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Cincinnati city, OH

ZIP 45223 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 45223

Median Home Value
$203,800
Median Rent
$747
Affordability Snapshot
$56,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,309/mo PITI).

19%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 45223 in Cincinnati city, OH, a household would need roughly $56,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,309. That is about 19% above the local median household income ($46,930), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
44.1%-33% vs US avg
x
Vacancy Rate
10.8%+5% vs US avg
x
Broadband Access
86.2%-1% vs US avg
x
4+ Bedrooms
2.6%-82% vs US avg
x
Built Pre-1939
4.4%-66% vs US avg
x
Built Post-2014
1.1%-85% vs US avg
x
Rent Burden >30%
32.9%-34% vs US avg
x
Mortgage-Free
31.4%-18% vs US avg
x
$203,800
Home Value
$747
Rent
1943
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached49.8%
  • 1-unit attached1.3%
  • 2-9 units21.1%
  • 10+ units27.8%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$203,800
Median rent$747
Owner-occupied44.1%
Vacant10.8%
Price-to-income4.3x
Est. income to buy$56,000