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City Report · OH

Kenwood

Pop. 8,326·6th most expensive in Ohio·Rental market data updated monthly for Kenwood, OH
Median rent (all units)
$2,342/mo
Year-over-Year
Stable
Month-over-Month
-9.4%
vs US Median
+$377
Falling (Monthly)
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Most AffordableMost Expensive
Kenwood · $2,342
More expensive than 74% of US cities · National median $1,965/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $2,342/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$94,000/yr
Local median income
$110,212/yr
Based on the 30%-of-income rule using Kenwood's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$947
1 BR
$1,367
2 BR
$2,086
3 BR
$2,274
4 BR+
$3,501
Research median
$2,086/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$28,104/yr
At $2,342/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -9.4% MoM), not inventory.
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Demographics

Who lives here

Kenwood, OH is majority owner-occupied, has a large retiree population, has a median income above the national average, 69.9% of residents hold a bachelor's degree or higher.

Population
8,326
Median income
$110,212
Median age
42.5
Renters
38.3%
Age distribution
23.1%
15.3%
23.8%
13.2%
24.7%
Under 1823.1%
18–3415.3%
35–5423.8%
55–6413.2%
65+24.7%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
66%
13.3%
White66%
Black8.1%
Hispanic13.3%
Asian9.2%
Other3.4%
Education (25+)
12.6%
14.8%
69.9%
No HS diploma2.7%
HS diploma12.6%
Some college14.8%
Bachelor's+69.9%
Housing tenure
61.7%
38.3%
Owner61.7%
Renter38.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Kenwood, OH has changed in 5 years

Income
$95,590 → $110,212
up 15.3%
Population
8,143 → 8,326
up 2.2%
Renter share
32.6% → 38.3%
+5.7 pts
Bachelor's+
65.8% → 69.9%
+4.1 pts

Median household income grew from $95,590 to $110,212 between 2021 and 2024, a 15.3% shift. Headcount in the area went from 8,143 to 8,326 between 2021 and 2024, a 2.2% change. About 38.3% of households rent today, against 32.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 65.8% to 69.9%.

Community

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View Kenwood rent history (2015–2026) →
Salary vs rent

Can you afford rent in Kenwood on your salary?

At $2,342/mo, how Kenwood rent compares to typical pay (30% rule).

By apartment size

Kenwood rent by bedroom count

Median rent for each apartment size in Kenwood. Click any size for full breakdown.

Local insights

Tips for renters in Kenwood

About renting in Kenwood, OH

Last updated: July 20, 2026

The median rent in Kenwood is $2,342/mo as of July 2026. A studio apartment averages $947/mo while a 2-bedroom runs $2,086/mo. One-bedroom apartments average $1,367/mo and 3-bedroom units go for $2,274/mo.

At 25% of local median household income ($110,212/yr), Kenwood ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Kenwood an affordable city for renters?

Kenwood is considered affordable for renters. At $2,342/mo, rent takes approximately 25% of the local median household income ($110,212/yr). The standard benchmark is 30%. Kenwood falls comfortably within that range.

How much income do you need to rent in Kenwood?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (~$45/hour full-time) to afford the median rent of $2,342/mo in Kenwood. The local median household income is $110,212/yr, meaning the typical Kenwood household meets that threshold.

Is rent going up or down in Kenwood?

Rent in Kenwood has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Kenwood rent compare to other cities in Ohio?

Kenwood is one of the pricier cities in Ohio for rent, ranking #6 out of 128 tracked cities at $2,342/mo.

Which nearby cities are cheaper to rent in than Kenwood?

Several nearby cities have lower median rents than Kenwood ($2,342/mo): Silverton ($1,390/mo), Sharonville ($1,628/mo), Sixteen Mile Stand ($1,674/mo).

What percentage of Kenwood residents rent vs. own?

According to Census data, approximately 38.3% of Kenwood households are renters, while 61.7% are owner-occupied. Kenwood leans toward homeownership, which can mean a smaller rental inventory.

How does Kenwood rent compare to the national average?

Kenwood's median rent of $2,342/mo is $377 (19%) above the US national median of $1,965/mo. Within Ohio, it ranks #6 out of 128 tracked cities.
Income Affordability
25%
AFFORDABLE

At $2,342/mo, rent takes ~25% of Kenwood's median household income ($110,212/yr). The standard benchmark is 30%.

Kenwood 25%Benchmark 30%
State income tax2.75–3.5%
Run the Kenwood affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Kenwood, OH

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