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Cincinnati city, OH

ZIP 45229 — Housing & Real Estate

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

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 45229

Median Home Value
$316,000
Median Rent
$692
Affordability Snapshot
$87,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,030/mo PITI).

27%
Rent-to-Income Ratio

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

10.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

38.1 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 45229 in Cincinnati city, OH, a household would need roughly $87,000 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 $2,030. That is about 182% above the local median household income ($30,829), 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 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
28.8%-56% vs US avg
x
Vacancy Rate
13.6%+32% vs US avg
x
Broadband Access
83.5%-4% vs US avg
x
4+ Bedrooms
10.5%-29% vs US avg
x
Built Pre-1939
9.2%-28% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
40.5%-18% vs US avg
x
Mortgage-Free
32.3%-15% vs US avg
x
$316,000
Home Value
$692
Rent
1944
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 detached24.2%
  • 1-unit attached3.0%
  • 2-9 units35.4%
  • 10+ units37.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$316,000
Median rent$692
Owner-occupied28.8%
Vacant13.6%
Price-to-income10.3x
Est. income to buy$87,000