Cincinnati, OH Rental Market
Cincinnati is a major Midwest metro with a diverse economy anchored by Procter & Gamble (global HQ), Kroger, Fifth Third Bank, and a growing tech scene. The University of Cincinnati drives consistent student demand, while Cincinnati Children's Hospital — one of the top-ranked pediatric hospitals in the country — and UC Health attract healthcare professionals. The city's affordable home prices, vibrant Over-the-Rhine neighborhood, and strong job market make it one of the best mid-size rental markets in Ohio.
Get a rent estimate for an address in CincinnatiAverage Rent in Cincinnati, OH
$1,130
per month · 2026-06
Market Score
Key Facts — Cincinnati, OH Rental Market
- Average rent in Cincinnati, OH:$1,130/mo
- Median rent:$1,040/mo
- Rent range:$575 – $2,500/mo
- Most common rental (2 bedrooms):$1,000/mo
- Active listings:1,600
- Avg days to lease:30 days
- Year-over-year change:+3.2%
- Median home value:$195,000
- Est. gross annual yield:7.0%
- Data as of:2026-06
Rent by Bedroom in Cincinnati, OH
Average monthly rent for each bedroom type based on current active listings in Cincinnati.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $825/mo |
2 Bedrooms | $1,000/mo |
3 Bedrooms | $1,275/mo |
4 Bedrooms | $1,550/mo |
5 Bedrooms | $1,775/mo |
Cincinnati Rental Market Statistics
Key indicators from the current Cincinnati, OH rental market.
1,600
Available now in Cincinnati
30
From list to lease
$0.89
Average across listings
1,267 sq ft
Typical rental size
$575 – $2,500
Min to max active listings
+3.2%
Avg rent vs. prior year
Investing in Cincinnati, OH Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$195,000
Typical purchase price in Cincinnati
Est. Gross Annual Yield
7.0%
Before expenses & vacancy
Avg Monthly Income
$1,130
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Cincinnati for a full cash-flow breakdown including all costs.
Cincinnati, OH Rental Market FAQ
Common questions about renting and investing in Cincinnati, OH.
What is the average rent in Cincinnati, OH?
The average rent in Cincinnati, OH is $1,130 per month as of 2026. One-bedroom apartments average $825/mo, two-bedrooms $1,000/mo, and three-bedroom homes $1,275/mo. Over-the-Rhine, Hyde Park, and Mount Lookout command premium rents, while Price Hill and Norwood offer more affordable options.
Is Cincinnati, OH a good place to invest in rental property?
Cincinnati offers an estimated 7.0% gross annual yield with strong 3.2% rent growth and a deeply diversified Fortune 500 employer base. P&G, Kroger, Cincinnati Children's, and a growing tech sector provide high-quality tenants across multiple income levels. The affordable median home value (~$195,000) makes entry accessible.
How competitive is the Cincinnati, OH rental market?
Cincinnati averages 30 days on market with approximately 1,600 active listings. Over-the-Rhine and adjacent neighborhoods are highly competitive, often leasing within 2 weeks. The broader metro market offers more pace and negotiation opportunity in suburban areas like Blue Ash, Mason, and Fairfield.
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