Cincinnati rents decreased over the past month
Rent prices in Cincinnati decreased by 0.1% over the past month, and prices are 0.4% lower than last year. 1-bedrooms in Cincinnati have a median rent of $700, while 2-bedrooms cost $900.
Cincinnati is the 4th most expensive city for renters
- Westlake: Westlake has the highest rent prices in Ohio. A 2-bedroom in Westlake runs a median rent of $1,220, while 1-bedrooms cost $990. Rents in Westlake grew by 4.3% over the past month.
- Hilliard: Hilliard is the 2nd most expensive city for renters. 2-bedrooms there rent for $1,100, and 1-beds go for $890. Hilliard rents have grown by 3.9% in the past year.
- Columbus: Columbus has the 3rd highest rents in the state. Median rents in Columbus are at $900 for 2-bedrooms and $750 for 1-bedrooms. Columbus rents increased by 3.3% over the past year.
Toledo shows the fastest-growing rents
- Toledo: Having experienced a 6.9% increase in rents over the past year, Toledo shows the fastest-growing rents in Ohio. 2-bedrooms in Toledo cost $630, while 1-beds rent for $520.
- Dayton: Rents in Dayton have grown by 5.6% in the past year, though rent growth was flat over the past month. A 2-bedroom in Dayton has a median rent of $600, and 1-bedrooms go for $480.
- Elyria: Elyria shows the 5th fastest-growing rents in Ohio, at a 2.1% increase over last year. 1- and 2-bedrooms in Elyria cost $520 and $600, respectively.
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Apartment List Rent Report data is drawn monthly from the millions of listings on our site. 1-bedroom and 2-bedroom rents are calculated as the median for units available in the specified size and time period. Price changes are calculated using a “same unit” methodology similar to the Case-Shiller “repeat sales” home prices methodology, taking the average price change for units available across both time periods.
About Rent Reports:
Apartment List’s Rent Reports cover rental pricing data in major cities, their suburbs, and their neighborhoods. We provide valuable leading indicators of rental price trends, highlight data on top cities, and identify the key facts renters should know. As always, our goal is to provide price transparency to America’s 105 million renters to help them make the best possible decisions in choosing a place to call home.