Safe Rate Local

Cincinnati

Learn about the people, housing, costs and businesses in Cincinnati, Ohio

Median Home$260,813
Median Rent$1,049/month
Population310,973
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services14% healthcare
Home Value Growth⬆⬆+17.9% over 2 years
Young Adults38% of residentstop 4% nationally
Renters60% of occupied units
NotableAmenity Score81/100 · highly walkable area
NotableTransit80/100 · excellent transit access
Cincinnati
OH

Frequently Asked Questions

What are today's mortgage rates in Cincinnati?

As of today, the 30-year fixed mortgage rate for Cincinnati is approximately 6.990% (7.043% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Cincinnati
What is the median home price in Cincinnati?

The median home value in Cincinnati is $261k. The median monthly rent is $1,049. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cincinnati?

Home values in Cincinnati have increased 17.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cincinnati?

Based on a typical all-in ownership cost of $1,153/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cincinnati is $59k/year.

Calculate your buying power
What industries drive the economy in Cincinnati?

The largest employment sectors in Cincinnati are public administration (26%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.