Real Estate Investing in Cincinnati, Ohio (45220)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45220 (Cincinnati, OH)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.5% vacancy may signal weakening demand.
What’s happening in Cincinnati, OH (45220)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45220 Cincinnati
Not every below-median market is a bargain. Cincinnati's 45220 ZIP reports signals that favor experienced operators who can absorb the risk $337K pricing implies.
The 45220 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 45220 and stronger Cincinnati ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 45220 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 45220 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Cincinnati:
Property Strategy for 45220
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $165,969 | $1,390 | 6.0% | +7.2% | $82,985 |
| 3BR | $319,931 | $1,830 | 4.1% | +7.1% | $106,644 |
| 4BR | $507,784 | $2,030 | 2.9% | +7.7% | $126,946 |
| 5BR | $631,252 | — | — | +8.1% | $126,250 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 45220 Compare?
| Metric | 45220 | Cincinnati | Cincinnati, OH-KY-IN | Ohio |
|---|---|---|---|---|
| Home Value | $336,512 | $262,113 | N/A | $237,530 |
| 5-Year CAGR | 4.6% | 4.8% | N/A | 7.4% |
| Avg Rent | $1,280 | $1,409 | N/A | - |
| Cap Rate | 3.0% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 45220 (Cincinnati, OH). Anonymous, moderated, never written by AI.
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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
Gaslight Property offers apartments for rent in Clifton, near UC. summary from their website
SBS Property Management provides management, maintenance, inspections, finances, and communications for Condominium and Homeowner Associations across Ohio. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $336,512 |
| Monthly Rent | $1,280 |
| Price-to-Rent | 21.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 45220
Population: 14,636
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 45220
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Spencer Center for Gifted and Exceptional Students
Frederick Douglass School
St Bernard-Elmwood Place Elementary School
Academy Of World Languages School
Roberts Academy
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,641 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Cincinnati, OH?
Median home price in Cincinnati, OH is near $337K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
Where do rents currently stand in Cincinnati, OH?
Cincinnati, OH rentals go for roughly $1,280/mo a month. That puts gross yield in solid territory relative to $337K acquisition costs.
Is the tenant base reliable in Cincinnati, OH?
Cincinnati, OH draws a reliable base of working renters. Demand at the $1,280/mo rent level is reasonable for standard single-family and small multi rentals.
What is the best play in Cincinnati, OH?
Investors usually favor careful cash-flow rentals with hands-on management in Cincinnati, OH. With home values at $337K and rents near $1,280/mo, other strategies can work but produce steady rather than outsized returns.
What is it like being a landlord in Cincinnati, OH?
Cincinnati, OH operates under OH law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
You know 45220 now. You don’t know where it ranks.
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How 45220 ranks in Cincinnati, OH-KY-IN
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