skip to content

Money

&

Prices

Rent Tracker

Rent Inflation in Cincinnati, OH

The average asking rent in Cincinnati, OH is $1,575/month as of 2026-05. That is +3.1% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,575/mo

as of 2026-05

Year-over-Year Change

+3.1%

24-Month Rent Trend

Monthly ZORI index values for Cincinnati, OH.

Month Avg Asking Rent Change from Prior Month
2026-05 $1,575 +0.32%
2026-04 $1,570 +0.45%
2026-03 $1,563 +0.77%
2026-02 $1,551 +0.71%
2026-01 $1,540 +0.33%
2025-12 $1,535 -0.20%
2025-11 $1,538 -0.45%
2025-10 $1,545 -0.19%
2025-09 $1,548 +0.00%
2025-08 $1,548 +0.39%
2025-07 $1,542 +0.52%
2025-06 $1,534 +0.46%
2025-05 $1,527 +0.79%
2025-04 $1,515 +0.40%
2025-03 $1,509 +0.67%
2025-02 $1,499 -0.07%
2025-01 $1,500 +0.13%
2024-12 $1,498 -0.13%
2024-11 $1,500 +0.07%
2024-10 $1,499 +0.13%
2024-09 $1,497 +0.13%
2024-08 $1,495 +0.54%
2024-07 $1,487 +0.47%
2024-06 $1,480

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

Compare All Cities

Open Full Rent Tracker →

Other Cities

Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices