Rent is higher than in 76% of U.S. cities. A typical house costs about 3.1 years of household income. It is a highly educated city: 69.9% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $87,840 a year. That is $42 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
No. Rent here is more expensive than in most of Ohio. It is number 273 of 288 cities from cheapest to most expensive.
How much do households earn in Kenwood?
Share of households by yearly income. 42.7% of households earn $100,000 or more.
Rent by apartment size in Kenwood
| Size | Kenwood | U.S. average |
|---|---|---|
| Studio | $1,047 | $1,338 |
| 1 bedroom | $1,512 | $1,324 |
| 2 bedrooms | $2,307 | $1,509 |
| 3 bedrooms | $2,515 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Kenwood overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Kenwood, so the Ohio figure is shown.
Taxes and bills in Kenwood
Life in Kenwood
Is it cheaper to rent or buy in Kenwood?
Renting is cheaper right now: about $368 a month less.
Owning assumes a typical $369,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,950 for the down payment.
Frequently asked questions
What is the average rent in Kenwood, OH?
Renting in Kenwood costs a median of about $2,196 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Kenwood?
To keep rent under 30% of income, you need about $87,840 a year, or $42 an hour at a full-time job.
Is Kenwood cheap or expensive?
Kenwood is rated OK: rent takes 22.2% of the typical household income of $118,864. It ranks 273rd cheapest of 288 Ohio cities we track.
How much are property taxes in Kenwood?
The median homeowner in Kenwood pays $5,179 a year in property taxes, about 1.40% of the median home value.
Is Kenwood more expensive than the national average?
Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Kenwood?
The median home value in Kenwood is $369,500, about 3.1 times the typical yearly household income.
8,326 people live in Kenwood. Numbers are typical (middle) values.