Cincinnati, OH
Hamilton County · Pop. 309,317
Ranked #76 of 243 cities
48Moderate
Median Home Price
🏠$220K
4.0% YoY
Median Rent
🔑$1,150
3.0% YoY
Median Income
💰$42K
Rent Burden
📊32.5%
% of income to rent
Income to Buy
🏦$63K
annual income needed
Income to Rent
📝$46K
annual income needed
Price-to-Income
⚖️5.2x
Homeownership
🏡38.0%
Rent vs. Buy
Buy
$1,171/mo
Est. mortgage (7%, 20% down)
Need $63K/yr income
Rent
$1,150/mo
Median rent
Need $46K/yr income
How Cincinnati Compares
| Metric | Cincinnati | Ohio | National |
|---|---|---|---|
| Home Price | $220K | $220K | $410K |
| Rent | $1,150 | $1,014 | $1,500 |
| Income | $42K | $68K | $75K |
| Rent Burden | 32.5% | 29.5% | 30.0% |
Key Takeaways
- • Home prices in Cincinnati are 46% lower than the national average.
- • Rent is 23% lower than the national average.
- • You need an income of $63K to comfortably buy a home here.
- • The homeownership rate is 38.0%, compared to 65.0% nationally.