Hamilton, Ohio Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Hamilton, Ohio rental market.

Hamilton, Ohio

Average Apartment Rent

$1,317

Y-o-Y Change in Average
Apartment Rent

6.2%

As of May 2026

Compared to a year ago, Hamilton, Ohio apartments have recorded a 6.2% rent increase.

Hamilton, Ohio Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Hamilton $1,060 $1,118 $1,135 $1,128 $1,129 $1,156 $1,204 $1,230 $1,223
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Hamilton
National
Jul 2023
$1,060
$1,741
Nov 2023
$1,118
$1,732
Mar 2024
$1,135
$1,736
Jul 2024
$1,128
$1,756
Nov 2024
$1,129
$1,749
Mar 2025
$1,156
$1,755
Jul 2025
$1,204
$1,767
Nov 2025
$1,230
$1,753
Mar 2026
$1,223
$1,750

Hamilton, Ohio Average Apartment Rent

Hamilton, Ohio Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 39.93%, apartments priced $1,000 - $1,500 represent the bulk of Hamilton, Ohio rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 3.61%.

Hamilton, Ohio Housing tenure**

Renter occupied housing units 11,214
Owner occupied housing units 13,486

Renters take up 45% of Hamilton, Ohio real estate, occupying a total of 11,214 units, while homeowners live in 13,486 properties.

Median number of rooms of renter-occupied housing units**

4.6

Renter median household income**

$41,411

Average household size of renter-occupied housing units**

2.47

Rental vacancy rate**

4%

Hamilton, Ohio Renter-occupied housing units by no. of bedrooms**

No bedrooms 333
1 bed 2,487
2 beds 4,867
3 beds 2,857
4 beds 606
5 or more beds 64

There are 4,867 rentals in Hamilton, Ohio with 2 beds making up the highest share of the market, at 43%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 64 units. Overall, the median number of rooms in Hamilton, Ohio homes for rent is 4.6.

Hamilton, Ohio Renter-occupied units by age of householder**

15 - 24 years 1,000
25 - 34 years 2,737
35 - 44 years 2,032
45 - 54 years 1,583
55 - 59 years 1,188
60 - 64 years 711
65 - 74 years 1,509
75 - 84 years 371
85 years and over 83

Most condos for rent in Hamilton, Ohio are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Hamilton, Ohio Renter-occupied housing units by family type**

Family households 5,678
Non-Family Households 5,536

Hamilton, Ohio Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 3,763
No related children of the householder under 18 7,451

A total of 5,678 apartments for rent in Hamilton, Ohio, or 51% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 3,763 units. All in all, the median size of a renter-occupied household in Hamilton, Ohio is 2.47.

Hamilton, Ohio Renter-occupied housing units by educational attainment**

Less than high school graduate 1,568
High school graduate (including equivalency) 5,018
Some college or associate's degree 3,432
Bachelor's degree or higher 1,196

In terms of education, renters holding bachelor degrees or higher make up 11% of the rental market. In contrast, residents with less than a high school degree reside in 14% of the homes for rent in Hamilton, Ohio.

Hamilton, Ohio Renter-occupied units by year structure built**

Built 2010 - 2019 423
Built 2000 - 2009 868
Built 1990 - 1999 499
Built 1980 - 1989 800
Built 1970 - 1979 1,722
Built 1960 - 1969 1,058
Built 1950 - 1959 1,648
Built 1940 - 1949 1,170
Built 1939 or earlier 3,026

The highest share of Hamilton, Ohio apartment rentals, namely 27% or 3,026 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (15%, 1,722 units), and the ones Built 1950 - 1959 (15%, 1,648 units).

Hamilton, Ohio Renter-occupied units by year householder moved in**

Moved in 2021 or later 622
Moved in 2018 to 2020 3,499
Moved in 2010 to 2017 4,907
Moved in 2000 to 2009 1,549
Moved in 1990 to 1999 489
Moved in 1989 or earlier 148

Median year renter moved into unit 2016

Most Hamilton, Ohio renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Hamilton, Ohio condos for rent is 2016.

Hamilton, Ohio Renter-occupied housing units by vehicles available**

No vehicle available 1,761
1 vehicle available 5,207
2 vehicles available 3,163
3 vehicles available 761
4 vehicles available 155
5 or more vehicles available 167

When it comes to transportation options, 46% of Hamilton, Ohio renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 16% have No vehicle available.

Hamilton, Ohio Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 9,234
Car, truck, or van - carpooled 1,811
Public transportation (excluding taxicab) 100
Walked 410
Taxicab, motorcycle, bicycle, or other means 181
Worked at home 378

Hamilton, Ohio Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 22,380
Moved within same county 3,259
Moved from different county within same state 920
Moved from different state 344
Moved from abroad 290

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Hamilton, Ohio apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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