The delivery schedule is expected to step down meaningfully in 2026, with completions projected to decline roughly 43% year over year. This reduction should ease lease-up overlap, support occupancy holding near 93.4%, and allow concessions to become more targeted rather than broad-based.
Cincinnati is projected to remain the rent-growth leader among major Ohio metros, with effective rents forecast to rise 2.1% year over year, again outpacing the projected national average of 1.5%. The primary driver is a meaningful step-down in new supply.
Stabilized occupancy in Cincinnati is projected to hover around 93.4%, remaining among the strongest in Ohio and trailing only Dayton (93.8%) and Akron (93.7%)—a clear reflection of the metro’s healthy supply-and-demand balance over the past several years.
Cincinnati enters 2026 with a stable operating backdrop supported by a steady, but mixed, employment picture and a supply cycle that is moving toward better balance...
