Shaker Lakes vs Olmstead Falls

Cleveland, OH Neighborhood Comparison

Shaker Lakes and Olmstead Falls cost about the same: $261k vs $260k (Redfin, Jul–Sep 2026).

Neighborhood A
Shaker Lakes
$261k median
View Shaker Lakes profile →
Neighborhood B
Olmstead Falls
$260k median
View Olmstead Falls profile →
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Shaker Lakes
Metric
Olmstead Falls
$261k
→
Median Price
$260k
Shaker Lakes
Median Price
100%
Olmstead Falls
Median Price
100%
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Frequently Asked Questions

Is Shaker Lakes or Olmstead Falls more expensive?

Shaker Lakes has a median home price of $261k and Olmstead Falls is $260k. Olmstead Falls is the more affordable option.

Which has better schools — Shaker Lakes or Olmstead Falls?

Shaker Lakes has no school rating on file and Olmstead Falls has no school rating on file (school ratings from Niche/GreatSchools, 1 to 10, by school rather than by street).

Which is more walkable?

Shaker Lakes has no Walk Score on file. Olmstead Falls has no Walk Score on file. Walk Score isn't available for one of these neighborhoods.