Midwest Cities Thrive in the Housing Market

Early in January, Zillow released the top 10 hottest housing markets for 2024. Many factors were considered, including the average cost of a house, city job growth, expected home value appreciation, and the speed at which homes are selling. Midwestern cities, namely Cincinnati, Indianapolis, and Cleveland, took top spots on Zillow’s ranking, surpassing Atlanta, Orlando, and several other notable markets.

Why Is the Midwest On the Rise?

Some may be shocked to see that Midwest cities in Ohio and Indianapolis have some of the hottest housing markets. According to Zillow, affordability was a key factor in growing housing markets, as cities like Cleveland, Columbus, and Cincinnati “give young hopefuls a real shot at buying and starting to build equity.” Several of these midwest cities have also been experiencing rapid job growth, according to Zillow. 

Top Housing Markets To Watch in the Midwest

Cincinnati’s Booming Real Estate Market

Ranked number two on Zillow’s list of growing housing markets, Cincinnati has everything a potential resident could want. It has culture, community, and a robust housing market. The city’s rental market is also growing, according to RentCafe, which found Cincinnati to be the 13th most competitive market in the country. Many people move to Cincinnati for its affordable houses, readily available jobs, great schools, and unique cuisine.

If you’re considering a move to Cincinnati, you’re in luck. HILLS Properties operates several apartments in Cincinnati. Consider Vantage at Anderson Towne Center, our newest luxury apartment community near East End, Cincinnati. There, you’ll find stylish apartment homes and next-level amenities like a speakeasy, private fitness pods, and an infinity pool. 

We’re also excited to bring our luxury mid-rise style community, Graphite Oakley, to the Oakley neighborhood. Preleasing is underway, and we eagerly anticipate welcoming our first residents home later this year. We also offer several more Ohio apartments so you can find your perfect fit.

Indianapolis: Growing Midwest City

Known for its world-renowned museums and sports culture, Indianapolis boasts an up-and-coming housing market, fetching the number four slot on Zillow’s list. According to Zillow, the average home in Indianapolis sold for over $70,000 less than the average home in the U.S. Indianapolis’s average monthly rent was also around $500 cheaper than the U.S. average. 

Find your new home in Indianapolis with HILLS. We offer two apartment communities near Indianapolis, including Wellington Place Apartments in Fishers, IN, and Emerald Lakes Apartments in Greenwood, IN. Both of our Indiana luxury apartment communities offer a pool, fitness center, on-site dog park, and several more upscale amenities.

Find Your Next Cincinnati or Indianapolis Apartment With HILLS

HILLS Properties offers high-quality apartments distinguished by top-notch amenities and excellent residence staff. Browse our apartments in Ohio and our Indianapolis apartments today and find your next home in one of the Midwest’s most rapidly growing cities. If you have any questions about our apartment communities, feel free to contact us online or give us a call. You can find a phone number for each of our apartment communities near the top of their respective pages.