Rental numbers for the Springfield, OH metro
The typical home here runs -$528 a month at 7.78% with 25% down, breaking even at about 2.0%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 9.3%.
- Gross yield
- 7.1%
- typical home, Zillow
- Median ZIP yield
- 9.3%
- 2 ZIPs with full data
- Cash flow
- -$528/mo
- at 7.78%, 25% down
- Typical price
- $202,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,197/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
13 with published figures
| 45506Springfield | $116,000 | $1,120* | 11.6% | 6.8% | +$29 | n/a |
| 45372Tremont City | $125,000 | $1,120* | 10.8% | 6.5% | -$1 | n/a |
| 45349Springfield | $192,000 | $1,660* | 10.4% | 6.3% | -$32 | n/a |
| 45505Springfield | $131,000 | $1,108 | 10.1% | 5.5% | -$104 | n/a |
| 45503Springfield | $195,000 | $1,386 | 8.5% | 4.6% | -$296 | n/a |
| 43010Catawba | $190,000 | $1,250* | 7.9% | 4.2% | -$356 | n/a |
| 45341Medway | $185,000 | $1,090* | 7.1% | 3.3% | -$497 | n/a |
| 45504Springfield | $216,000 | $1,150* | 6.4% | 2.7% | -$680 | n/a |
| 45344New Carlisle | $219,000 | $1,060* | 5.8% | 2.1% | -$792 | n/a |
| 45323Enon | $243,000 | $1,030* | 5.1% | 1.4% | -$1,032 | n/a |
| 45502Springfield | $315,000 | $1,220* | 4.7% | 1.4% | -$1,342 | n/a |
| 45369South Vienna | $312,000 | $1,120* | 4.3% | 1.1% | -$1,405 | n/a |
| 45368South Charleston | $273,000 | $970* | 4.3% | 1.3% | -$1,189 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.7%
- Rent, 12 months
- +8.6%
- Rent minus price growth
- +4.9 pts
- Property tax
- 1.22%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $146,776 | n/a |
| Aug 2022 | $162,637 | $868 |
| Aug 2023 | $171,365 | $950 |
| Aug 2024 | $186,050 | $1,051 |
| Aug 2025 | $194,902 | $1,102 |
| Aug 2026 | $202,115 | $1,197 |
Counties
- Clark County, OH9.3% median yield
Tools
Questions
- Is the Springfield, OH metro good for rental property?
- The typical home here runs -$528 a month at 7.78% with 25% down, breaking even at about 2.0%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 9.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Springfield, OH metro have the highest rental yield?
- 45505 (Springfield) at 10.1%, 45503 (Springfield) at 8.5%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.