Built-to-rent subdivisions are taking off: Here are today's top stories | Daily Briefing

Hi. I’m Randy Tucker. I cover housing for The Enquirer, and I know how tough it is out there for homebuyers. If you’ve been slapped in the face with the reality that you can’t afford to buy a home in today’s market, you might think your only option is to rent an apartment.

Not true.

An Ohio-based developer is building hundreds of houses in the Cincinnati area designed specifically for renters – with at least two bedrooms and two baths, attached garages and natural grass yards where their kids and dogs can play. These so-called built-to-rent apartment homes offer most of the benefits and none of the pain of traditional homeownership.

And as rising home prices and interest rates continue to push would-be homebuyers to the sidelines, developers say Cincinnati is ripe for expansion in the small but fast-growing built-to-rent sector.

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What else you need to know Wednesday, May 22

🌩️ Weather: High of 81. A thick cloud cover and warm; a passing morning shower followed by a strong thunderstorm in the afternoon.

🏘️ A $34 million project will add 69 new townhomes to City West near TQL Stadium.

🍴 Conquer Taste of Cincinnati like a pro with these 5 expert tips.

⚾ Moeller stays on top of Division I in final state baseball poll; six teams ranked.

🗳️ Vote: Greater Cincinnati, Northern Kentucky high school athlete of the week, May 20.

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