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Lima city, OH

ZIP 45804 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 45804

Median Home Value
$96,100
Median Rent
$565
Affordability Snapshot
$26,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$617/mo PITI).

16%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.2 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 45804 in Lima city, OH, a household would need roughly $26,000 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 $617. That sits below the local median household income ($42,594), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
57.3%-12% vs US avg
x
Vacancy Rate
16.5%+60% vs US avg
x
Broadband Access
87.3%+0% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
7.8%-39% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
19.8%-60% vs US avg
x
Mortgage-Free
57.5%+50% vs US avg
x
$96,100
Home Value
$565
Rent
1958
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached73.0%
  • 1-unit attached3.1%
  • 2-9 units7.4%
  • 10+ units7.1%
  • Mobile home & other9.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$96,100
Median rent$565
Owner-occupied57.3%
Vacant16.5%
Price-to-income2.3x
Est. income to buy$26,000