Market Snapshot Cincinnati Q1 2025

Market Overview

Cincinnati’s multifamily market remained steady in Q1 2025, with average occupancy at 93.5% and annual rent growth hovering just above 2%. The metro, home to roughly 2.26 million residents, continues to benefit from strong healthcare, consumer goods, and financial services sectors. Major employers include Kroger, Procter & Gamble, and Cincinnati Children’s Hospital. Most development activity has shifted to suburban areas like Mason and Florence, where affordability and land availability appeal to both renters and builders. Value-add investment volume increased this quarter, signaling a continued appetite for renovated workforce housing.

About MMG

MMG Real Estate Advisors, based in Kansas City, is a boutique multifamily brokerage and research firm focused on the Midwest and Sunbelt. Their Cincinnati market reports deliver concise, actionable data—such as rent trends, lease-up performance, and transaction comps—ideal for owners, operators, and investors in Class B/C housing. MMG emphasizes clarity and operational relevance, surfacing key metrics that drive underwriting decisions in competitive, yield-driven environments.

‍