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Rent by ZIP · Hamilton County

Rent in Cincinnati, OH 45240

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,650 (+7.8% vs FY2026). Renters in this ZIP code pay a median $1,284 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,200$1,080+11.1%$1,080–1,320–
1 bedroom$1,290$1,190+8.4%$1,161–1,419$992 ±$90
2 bedrooms$1,650$1,530+7.8%$1,485–1,815$1,312 ±$103
3 bedrooms$2,170$2,020+7.4%$1,953–2,387$1,545 ±$194
4 bedrooms$2,450$2,230+9.9%$2,205–2,695$1,937 ±$292

Small Area FMRs for the Cincinnati, OH-KY-IN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Cincinnati, OH-KY-IN HUD Metro FMR Area, 2 bedrooms: $1,442.

What renters pay in 45240

Median gross rent$1,284±$102 · all sizes
Renter households4,32739% of occupied homes
No cash rent210households

How rents are spread

Under $1,00026%
$1,000–1,49940%
$1,500–1,99925%
$2,000–2,4997%
$2,500–2,9992%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
45239Cincinnati$1,310$1,107
45241Cincinnati$1,540$1,195
45238Cincinnati$1,280$976
45242Cincinnati$2,160$1,811
45237Cincinnati$1,200$975
45243Cincinnati$2,160$1,690

Fair Market Rents across Hamilton County, OH · All OH counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.