Why Live in Edgewater
Edgewater, a neighborhood in Cleveland, offers a blend of lakeside living and urban convenience. Located near Lake Erie and Edgewater Park, residents enjoy walkable access to beaches and recreational areas. The neighborhood features a mix of multifamily units, century-old mansions, and single-family homes, with a notable division by Clifton Boulevard. The northern section is characterized by single-family Colonial Revival homes, while the southern part includes converted apartments and lakeside mansions. Edgewater is adjacent to the Detroit-Shoreway neighborhood and close to the Gordon Square Arts District, providing easy access to cultural attractions. Dining and shopping are centered around Clifton Boulevard and Detroit Avenue, with popular spots like My Friends Restaurant, Don’s Lighthouse Grille, and Earth Bistro Café. Edgewater Park, part of Cleveland Metroparks’ Lakefront Reservation, offers 9,000 feet of shoreline, dog-friendly beaches, a fishing pier, and picnic areas. The Cleveland Metropolitan School District provides school choice, though local schools have mixed ratings. Commuting is facilitated by the Red Line, connecting to Hopkins International Airport in about 25 minutes, and Interstate 90, located two miles away. The neighborhood is safer than the national average, making it a practical choice for families and individuals seeking a balanced urban lifestyle.
Frequently Asked Questions
Is Edgewater a good place to live?
Edgewater is a good place to live, receiving 4.8 stars from its residents. Edgewater is considered somewhat walkable and bikeable with good transit options. Edgewater has 6 parks for recreational activities. It is fairly dense in population with 13.4 people per acre and a median age of 40. The average household income is $58,126 which is below the national average. College graduates make up 33.8% of residents. A majority of residents in Edgewater are renters, with 75.3% of residents renting and 24.7% of residents owning their home. A
local real estate agent serving Edgewater can help you decide if this neighborhood is the right one for you. Learn more on our
Edgewater neighborhood guide.
How much do you need to make to afford a house in Edgewater?
The median home price in Edgewater is $235,000. If you put a 20% down payment of $47,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,170 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $50K a year to afford the median home price in Edgewater. The average household income in Edgewater is $58K.
What are the best public schools in Edgewater?
The best public schools that serve Edgewater are:
What are the best private schools in Edgewater?
The best private schools that serve Edgewater are:
What are the most popular zip codes in Edgewater, Cleveland, OH?
What are the most popular neighborhoods near Edgewater, Cleveland, OH?
Are home prices dropping in Edgewater?
Yes, home prices in Edgewater are down 9% in the last 12 months.
Home Trends in Edgewater, OH
On average, homes in Edgewater, Cleveland sell after 32 days on the market compared to the national average of 52 days. The median sale price for homes in Edgewater, Cleveland over the last 12 months is $230,000, up 64% from the median home sale price over the previous 12 months.
Median Sale Price
$230,000
Median Single Family Sale Price
$265,000
Median Townhouse Sale Price
$620,000
Median 2 Bedroom Sale Price
$142,000
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$165
Number of Homes for Sale
14
Last 12 months Home Sales
49
Median List Price
$235,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
64%