Cheap Apartments for Rent in the Downtown Cincinnati Neighborhood of Cincinnati, OH from $300 (286 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Cincinnati area of Cincinnati.

Cincinnati's Best Affordable Neighborhoods

Learn about Cincinnati and the best places to live with original content written by our Cincinnati, OH Local Expert Joey Hoelscher

property at 2802 Digby Ave

2802 Digby Ave

CincinnatiOH45220
property at 2431 Ohio Ave

2431 Ohio Ave

CincinnatiOH45219

Downtown Cincinnati, Cincinnati, OH Local Guide

Cheapest Available Downtown Cincinnati Apartments for Rent

 

The cheapest available apartment rental in the Downtown Cincinnati area of Cincinnati, OH is a Studio unit found at Straight Street Apartments priced from $695. The Jonathan has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Downtown Cincinnati apartments for rent in Cincinnati, OH:

Apartment ListingModel NameBed/BathPriced From
Straight Street ApartmentsStudio 1 bathStudio,1BA$695
The JonathanStudio1BR,1BA$695
709 S Fred Shuttlesworth Cir1 Bed 1 Bath1BR,1BA$699
La Ventura ApartmentsStudioStudio,1BA$700
Mont Michel ApartmentsLegacy One Bedroom1BR,1BA$720
Dover Heights"The Five" Premium Renovated One Bedroom1BR,1BA$725
The Arts Apartments at Music Hall2 Bedrooms2BR,1BA$730
Clifton View1 Bedroom 1 Bath1BR,1BA$745
The AdmiralStudioStudio,1BA$750

Best Value Apartments for Rent in Downtown Cincinnati, OH

As of March 27, 2025 the best value apartment in the Downtown Cincinnati area is the $0.68 price per square foot 2303 Kenton St Model at 2303 Kenton St, Unit #2 in the in the Mount Auburn neighborhood starting from $1,500. The second greatest value Downtown Cincinnati apartment is the 474 Dayton St Model at 474 Dayton St, Unit 1 starting at $1,300 with a $0.65 price per square foot in the Queensgate neighborhood. Here is today’s list of the best values for Downtown Cincinnati apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2303 Kenton St, Unit #22303 Kenton St3BR,1BA$0.68
474 Dayton St, Unit 1474 Dayton St1BR,1BA$0.65
50 E McMicken Ave2 Bed 2 Bath2BR,2BA$1.13
2326 Ashland Ave, Unit Ashland #32326 Ashland Ave2BR,1.5BA$1.00
3943 King Pl, Unit Floor 23943 King Pl2BR,1BA$1.12
709 S Fred Shuttlesworth Cir1 Bed 1 Bath1BR,1BA$0.56
Hub Cincinnati2x2 K (4x2 Lite)4BR,2BA$0.94
Clinton Springs Quad Apartments1 bed / 1 bath1BR,1BA$1.03
3449 McHenry Ave, Unit 113449 McHenry Ave1BR,1BA$0.97
The Arts Apartments at Music Hall2 Bedrooms2BR,1BA$1.06

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Cincinnati, Cincinnati, OH

Ranked #1

Among neighborhoods in Cincinnati, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team is happy to bring you Lifestyle Ratings of rentals in cities and towns across the United States, including Cincinnati. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, family-friendliness, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Cincinnati Apartments

What is a cheap apartment in Downtown Cincinnati?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Cincinnati is under $750.

What is the price of a cheap apartment in Downtown Cincinnati?

The cheapest apartment in Downtown Cincinnati is The Jonathan which is listed at $695, while the average apartment in Downtown Cincinnati costs $5,095.

What types of apartments are the cheapest in Downtown Cincinnati?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 195 regular apartments in Downtown Cincinnati that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Cincinnati?

Cheap apartments in Downtown Cincinnati have an average cost of $392 which is $4,703 cheaper than the average rent for all rentals in Downtown Cincinnati.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The 10 Best Affordable Neighborhoods in Cincinnati, OH article

The 10 Best Affordable Neighborhoods in Cincinnati, OH

Written by: Joey Hoelscher

Cincinnati is a unique Midwest city thanks to its riverfront downtown core, unique terrain, and a surprising amount of 1800s urban architecture not commonly seen west of the East Coast.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.