Total monthly cost of ownership
Cost to Own a Home in South Euclid, Ohio
A $135,000 home here costs
$1,401per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $694. The real number is $707 higher every month — 102% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
South Euclid against Cuyahoga County and Ohio
| Measure | South Euclid | Cuyahoga County |
|---|---|---|
| Median home value | $134,800 | $183,200 |
| Median property tax | $3,601 | $3,819 |
| Effective tax rate | 2.671% | 2.085% |
| Median gross rent | $1,298 | $1,005 |
| Population | 21,606 | 1,249,418 |
The weather behind that power bill
South Euclid sits in Cuyahoga County, which averages a high of 80.7°F in its hottest month and a low of 23.5°F in its coldest, with 33.34" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 925 cooling and 5,513 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Cuyahoga County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cuyahoga County
Common questions
How much does it cost to own a home in South Euclid?
A $135,000 home in South Euclid, Ohio costs approximately $1,401 per month with 20% down at 6.66%. That is $694 principal and interest, $300 property tax, $50 homeowners insurance, $243 utilities and $113 set aside for maintenance.
What is the property tax rate in South Euclid?
South Euclid has an effective property tax rate of 2.671%, based on a median home value of $134,800 and median real estate taxes of $3,601. That is higher than the Cuyahoga County average of 2.085%.
What is the average home price in South Euclid?
The median owner-occupied home value in South Euclid, Ohio is $134,800, against $183,200 across Cuyahoga County.
Is it cheaper to rent or buy in South Euclid?
Median gross rent in South Euclid is $1,298 a month, against $1,401 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for South Euclid — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Ohio.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.