Rent to own Homes in Cincinnati, OH

Cincinnati's growing rent-to-own home movement results from Cincinnati being one of the fastest-growing housing markets in the country, making it an extremely competitive area in which to buy a home. With a traditional home-buying process, you have fewer than 9 days to not only bid on the house but win the bid against a sea of other buyers, making down payments 20%+ of the overall housing costs and driving the overall housing costs up due to demand. This means conventional loans can be harder to get, and winning bids will be higher than you may be able to afford.

In Cincinnati, you can find multi-bedroom, multi-bathroom rent-to-own listings at affordable rates. With a rent-to-own home, you lease the home for a set amount of time, usually 1-3 years, during which you live in the home and make monthly payments to the seller/landlord. A percentage of your monthly payment goes towards the mortgage payment of the home. At the end of the rent-to-own agreement, you'll be able to purchase the home with a smaller downpayment than a traditional home, and the added advantage of knowing the home, the neighborhood, and the community is the right fit for your needs.

Cincinnati, OH is a great place for affordable rent-to-own homes! With a median household income of over $42,663 and a median rent of $760, the Cincinnati, OH rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Cincinnati, OH. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Cincinnati, OH rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
2046 CLAUDIA CT
Rent To Own
Mount Washington
Single Family Home
Cincinnati, OH 45230
2
2
1014 ft2
1957
5506 STEWART AVE
Rent To Own
 
Single Family Home
Cincinnati, OH 45227
3
3
1206 ft2
1925
5050 KUGLER MILL RD
Rent To Own
Kenwood
Single Family Home
Cincinnati, OH 45236
4
2
2241 ft2
1940
1719 Holman St
Rent To Own
Peaselburg
Single Family Home
Covington, KY 41011
3
1
1524 ft2
1910
4916 JAMESON ST
Rent To Own
Madisonville
Single Family Home
Cincinnati, OH 45227
2
1
933 ft2
1899
Manhattan Blvd #B
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
2132 GILBERT AVE
Rent To Own
Walnut Hills
Townhouse/Condo
Cincinnati, OH 45206
2
3
1244 ft2
1987
Manhattan Blvd #I
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #E
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
14 GLENWOOD AVE
Rent To Own
North Avondale
Single Family Home
Cincinnati, OH 45217
2
1
1104 ft2
1915
6611 HEARNE RD #97
Rent To Own
Dent
Townhouse/Condo
Cincinnati, OH 45248
1
1
608 ft2
1976
353 Manhattan Blvd #2B
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
2
1620 ft2
Manhattan Blvd #A
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #D
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #F
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #G
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #H
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #J
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #K
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #N
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1600 ft2
Manhattan Blvd #L
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #M
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1600 ft2
1338 6TH AVE
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
2
1146 ft2
1920
1204 GLENNA DR
Rent To Own
Central Delhi
Single Family Home
Cincinnati, OH 45238
2
2
1286 ft2
1950
3076 PALMER PL
Rent To Own
Burlington
Townhouse/Condo
Burlington, KY 41005
3
4
1500 ft2
2014
10126 LINCOLN RD
Rent To Own
Camp Dennison
Single Family Home
Camp Dennison, OH 45111
3
1
1296 ft2
1977
3167 SUMMITRUN DR
Rent To Own
 
Single Family Home
Independence, KY 41051
4
3
1833 ft2
2004
1 of 25 7117 CLAWSON RIDGE CT
Rent To Own
 
Single Family Home
Liberty Twp, OH 45011
6
3
3068 ft2
1992
1649 TULEY RD
Rent To Own
 
Single Family Home
Fairfield Township, OH 45015
3
1
738 ft2
1948
2336 QUEEN MARY LN
Rent To Own
 
Single Family Home
Hamilton, OH 45013
3
3
1948 ft2
1961
716 POPLAR ST
Rent To Own
East Hamilton
Single Family Home
Hamilton, OH 45011
3
1
1056 ft2
1920
6020 GOSHEN RD
Rent To Own
 
Single Family Home
Goshen, OH 45122
3
1
960 ft2
1959
8881 EVAN CT
Rent To Own
 
Single Family Home
Springboro, OH 45066
3
2
2578 ft2
1988
17 COBBLE STONE LN
Rent To Own
 
