The Most Affordable Neighborhoods in Over-the-Rhine, Cincinnati, OH by Home Value

 

Over-the-Rhine, Cincinnati, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Over-the-Rhine area can be challenging. Home prices in Over-the-Rhine are now at a median cost of $401,491, higher than the Cincinnati average of $278,599.

The average cost of rent is $1,290/mo in Over-the-Rhine, primarily driven by the current value of real estate in the Over-the-Rhine area. In Over-the-Rhine, 70.03% of households rent, and 32.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Over-the-Rhine is $6,471 per month. Households that rent pay about 19.94% of their income on rent here. Over-the-Rhine’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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