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RE Intelligence

Rental numbers for Hamilton County, OH

The typical home here runs -$853 a month at 7.78% with 25% down, breaking even at about 0.4%. 4 of 37 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%.

Gross yield
6.5%
typical home, Zillow
Median ZIP yield
6.1%
37 ZIPs with full data
Cash flow
-$853/mo
at 7.78%, 25% down
Typical price
$270,000
Zillow ZHVI, Aug 2026
Typical rent
$1,460/mo
Zillow ZORI, Aug 2026

ZIP codes in Hamilton County

49 with published figures

45204Cincinnati$129,000$1,51814.1%8.9%+$263n/a
45205Cincinnati$139,000$1,34811.7%6.6%+$16+2.2%
45214Cincinnati$138,000$1,30411.3%6.5%+$6+6.3%
45207Cincinnati$222,000$2,03711.0%7.3%+$154n/a
45225Cincinnati$115,000$1,030*10.8%6.5%-$1n/a
45001Addyston$134,000$1,040*9.3%4.2%-$255n/a
45216Cincinnati$158,000$1,200*9.1%5.0%-$194n/a
45231Cincinnati$215,000$1,5628.7%4.2%-$403+1.2%
45246Springdale$250,000$1,7438.3%4.4%-$439-0.7%
45251Cincinnati$220,000$1,5148.3%4.3%-$398n/a
45236Deer Park$287,000$1,9258.0%3.9%-$617-1.7%
45240Forest Park$246,000$1,5467.5%3.6%-$597+7.0%
45217Saint Bernard$206,000$1,2887.5%3.3%-$547n/a
45239Cincinnati$209,000$1,3057.5%3.5%-$523+5.0%
45223Cincinnati$217,000$1,3237.3%3.6%-$524+12.5%
45211Cincinnati$199,000$1,1947.2%3.2%-$546+4.7%
45237Cincinnati$201,000$1,1887.1%3.3%-$537-0.4%
45218Greenhills$230,000$1,340*7.0%2.5%-$750n/a
45215Lockland$236,000$1,3366.8%2.9%-$700+3.5%
45227Cincinnati$283,000$1,5636.6%2.9%-$846+4.4%
45232Cincinnati$177,000$980*6.6%2.6%-$566n/a
45206Cincinnati$253,000$1,3946.6%2.5%-$845+3.2%
45224Cincinnati$215,000$1,1536.4%2.5%-$712+3.8%
45248Mack North$260,000$1,370*6.3%2.6%-$830n/a
45219Cincinnati$268,000$1,3716.1%2.6%-$855+3.1%
45233Cincinnati$350,000$1,7456.0%2.3%-$1,216n/a
45212Norwood$254,000$1,2515.9%2.4%-$860+3.5%
45229Cincinnati$247,000$1,2175.9%2.3%-$857+4.1%
45255Cincinnati$356,000$1,6925.7%2.0%-$1,335n/a
45238Cincinnati$222,000$1,0525.7%1.8%-$856+2.9%
45213Cincinnati$300,000$1,3975.6%2.0%-$1,118+1.3%
45230Cincinnati$310,000$1,3845.4%1.6%-$1,259+2.3%
45030Harrison$322,000$1,400*5.2%1.8%-$1,246n/a
45202Cincinnati$381,000$1,6115.1%1.7%-$1,531+1.0%
45247Dent$326,000$1,3715.0%1.5%-$1,354n/a
45252Cincinnati$305,000$1,260*5.0%1.1%-$1,360n/a
45244Dry Run$405,000$1,6394.9%1.4%-$1,705+2.9%
45052North Bend$350,000$1,350*4.6%1.1%-$1,553n/a
45209Cincinnati$397,000$1,5344.6%1.1%-$1,780+1.5%
45226Cincinnati$461,000$1,7534.6%1.0%-$2,087n/a
45002Cleves$357,000$1,320*4.4%1.0%-$1,620n/a
45220Cincinnati$338,000$1,1924.2%0.8%-$1,607+2.2%
45241Sharonville$398,000$1,3744.2%1.0%-$1,797n/a
45242Montgomery$550,000$1,8794.1%0.9%-$2,558+1.1%
45203Cincinnati$349,000$1,120*3.9%0.4%-$1,766n/a
45243Madeira$755,000$2,3283.7%0.6%-$3,715n/a
45249Sixteen Mile Stand$599,000$1,6163.2%0.1%-$3,206-5.8%
45174Terrace Park$785,000$2,030*3.1%-0.1%-$4,303n/a
45208Cincinnati$628,000$1,4532.8%-0.6%-$3,697+5.0%

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+1.0%
Rent, 12 months
+2.4%
Rent minus price growth
+1.4 pts
Property tax
1.51%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$217,561$1,138
Aug 2022$238,923$1,264
Aug 2023$250,257$1,329
Aug 2024$262,933$1,387
Aug 2025$267,169$1,426
Aug 2026$269,765$1,460

HUD Fair Market Rent

FY2027, Cincinnati, OH-KY-IN HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 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
4.7
1,679 units, last 12 months
National percentile
47th
among US counties

Tools

Test a listing in Hamilton County against today's rate.

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Part of the Cincinnati, OH metro.

Questions

Is Hamilton County good for rental property?
The typical home here runs -$853 a month at 7.78% with 25% down, breaking even at about 0.4%. 4 of 37 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%. 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 Hamilton County?
About 1.51% of value, from Census ACS median taxes paid over median home value. On a $270,000 home that is about $4,073 a year.
What is Fair Market Rent in Hamilton 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 -$853 a month.

Sources and method

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.