Average Rent in Cincinnati, KY
The Fair Market Rent for a 2-bedroom in Cincinnati, KY is $1,353 per month, based on HUD data. With a median household income of $79,490, a household would spend 20.4% of income on housing at Fair Market Rent. Rent has increased 13.2% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $958 |
| 1 Bedroom | $1,051 |
| 2 Bedroom | $1,353 |
| 3 Bedroom | $1,785 |
| 4 Bedroom | $1,976 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $79,490 |
| Rent Burden (2BR FMR / Income) | 20.4% |
| Income Needed for 2BR (30% rule) | $54,120/yr |