Reno market rental trends report
Over the past 3 to 6 months, Reno’s apartment rental market has experienced a large decline, with average rents showing modest downward movement....
Over the past 3–6 months, rental prices in Columbus have edged upward slightly, climbing from approximately $1,495 in January to about $1,500 by March 2025. This modest rise is largely fueled by a persistent shortage of available units and increasing costs—such as higher construction and maintenance expenses—as developers and landlords adjust to tighter supply dynamics and elevated operating costs. The current median rent in the region stands at around $1,500 per month.
Cincinnati
Over the past 3–6 months, rent growth in Cincinnati has largely plateaued, with modest increases of 0.3% through early 2025 after a period of significant gains. This stabilization is largely due to a surge in new apartment construction that has eased vacancy constraints and brought more rental options to market, prompting landlords to keep rent growth in check. Despite this leveling-off, median asking rent remains strong at $1,460.
Apartment listings
Below are some recent listing examples.
(Data sourced from Apartments.com)
Over the past 3 to 6 months, Reno’s apartment rental market has experienced a large decline, with average rents showing modest downward movement....
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