A family was assigned to Cincinnati. With two kids, they initially looked for a 3-bedroom. However, after reviewing their budget, they revised their plans.

The average rent for a 3-bedroom in Cincinnati is $1,964. The area is about 1,335 square feet. As the number of rooms increases, so does the financial burden.

So, they also considered 2-bedrooms. The average rent is $1,548, with an area of 975 square feet. This is over $400 cheaper than a 3-bedroom. The two kids can share one room, which is a sufficient size.

Ultimately, the family decided on a 2-bedroom. They first considered the school district and commute distance, then chose a type that fit their budget within that area. They changed the order of their priorities.

Let's also look at 1-bedrooms. The average rent is $1,293, with an area of 693 square feet. This type is mainly sought after by single professionals or newlyweds. Cincinnati has a relatively high supply of this type.

Studios average $1,137, with an area of 469 square feet. They are mainly chosen by single tenants near downtown or college areas. The lower rent burden is a significant advantage.

Looking at the supply trends, recent new constructions are concentrated in 1-bedrooms and 2-bedrooms. This is because these types have a good turnover rate for developers. There are relatively fewer 3-bedrooms available. Especially, newly built 3-bedrooms go quickly as soon as they are listed.

To summarize the rent gaps: there is a $156 difference from studio to 1-bedroom, a $255 difference from 1-bedroom to 2-bedroom, and a $416 difference from 2-bedroom to 3-bedroom. The gap increases as the number of rooms grows.

If you are a Korean household, you might find this family's order of priorities helpful. First, determine the desired school district and neighborhood, then find a unit type that fits your budget within that area. Rather than insisting on a 3-bedroom from the start, it's advisable to keep 2-bedrooms as an option for comparison.

• Studio: $1,137, 469 square feet
• 1-bedroom: $1,293, 693 square feet
• 2-bedroom: $1,548, 975 square feet
• 3-bedroom: $1,964, 1,335 square feet