Rental numbers for Butler County, OH
The typical home here runs -$1,040 a month at 7.78% with 25% down, breaking even at about 0.1%. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.0%.
- Gross yield
- 5.9%
- typical home, Zillow
- Median ZIP yield
- 6.0%
- 8 ZIPs with full data
- Cash flow
- -$1,040/mo
- at 7.78%, 25% down
- Typical price
- $317,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,559/mo
- Zillow ZORI, Aug 2026
ZIP codes in Butler County
12 with published figures
| 45015Hamilton | $182,000 | $1,414 | 9.3% | 5.4% | -$167 | n/a |
| 45067Trenton | $277,000 | $2,012 | 8.7% | 5.1% | -$315 | n/a |
| 45044Middletown | $266,000 | $1,527 | 6.9% | 3.1% | -$737 | +4.5% |
| 45062Seven Mile | $218,000 | $1,210* | 6.7% | 2.8% | -$662 | n/a |
| 45011Hamilton | $375,000 | $1,937 | 6.2% | 2.8% | -$1,137 | +1.8% |
| 45050Monroe | $356,000 | $1,800* | 6.1% | 2.7% | -$1,129 | n/a |
| 45013Hamilton | $274,000 | $1,308 | 5.7% | 2.4% | -$927 | +6.7% |
| 45014Fairfield | $286,000 | $1,336 | 5.6% | 2.2% | -$1,005 | +4.0% |
| 45069West Chester | $427,000 | $1,891 | 5.3% | 2.0% | -$1,584 | +2.7% |
| 45042Middletown | $251,000 | $995 | 4.8% | 1.4% | -$1,070 | +10.5% |
| 45056Oxford | $348,000 | $1,320* | 4.5% | 1.5% | -$1,430 | n/a |
| 45053Okeana | $465,000 | $1,280* | 3.3% | 0.6% | -$2,273 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.4%
- Rent, 12 months
- +3.0%
- Rent minus price growth
- -0.4 pts
- Property tax
- 1.21%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $241,692 | $1,195 |
| Aug 2022 | $272,466 | $1,350 |
| Aug 2023 | $282,453 | $1,395 |
| Aug 2024 | $296,435 | $1,466 |
| Aug 2025 | $306,442 | $1,514 |
| Aug 2026 | $316,725 | $1,559 |
HUD Fair Market Rent
FY2027, Cincinnati, OH-KY-IN HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,052 | $1,128 | $1,442 | $1,897 | $2,141 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 6.8
- 999 units, last 12 months
- National percentile
- 58th
- among US counties
Tools
Test a listing in Butler County against today's rate.
Open the calculatorPart of the Cincinnati, OH metro.
Questions
- Is Butler County good for rental property?
- The typical home here runs -$1,040 a month at 7.78% with 25% down, breaking even at about 0.1%. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.0%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Butler County?
- About 1.21% of value, from Census ACS median taxes paid over median home value. On a $317,000 home that is about $3,848 a year.
- What is Fair Market Rent in Butler County?
- HUD's FY2027 Fair Market Rent here is $1,128 for a 1-bedroom, $1,442 for a 2-bedroom and $1,897 for a 3-bedroom. Typical cash flow at today's rate is -$1,040 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.