Ultimate Cincinnati, Ohio neighborhood guide in 2024

[Shaan Puri]

Hey everyone,

I've been diving deep into Cincinnati, scouting out some MTR/LTR opportunities. With the number of neighborhoods out there, it's easy to get swamped, right?

I decided to create a guide to help us out. Pulled together info from the latest BiggerPocket posts (2021 - 2023) and a bunch of other places.

Oh, and a heads-up - I got some help from ChatGPT on this, so if you spot any gaps or something that doesn't quite add up, give me a shout. We all know AI isn't perfect.

Eager to hear what y'all think

Evanston

• Close to Interstate I-71, part of East Side neighborhoods.
• Known for a higher likelihood of appreciation with less cash flow.
• Interest in large 5-bedroom homes needing renovation.

Norwood

• "The gem of the highlands."
• Near Rookwood, Oakley, and downtown.
• Experiencing new developments.
• Close to I-71, favored for value appreciation.
• Grade: B Class

Madisonville

• Between Mariemont and Oakley.
• Growth in residential and commercial sectors.
• Changing landscape with more developments.
• Part of East Side, known for appreciation potential.
• Grade: Later-Stage Gentrification

Pleasant Ridge

• Arts district, diverse community.
• Traditional feel with gaslight streets.
• Smaller, often rented single-family homes.
• Part of East Side, appreciated for potential value increase.
• Grade: Not specified

Deer Park

• Along I-71, quick access to Cincinnati.
• Business development including new breweries.
• Part of East Side, chosen for appreciation potential.
• Grade: Later-Stage Gentrification

Madeira

• Close to I-71, part of East Side's desirable neighborhoods.
• Balance of appreciating property values and quality living.
• Grade: Not specified

Kenwood

• Proximity to I-71, part of East Side's investment areas.
• Known for property appreciation potential and quality living.
• Grade: Not specified

Camp Washington

• 19th-century architecture, near downtown and uptown.
• Arts community presence, major apartment redevelopments.
• Attracts white-collar Millennial and Gen Z renters.
• Investment returns vary by specific location.
• Expected significant growth in the next five years.
• Grade: Not specified

Downtown Neighborhoods (Business District, Pendleton, OTR, Mt. Adams)

• High-end investment areas, suitable for short-term rentals.
• Cash flow covers expenses, lower CoC return.
• Grade: Not specified for individual neighborhoods

Over-The-Rhine (OTR)

• Revitalized, much safer than before.
• LGBT+ friendly, entertainment district.
• Median home prices at $304,900.
• Attracts young individuals.
• Grade: A Class

Hyde Park

• Affluent area, homes over $1,000,000.
• Hyde Park Square with over 150 shops.
• Safe, preferred by older families and retirees.
• Grade: A Class

Mount Lookout

• Favored by young professionals.
• Small homes, townhomes, and apartments.
• Mount Lookout Tavern, a local hangout.
• Green spaces, safe suburb.
• Grade: Not specified

Mount Adams

• City views, small homes, slim streets.
• Median home values around $465,000.
• European-style architecture.
• Suited for young professionals.
• Grade: A Class

Indian Hill

• Wealthiest Cincinnati suburb.
• Mansions on large lots, homes range $1,000,000 to $4,000,000.
• Ideal for raising older children.
• Grade: Not specified

West Chester

• Family-friendly and affordable.
• Homes range $200,000-$300,000.
• EnterTRAINment Junction and many parks.
• Excellent schools.
• Grade: Not specified

Downtown Cincinnati

• Urban living, apartments and townhomes $100,000-$250,000.
• Rent around $1,150 per month.
• Artsy and trendy, mixed professional population.
• Higher crime rates than other neighborhoods.
• Grade: Not specified

West Side Neighborhoods (College Hill, Westwood)

• C,D class areas, higher cash flow.
• Affordable 3-4 bedroom homes between $100k-$150k.
• Up and coming areas with investor interest.
• Grade: C/D Class