RentData

Average Rent in Cincinnati, IN Rents rising 7.7% YoY🔺 2nd priciest in IN

HUD FY2025 · Official government data · Updated annually · Metro pop. 2,255,257

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Cincinnati, IN has rental prices ranging from $883/month to $1,885/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $993/month — 29% below the national average of $1,400/month. With a median household income of $79,490/year, spending $993/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Cincinnati Compares

With an average 2-bedroom rent of $1,287/month, Cincinnati ranks #2 most expensive of the 77 cities tracked in Indiana — pricier than 86% of all US cities in our data.

The Cincinnati Rental Market

The Cincinnati, IN area has a population of about 2,255,257 and 32% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Cincinnati, IN have risen by $92/month (7.7%) over the past year, from $1,195 to $1,287. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Cincinnati, IN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $39,720. The local median household income of $79,490 exceeds that threshold by $39,770, making Cincinnati relatively accessible compared to local wages.

Fair Market Rents

HUD FY2025
Studio
$883
Affordable
1 Bedroom
$993
Affordable
2 Bedrooms
$1,287
7.7% YoY
Affordable
3 Bedrooms
$1,707
Affordable
4 Bedrooms
$1,885
Affordable
🔔
Get Rent Alerts
Be notified when rents change in Cincinnati

Is Cincinnati, IN Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$51,480/year
Local median income: $79,490
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,287/month and 20% down on a home at 7% rate.

Nearby Cities in INlargest metros in the state

CityStudio1BR2BR3BRHome Value
Gary$860$985$1,197$1,475
Franklin County$727$802$1,052$1,389
Anderson$759$803$1,054$1,379
Indianapolis$955$1,097$1,283$1,669
Louisville$1,003$1,094$1,330$1,714
Fort Wayne$943$991$1,199$1,512

Rent or Buy in Cincinnati?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Cincinnati data

$
Home Value
$350,000
2BR Rent
$1,287/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,287/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Cincinnati

Cost of living, job market, crime rates, and moving cost estimates.

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Cincinnati

Compare rent & home prices by neighborhood

💵Rent Affordability in Cincinnati

Salary needed to afford rent here

🗺️All Cities in IN

See how Cincinnati ranks statewide

⚖️Compare Cincinnati

Side-by-side rent & cost of living with any city

📋IN Tenant Rights

Deposit limits, eviction laws & renters protections