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The Mercantile Apartments apartments in Cincinnati, OH

Updated

The Mercantile Apartments

414 Walnut St, Cincinnati, OH 45202, USA

Live pricing, refreshed

13
Units Listed
$1,525
Starting at
$2,421
Average
$5,395
Highest
$2.72
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Walnut Hills rent trends

Beds

Pricing by Bedroom

Studio
$1,567
from $1,525 · 3 units
~538 sqft avg
1 Bed
$2,112
from $1,655 · 7 units
~834 sqft avg
2 Bed
$3,995
from $3,240 · 3 units
~1,367 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (1)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$4,195/mo

from 2 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$2,098

vs $2,421 current asking ($323 negotiation gap)

Recent Lease Activity

15 units tracked; 2 assumed leased, 13 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

13

Moderate availability

13 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

13 units
Studio Studio - 518 sqft
$1,525/mo
518 ft² · $2.94/ft²
Studio Studio - 563 sqft
$1,565/mo
563 ft² · $2.78/ft²
Studio Studio - 534 sqft
$1,610/mo
534 ft² · $3.01/ft²
1 Bed 1BR - 573 sqft
$1,655/mo
573 ft² · $2.89/ft²
Down $70 since Jul 29 (was $1,725)
1 Bed 1BR - 704 sqft
$1,990/mo
704 ft² · $2.83/ft²
1 Bed 1BR - 815 sqft
$2,055/mo
815 ft² · $2.52/ft²
1 Bed 1BR - 808 sqft
$2,080/mo
808 ft² · $2.57/ft²
Up $40 since Aug 23 (was $2,040)
1 Bed 1BR - 930 sqft
$2,190/mo
930 ft² · $2.35/ft²
1 Bed 1BR - 928 sqft
$2,240/mo
928 ft² · $2.41/ft²
Up $10 since Aug 8 (was $2,230)
1 Bed 1BR - 1078 sqft
$2,575/mo
1,078 ft² · $2.39/ft²
Up $75 since Aug 5 (was $2,500)

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Cincinnati, OH notes

No resident notes for this property yet.

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