Single Family Home
Clarksville, OH 45113
4
3
2160 ft2
2020
1 of 23 920 Sunglow Ave
Rent To Own
Villa Hills
Multifamily (2 - 4 Units)
Villa Hills, KY 41017
4
2
1845 ft2
1961
Hot New
1 of 12 3140 WILLIS AVE
Rent To Own
Mount Lookout
Single Family Home
Cincinnati, OH 45208
2
2
1346 ft2
1915
Hot
1 of 35 4232 APPLETON ST
Rent To Own
Oakley
Multifamily (5+ Units)
Cincinnati, OH 45209
2
2
1520 ft2
1925
1 of 23 3390 WASSON RD APT B
Rent To Own
Oakley
Multifamily (2 - 4 Units)
Cincinnati, OH 45209
2
2
1333 ft2
2014
5300 Hamilton Ave 1000
Rent To Own
College Hill
Townhouse/Condo
Cincinnati, OH 45224
3
2
2103 ft2
1966
1 of 15 2204 grand
Rent To Own
South Fairmont
Multifamily (2 - 4 Units)
Cincinnati, OH 45204
2
2
1292 ft2
5249 CLEVES WARSAW PIKE
Rent To Own
Central Delhi
Single Family Home
Cincinnati, OH 45238
5
3
2046 ft2
1941
Hot
1 of 24 5731 EULA AVE
Rent To Own
Bridgetown North
Single Family Home
Cincinnati, OH 45248
4
3
1332 ft2
1953
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Rent to own Homes in Cities Near Cincinnati, OH

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Buying a Home in Cincinnati, OH

Cincinnati, OH is seeing rapid growth and Cincinnati, OH's' housing market remains optimal with an average home price that is -32% below the 2024 national average. Cincinnati, OH is part of Hamilton county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Hamilton is 1.53% which is above the national average, which is 0.99%.

Median Home Price in Cincinnati, OH

Median Rent in Cincinnati, OH

Rent to own homes offer low monthly payments and flexible terms.

Average Cost of Living in Cincinnati

Life in Cincinnati is very affordable. The city's overall cost of living is 2% higher than Ohio's average and 15.4% lower than the national average. These numbers are typical for the area but surprisingly good for a mid-sized city with so much to offer. Expenses are low in health, housing, and transportation, and close to - but below - average in other categories. Nearby Finneytown is 1% cheaper than Cincinnati, while Covedale is 2.9% higher.

Average Home Prices in Cincinnati

Real estate prices are exceptionally low in Cincinnati. The median cost of a home in the city is $144,300 - nearly $90,000 lower than the U.S. average of $231,200. Although the state average is slightly lower at $140,700, prices should be higher given its location near the river and the fact that it is a major financial hub for the region. You'll pay $137,900 on average for a house in Reading, but it is further north and away from the riverfront. In Delhi, which also runs along the Ohio River, the median home cost is $159,400. Cincinnati is an excellent city for people looking for a rent-to-own home.

Cincinnati Statistics

If you're interested in Cincinnati rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Cincinnati statistics compared to the U.S. national average.

Cincinnati Averages National Averages
One-Way Commute 22.6 minutes 26.4 minutes
Violent Crime 46.8 22.7
Property Crime 74.6 35.4
Unemployment Rate 4.8% 3.9%
Income Tax Rate 5.6% 4.6%
Air Quality 38 58
Water Quality 28 55
Median Household Income $34,002 $53,482
Median Property Taxes $2,800 $2,200
Utilities $130/month $112/month
Monthly Rent $710 $1,470
Median Home Cost $144,300 $231,200
Median Home Age 67 years 40 years

Popular Amenities and Attractions in Cincinnati

More than 25 million people visit Cincinnati on a typical year, spending billions of dollars that support the local economy. Tourists and residents enjoy the riverfront location for its views, water activities, recreation, and boating. You can come to watch the Reds and Bengals play and visit the revamped downtown, where you'll find loads of shops, dining options, hotels, theaters, performing arts centers, bars, a casino, and museums. You can travel around the downtown by foot, electric scooter or Cincy Red Bike rentals, local buses, or the public streetcar system. If you have your own car, you'll find plenty of parking on the streets or in one of the municipal garages throughout the downtown.

The recently built Smale Riverfront Park is a perfect example of how Cincinnati continues to improve its infrastructure. Located near the downtown, the area, which used to be a vacant piece of land, encompasses 45 acres along the Ohio River. The park includes picnic benches, playground equipment, several gardens, and an event area. During warmer weather, you can cool off in water jets that shoot up from the ground at Fath Fountain. You can walk or bike along the riverside trails, relax in the Labyrinth - a walking path made for peace and meditation - or sit on a bench and enjoy the river views.

Cincinnati has an impressive, stable history of being at the forefront of progression and creating a superb quality of life for its residents. People flocked to the city from its very beginning, and the municipal government continues to perform, making Cincinnati an excellent choice for anyone looking for a rent-to-own home.

Based on its past and present, Cincinnati will always be a pleasant, affordable, and welcoming place to live. The Queen City is an excellent choice if you're looking for a new place to call home.