ABOUT East Bank of The Flats
East Bank of The Flats is a lively neighborhood located in central Cleveland, just west of downtown. It is surrounded on three sides by the water, with the stunning Lake Erie to the north and the Cuyahoga River to the west and south.
Most of the housing in the neighborhood is made up of luxury apartments in contemporary buildings. There are also high-value condos available, which can cost well over one million dollars.
The population of East Bank of The Flats is primarily made up of young working professionals in their late 20’s and 30’s. Its central location as well as its close proximity to some of the city’s best bars, restaurants and entertainment venues make it a popular choice for the younger residents of Cleveland.
In addition to having a vibrant night scene, the neighborhood is also close to many of Cleveland’s parks and green spaces. Wendy Park on the shores of Lake Erie is particularly popular with locals.
East Bank of The Flats is a younger neighborhood made up primarily of single working professionals. Most residents work in Cleveland’s downtown district, making the central neighborhood a convenient place to live. The average age is about 30 and the population is about 80% males and 20% females.
Residents earn about $47,000 a year on average and less than 4% of the population lives below the poverty line. The neighborhood is surrounded by restaurants, bars and entertainment venues, and many of the local residents enjoy eating out, shopping and going to concerts. There are also plenty of local parks to enjoy, including the popular lakeside Wendy Park.
TOP East Bank of The Flats HIGHLIGHTS
Ohio records an average of 20 tornadoes annually. Based on historic and current trends, the local tornado index is nothing to sneeze at. Low pressure systems, high precipitation levels, and a tendency for Cleveland’s atmosphere to provide the right conditions mean that this area has a notable risk of experiencing thunderstorms and tornadoes.
Because the East Bank of The Flats is located near Lake Erie’s southern shore and the Cuyahoga River, residents would be wise to pay particular attention to heavy rainfall and flood warnings.
This part of Cleveland also suffers from sizable hailstorms and damaging ice storms. During the winter months, blizzard conditions are also known to occur.
East Bank of The Flats is in central Cleveland, close to the city’s downtown and within 10 minutes or less of its many top attractions. Residents can easily walk to local attractions or hop on the Cleveland Memorial Shoreway to explore the rest of the city.
Residents who commute for work can be downtown in just over five minutes, and the Burke Lakefront Airport is less than a 10 minute drive from the neighborhood. Those who travel further afield for work can also hop on the nearby I-90 and arrive at the Cleveland Hopkins International Airport in about 15 minutes.
This corner of Cleveland has a crime rate that is 127% over the national average, and the odds of being a victim of either a property crime or a violent crime in the East Bank of The Flats is about 1 in 18.
Specifically, the violent crime rate associated with this neighborhood is 281% higher than the estimated national average. Namely, assault cases and robbery rates are main factors driving up the violent crime rate.
Burglary, theft, and vehicle theft rates all dwarf both Cleveland’s averages and Ohio’s averages. With this data in mind, the frequency of property crimes in this Cleveland neighborhood is a serious concern.
SCHOOLS IN East Bank of The Flats
Although there are no schools within the neighborhood, there are many top-rated schools within driving distance. The local public schools belong to the Cleveland Metropolitan School District and offer both challenging curricula and enriching extracurricular programs.
Many of the public schools in Cleveland don’t have separate elementary and middle schools. Instead, individual schools typically serve students from pre-kindergarten or kindergarten until eighth grade. Students can prepare to become global citizens at the prestigious Campus International, receive a STEM-based education at Orchard or opt for a more traditional education at Waverly.
There are also a variety of private schools that parents can choose from. Metro Catholic School has programs from pre-kindergarten through eighth grade while the nearby Saint Martin de Porres gives high schoolers a faith-based program to prepare them for their future careers or higher educational pursuits.
No matter what Cleveland school students attend, they’re guaranteed to receive a quality education from a team of passionate teaching professionals.
East Bank of The Flats Housing 2020
Real estate in East Bank of The Flats is more expensive than in many Cleveland neighborhoods. The average property is about $132,000 compared to the Cleveland average of $95,000. However, luxury two-bedroom apartments and condos in the neighborhood can cost over one million dollars.
New properties are still being built and developed as the neighborhood continues to be a desirable location to live. The neighborhood is especially popular with young professionals due to its lively environment and central location. The real estate options within the neighborhood are apartments and condos that cost anywhere from $1,400 to over $3,500 to rent, depending on the size and location.
Single-family homes are available to the south and west of the neighborhood in Tremont and Ohio City. As of Spring 2020, single-family homes within the East Bank zip code cost about $250,000 or $183 per square foot.
East Bank of The Flats Homes for Sale
Housing options in East Bank of The Flats are primarily apartments and condos. As of Spring 2020, the average property in the neighborhood costs about $132,000, compared to about $95,000 in the rest of Cleveland.
There are four main apartment complexes located within the neighborhood. The Flats at East Bank is the most popular apartment complex and it has one to three-bedroom luxury apartments available. Apartments in The Flat range in price from about $1,400 to over $3,500 depending on the style and size of the apartment.
Other apartment complexes in the area include Archer Apartment Homes, Bingham Apartment Homes and Bridgeview Apartments. All of these buildings are located in the southern part of the neighborhood. These buildings offer a range of luxury and loft-style apartments. Archer and Bingham are more modern buildings while Bridgeview is a historic Cleveland warehouse.