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Cincinnati multifamily vacancy hits highest point in a decade

Record level of completions will likely keep vacancy elevated in 2025
Multifamily completions in Cincinnati hovered near an all-time high in 2024. Projects included the 327-unit Clocktower West Chester, pictured. (CoStar)
Multifamily completions in Cincinnati hovered near an all-time high in 2024. Projects included the 327-unit Clocktower West Chester, pictured. (CoStar)
CoStar Analytics
April 8, 2025 | 8:54 P.M.

Multifamily vacancy in Cincinnati hit its highest point in a decade thanks largely to a construction wave that has delivered thousands of new units to the market.

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