1856.03, 1856.04, 1856.05, 1856.06

 Area Rating Grade/Range

 School District

Shaker Heights CSD

 Typical Rent Ranges

Single Family Houses:

  • 2Bed. – $900-$1100
  • 3Bed. – $950-$1650
  • 4Bed. – $1000-$2000

Apartments/Multi-Family:

  • 1Bed. – $600-$800
  • 2Bed. – $700-$1200
  • 3Bed. – $900-$1400

 Property Tax Rate

 Point of Sale Requirements

Point of Sale (POS) inspection required. Interior and exterior inspection required; any violations must be corrected by seller or assumed by buyer. If violations are assumed by buyer, buyer will need to get contractor’s estimate for the correction of the violations prior to closing, and place 150% of that amount into city-held escrow account to ensure violations are addressed in a timely manner. 90 day window to correct violations.

 Population Estimate

 About Shaker Heights…

Shaker Heights is a popular suburb for professionals, and is a city in which many investors seek properties. It has a reputation for being very strict regarding upkeep of properties, with strict Point-of-Sale ordinances and property maintenance ordinances.

It is certainly a city where it is possible to attract and retain high caliber tenants in most cases.

It does not have direct access to any freeway, but it is fairly convenient to downtown Cleveland by car or light rail or other eastern suburbs by car.

Shaker Heights consists of many single family houses, duplexes, and apartment buildings. The housing stock was built primarily between the 1920s and the 1950s, though there are some areas that have older or newer housing.

Much like Cleveland Heights, Shaker Heights is a city that has an urbane air of old money and culture in a sense; many of the grand mansions that belonged to industrial leaders and other wealthy locals of the early 20th century are situated on and around Shaker Blvd.

The blue line and green line light rail both service Shaker Heights.