Superior Arts District Eviction Risk: Elevated , Cleveland

Annualized rent equals 53% of average household income of $25,932, past the 30% affordability line, which thins the margin any screening standard has to work with. The poverty rate is 60%, which in this model reads as reduced rent-recovery odds after a judgment. This is renter territory: 95% of occupied units are tenant-occupied.

Severe burden reaches 20%. Those are renters paying half their income or more, and that is where non-payment filings originate. Sitting well above the midpoint, court filing pressure reads 8.2/10.

Food insecurity runs 32.1% against 17.8% nationally. Against the Cuyahoga County average of 4.6, this tract reads riskier for landlords by 1.4 points. Well under the midpoint, rent-regulation exposure reads 2/10.

Average gross rent is $1,141, 21% above the Cleveland average. Cost burden runs 37% here against 43.0% across Cuyahoga County. Inability to pay a utility bill runs 18.8% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two.

The filing record is not thin: 1,490 evictions over 12 years of observation. The worst year on record was 2013, when 8.2% of renter households were served.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.