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These days, finding an affordable place to live in the Cincinnati area can be challenging. Home prices in Cincinnati are now at a median cost of $138,172, lower than the Iowa average of $226,062.
The average cost of rent is $1,022/mo in Cincinnati, primarily driven by the current value of real estate in the Cincinnati area. In Cincinnati, 20.93% of households rent, and 49.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cincinnati is $5,156 per month. Households that rent pay about 19.82% of their income on rent here. Cincinnati’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Numa, IA: higher priced homes
- Exline, IA: less expensive homes
- Darbyville, IA: less expensive homes
- Jerome, IA: higher priced homes
- Sunshine, IA: higher priced homes
- Thirty, IA: equally priced homes
- Centerville, IA: equally priced homes
- Omaha, MO: less expensive homes
- Unionville, MO: higher priced homes
- Seymour, IA: less expensive homes
Cities with Similar Populations
- Plummers Mill, KY: higher priced homes
- Bristow, IN: higher priced homes
- Burbank, FL: higher priced homes
- Burt, IA: less expensive homes
- Carey, ID: higher priced homes
- Central, UT: higher priced homes
- Choccolocco, AL: higher priced homes
- Hector, NY: higher priced homes
- Hillcrest, TX: higher priced homes
- Indian Valley, VA: higher priced homes
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