Cincinnati rental market analysis

Rental Market Reports > Apartment Reports > Cincinnati, OH

Q1 2023 - Rental Market Report



This rental market report looks at how Cincinnati, Ohio apartment rent prices have changed in Q1 2023.

According to our data, two-bedroom rent prices increased the most at 29% while three-bedroom apartments had the smallest increase of 17%.


Change in Year-Over-Year Average Rents: 1-3 Bedroom Apartments

Rent prices in 1-3 bedroom types in Cincinnati, Ohio experienced the following year-over-year rent increases in Q1 2023:

  • 1-Bedroom: 21%
  • 2-Bedroom: 29%
  • 3-Bedroom: 17%


Year-Over-Year Average Rents: 1-3 Bedroom Apartments

Below are the average rent prices for 1-3 bedroom apartments in Q1 2023 for Cincinnati, Ohio. 

  • 1-Bedroom: $1,123
  • 2-Bedroom: $1,528
  • 3-Bedroom: $1,537



Geography: This report analyzes rents in Cincinnati, Ohio.

Property Type: One, two, and three-bedroom apartments with all bathroom counts.

Analysis: Rent data was analyzed year-over-year for each bedroom count.

Data: New rents collected at the beginning and end of each quarter reported, excluding outliers below $500 and above.


Neighborhood Rent Analysis


Dive deeper into the Cincinnati apartment rental market by viewing average rent prices by neighborhood.



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Please note the research and data included in this report is aggregated from a variety of sources and many are third parties that are not affiliated with Rentometer, Inc. The information is believed to be accurate, but Rentometer, Inc. does not provide a warranty of any kind, either expressed or implied.