30 Cheap Apartments for rent in Cincinnati, OH

Last updated August 15 at 6:20pm UTC
Glendora 2832
2832 Glendora Avenue
Cincinnati, OH
Updated August 15 at 6:19pm UTC
1 Bedroom
$525
2 Bedrooms
$895
Ohio 2218
2218 Ohio Avenue
Cincinnati, OH
Updated August 15 at 1:01pm UTC
Studio
$625
2516 Halstead St.
CUF
Cincinnati, OH
Updated August 1 at 10:42am UTC
Studio
$150
1452 State Ave
Lower Price Hill
Cincinnati, OH
Updated August 14 at 9:50am UTC
4 Bedrooms
$400
1481 Adams Rd
Mount Healthy
Cincinnati, OH
Updated August 13 at 5:15pm UTC
1 Bedroom
$525
16 Koehler Ave
Reading
Cincinnati, OH
Updated August 13 at 1:20am UTC
1 Bedroom
$585
3415 McHenry Ave
East Westwood
Cincinnati, OH
Updated August 12 at 9:36am UTC
1 Bedroom
$595
3411 McHenry Ave
East Westwood
Cincinnati, OH
Updated August 12 at 9:36am UTC
1 Bedroom
$595
3409 McHenry Ave
East Westwood
Cincinnati, OH
Updated August 12 at 9:36am UTC
1 Bedroom
$595
3653 Shaw Ave
Hyde Park
Cincinnati, OH
Updated August 4 at 5:11pm UTC
1 Bedroom
$595
7080 Eastlawn Dr
Roselawn
Cincinnati, OH
Updated July 27 at 1:19am UTC
1 Bedroom
$525
2606 Montana Ave
Westwood
Cincinnati, OH
Updated July 22 at 9:09am UTC
1 Bedroom
$545

August 2018 Cincinnati Rent Report

Welcome to the August 2018 Cincinnati Rent Report. Cincinnati rents declined over the past month. In this report, we'll evaluate trends in the Cincinnati rental market, including comparisons to cities throughout the state and nation.

View full Cincinnati Rent Report
Rent Report
Cincinnati

August 2018 Cincinnati Rent Report

Welcome to the August 2018 Cincinnati Rent Report. Cincinnati rents declined over the past month. In this report, we'll evaluate trends in the Cincinnati rental market, including comparisons to cities throughout the state and nation.

Cincinnati rents declined slightly over the past month

Cincinnati rents have declined 0.2% over the past month, but have increased slightly by 1.1% in comparison to the same time last year. Currently, median rents in Cincinnati stand at $640 for a one-bedroom apartment and $840 for a two-bedroom. Cincinnati's year-over-year rent growth leads the state average of 0.8%, but trails the national average of 1.2%.

Rents rising across cities in the Cincinnati Metro

Throughout the past year, rent increases have been occurring not just in the city of Cincinnati, but across the entire metro. Of the largest 10 cities that we have data for in the Cincinnati metro, all of them have seen prices rise. Ohio as a whole logged rent growth of 0.8% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

  • Looking throughout the metro, Fairfield is the most expensive of all Cincinnati metro's major cities, with a median two-bedroom rent of $1,080; of the 10 largest Ohio metro cities that we have data for, all have seen rents rise year-over-year, with Fairfield experiencing the fastest growth (+3.0%).
  • Lakewood, Toledo, and Florence have all experienced year-over-year growth above the state average (2.4%, 2.0%, and 1.9%, respectively).

Cincinnati rents more affordable than many large cities nationwide

As rents have increased slightly in Cincinnati, large cities nationwide have seen rents grow more quickly. Cincinnati is still more affordable than most large cities across the country.

  • Cincinnati's median two-bedroom rent of $840 is below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 1.1% increase in Cincinnati.
  • While Cincinnati's rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.4%).
  • Renters will find more reasonable prices in Cincinnati than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three-and-a-half times the price in Cincinnati.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Cincinnati $640 $840 -0.2% 1.1%
Hamilton $660 $870 -0.3% 0.7%
Middletown $690 $910 0.1% 0.8%
Fairfield $820 $1,080 0.3% 3.0%
Florence $740 $970 -0.2% 1.9%
Loveland $860 $1,130 -0.2% 0.3%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.