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
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 FY2025Is Cincinnati, IN Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in INlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home 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
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Cincinnati
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
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Frequently Asked Questions
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💵Rent Affordability in CincinnatiSalary needed to afford rent here
🗺️All Cities in INSee how Cincinnati ranks statewide
⚖️Compare CincinnatiSide-by-side rent & cost of living with any city
📋IN Tenant RightsDeposit limits, eviction laws & renters protections