Real Estate Investing in Montgomery, Ohio

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1 ZIP codes • Population: 22,253 • Hamilton County

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Should you buy in Montgomery, OH? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Montgomery, OH?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $552,746
Avg Monthly Rent $1,934
ZIP Codes 1

Investing in Montgomery Real Estate

Across Montgomery's 1 ZIPs, the picture is tepid: $553K median values, $1,934/mo rents, and a population that has faced real economic pressure.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Montgomery is in that category.

Market conditions in Montgomery are thin. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Montgomery's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Cincinnati, OH-KY-IN

Montgomery is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Hamilton County

Manage rentals here? List your business →

Associa RPM provides comprehensive HOA and condominium management services in the greater Columbus, Dublin, Cincinnati, and Dayton areas of Ohio. summary from their website

HOA
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Gaslight Property offers apartments for rent in Clifton, near UC. summary from their website

Small multifamily
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SBS Property Management provides management, maintenance, inspections, finances, and communications for Condominium and Homeowner Associations across Ohio. summary from their website

HOA
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$552,746
Avg Monthly Rent
$1,934
1% Rule
✗ Below
Landlord Friendly (OH)

ZIP Codes in Montgomery, OH

Screen every ZIP in Montgomery

Filter Montgomery’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Montgomery, OH

Are landlord laws favorable in Montgomery, OH?

Montgomery, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

Are renters plentiful in Montgomery, OH?

Expect a solid tenant pool in Montgomery, OH. The rental market absorbs $1,934/mo rents without meaningful friction.

How do home values compare in Montgomery, OH?

The median home value in Montgomery, OH is roughly $553K. That puts it reasonable relative to the OH statewide average.

What type of investing works in Montgomery, OH?

In Montgomery, OH the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $553K prices and $1,934/mo rents suits that approach.

Is Montgomery, OH a smart market for rental property?

Yes - Montgomery, OH a 3.0/5 investability score. With $553K home prices against $1,934/mo monthly rent, the market delivers a reasonable entry point for new investors.

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