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Cincinnati city, OH

ZIP 45203 — 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 45203

Median Home Value
$296,100
Median Rent
$616
Affordability Snapshot
$82,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,902/mo PITI).

22%
Rent-to-Income Ratio

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

8.8x
Home Price-to-Income Ratio

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

40.1 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 45203 in Cincinnati city, OH, a household would need roughly $82,000 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 $1,902. That is about 143% above the local median household income ($33,798), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
32.8%-50% vs US avg
x
Vacancy Rate
7.0%-32% vs US avg
x
Broadband Access
76.2%-12% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
2.9%-78% vs US avg
x
Built Post-2014
1.6%-76% vs US avg
x
Rent Burden >30%
28.2%-43% vs US avg
x
Mortgage-Free
15.6%-59% vs US avg
x
$296,100
Home Value
$616
Rent
1979
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached10.1%
  • 1-unit attached25.9%
  • 2-9 units22.4%
  • 10+ units41.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$296,100
Median rent$616
Owner-occupied32.8%
Vacant7.0%
Price-to-income8.8x
Est. income to buy$82,000