Cincinnati rents and rental comps
The median asking rent across 20 Cincinnati zip codes is $1,358/month, up 7.1% from a year ago.
Multiple Fortune 500 employers and neighborhoods at wildly different stages of gentrification, sometimes on the same street. Affordable Midwest market where being off by two blocks is the difference between cash flow and a headache.
Median Asking Rent
$1,358
Rent Change (YoY)
+7.1%
Avg Days on Market
64
Active Rental Listings
1,667
Median List Price
$270,000
Median Asking Rent Over Time
Average across 20 zip codes
Median Asking Rent by ZIP Code
Rental Listings by ZIP Code
ZIP | Median Rent |
|---|---|
| 45231 | $1,695/mo |
| 45202 | $1,666/mo |
| 45227 | $1,650/mo |
| 45208 | $1,500/mo |
| 45219 | $1,500/mo |
| 45209 | $1,450/mo |
| 45216 | $1,360/mo |
| 45207 | $1,350/mo |
| 45214 | $1,350/mo |
| 45212 | $1,299/mo |
| 45205 | $1,221/mo |
| 45204 | $1,200/mo |
| 45206 | $1,200/mo |
| 45238 | $1,175/mo |
| 45229 | $1,115/mo |
| 45213 | $1,100/mo |
| 45223 | $1,098/mo |
| 45211 | $1,095/mo |
| 45224 | $1,082/mo |
| 45215 | $999/mo |
Comps for any address in Cincinnati
Type the address, get the comps. No setup.
Median Asking Rent by Bedroom
| Unit Size | Median Rent |
|---|---|
| Studio | $850/mo |
| 1 Bedroom | $915/mo |
| 2 Bedroom | $1,300/mo |
| 3 Bedroom | $1,800/mo |
| 4 Bedroom | $1,875/mo |
Aggregated median across all Cincinnati zip codes with available data.
For-Sale Listings by ZIP Code
| ZIP | Median List Price |
|---|---|
| 45208 | $499,000 |
| 45209 | $479,000 |
| 45206 | $375,000 |
| 45227 | $375,000 |
| 45202 | $359,000 |
| 45229 | $349,000 |
| 45213 | $309,900 |
| 45219 | $299,900 |
| 45212 | $295,000 |
| 45207 | $270,000 |
| 45215 | $270,000 |
| 45223 | $259,900 |
| 45238 | $229,900 |
| 45224 | $225,900 |
| 45211 | $220,000 |
| 45231 | $219,900 |
| 45214 | $199,900 |
| 45216 | $199,000 |
| 45205 | $165,000 |
| 45204 | $150,000 |
HUD Fair Market Rents
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $1,440/mo |
| 1 Bedroom | $1,580/mo |
| 2 Bedroom | $2,030/mo |
| 3 Bedroom | $2,680/mo |
| 4 Bedroom | $2,960/mo |
HUD publishes Fair Market Rents once a year for the Cincinnati metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.
About the Cincinnati rental market
The median asking rent across Cincinnati, OH sits at $1,358/month, pulled from active rental listings in 20 zip codes. That's up 7.1% from a year ago.
Rents aren't uniform across the city. ZIP 45231 tops the list at $1,695/month. ZIP 45215 comes in lowest at $999/month. That's a 70% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.
A 2-bedroom rents for $1,300/month at the median. 1-bedrooms run about $915. 3-bedrooms come in around $1,800.
Listings take longer here. The average is 64 days on market, which gives renters more room to negotiate and means landlords should price carefully.
Rent-to-price math is tight in Cincinnati. The gross figure sits at about 6.0% ($1,358/month against $270,000 median price). Most investors here are betting on appreciation, not monthly cash flow.
HUD's Fair Market Rent for a 2-bedroom in the Cincinnati metro is $2,030/month. Asking rents come in about 33% below the federal benchmark, which can make Section 8 properties competitive here.
Cincinnati has more Fortune 500 companies than you'd expect: Procter & Gamble, Kroger, Fifth Third Bank, Western & Southern. That base creates stable rental demand. Over-the-Rhine (OTR) gentrified hard and gets premium rents now. Hyde Park and Mount Adams are established premium. Neighborhoods like Price Hill and Avondale are earlier stage with better cash flow math. The Ohio side and the Kentucky side (Covington, Newport) are technically the same metro but operate as different markets with different laws. Midwest affordability with more economic diversity than most of its peers. The neighborhoods are distinct, the rent spread is wide. Specific area matters more than usual.
These numbers are city-wide averages. If you're pricing a specific property in Cincinnati, pull comps from the same zip code. The spread is usually bigger than people expect.
Pull rental comps for an address in Cincinnati
City-wide medians are the headline. The comps that actually price a property come from the block it's on. Search any Cincinnati address to see them.
Nearby rental markets
Columbus, OH
17 zip codes
Cleveland, OH
20 zip codes
Dayton, OH
17 zip codes
Indianapolis, IN
17 zip codes
Minneapolis, MN
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Kansas City, MO
17 zip codes
Related guides
How to find rental comps
What rental comps actually are, what makes one good or weak, and how to use them to price a rental without guessing.
What is fair market rent?
What HUD's fair market rent actually means, how it ties into Section 8, and when it should change how you price a rental.
How Section 8 payment standards work
The three numbers landlords mix up, the 90 to 110 percent band, and a worked example of what the voucher actually pays.