Cincinnati Multifamily Market Snapshot —Q1 2019
By Matt Maison
June 13, 2019

The Cincinnati multifamily market experienced a strong first quarter of 2019, with record investment activity and rent growth. Sales volume hit $609.2 million during 2018, according to Real Capital Analytics (RCA). This volume level eclipsed the 2017 total of $316.7 million, and the previous record-high of $447.3 million in 2016.
Apartment rent growth in the Cincinnati market continues to accelerate. According to Reis, the average asking rent finished the first quarter of 2019 at $920/unit, up 3.8% from $886/unit one year ago.
Here’s a quick look at the Cincinnati market’s finance and investment benchmarks for Q1 2019.
For more insights on the metro’s multifamily market, read out Cincinnati market spotlight.