The subject of today’s snapshot is Downtown Cincinnati, Ohio. Based on our analysis, Cincinnati’s year-over-year average rents have increased among all bedroom unit types.
Our standard neighborhood analysis uses a 12-month “LookBack” to establish an average baseline rent. The results from the 12-month LookBack analysis are presented in the tables below for Cincinnati’s 1-2 bedroom rents from August 1, 2020 – August 1, 2021:
As the table shows, 1BR units increased by 8% from last year or $103 more, and the 2BR units increased by 18% or $344 more. As demonstrated by the table, year-over-year performance for all bedroom types increased.
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This article was written by the Rentometer Content Team. The Rentometer Blog features fresh takes and insights on rental housing topics, services, and technology.