Rental market snapshot for Central Business District, Cincinnati
Central Business District rental market summary
The rental market in Central Business District, Ohio is showing signs of growth. In July 2023, there were 111 new listings, representing a 3.0% increase in median rent from the previous month. This is a 4.3% increase from the median rent in July 2022. This indicates that the rental market in Central Business District is becoming increasingly competitive, with more people looking to rent in the area.
The median rent in Central Business District is currently $1,605, which is slightly lower than the median rent in June 2023. However, the overall trend is still positive, with the median rent increasing over the past year. This suggests that the rental market in Central Business District is continuing to grow, and that demand for rental properties is increasing. With more people looking to rent in the area, landlords can expect to see higher rents in the future.
Median rent for all residential properties in Central Business District
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The most expensive listings and top trending buildings in Central Business District
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
39 E Court St | $3,100 | 2 / 2.5 |
601 E Pete Rose Way | $3,040 | 3 / 2.0 |
721 Main St | $2,925 | 2 / 2.0 |
601 E Pete Rose Way | $2,430 | 2 / 2.0 |
224 E 8th St | $2,358 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Towne Properties Asset Mgt Co | $1,593 |
Milhaus Management LLC | $1,560 |
North American Properties (new) | $1,543 |
Barrett and Stokely | $1,276 |
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Bedroom Breakdown in Central Business District
Central Business District neighborhood apartments rents
The rental market for studios in Central Business District, Ohio is showing signs of growth. In July 2023, there were 8 new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $1,228, a decrease of 4.8% from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for studios in Central Business District, Ohio appears to be on the rise.
The rental market for 1-bedroom apartments in Central Business District, Ohio is relatively stable. In July 2023, there were 29 new 1-bedroom listings, with a median rent of $1,550. This is a slight decrease of .8% from the median rent of $1,562 in June 2023. Overall, the rental market for 1-bedroom apartments in Central Business District, Ohio is relatively steady and shows no signs of major fluctuations.
The rental market for 2-bedroom apartments in Central Business District, Ohio is showing signs of stability. In July 2023, there were 14 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 5.7% from June 2023 to July 2023, settling at $2,050. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.