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City Report · OH

Tipp City

Pop. 10,439·43rd most expensive in Ohio·Rental market data updated monthly for Tipp City, OH
Median rent (all units)
$1,653/mo
Year-over-Year
-3.9%
Month-over-Month
+3.4%
vs US Median
-$309
Rising (Monthly)
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Most AffordableMost Expensive
Tipp City · $1,653
More affordable than 65% of US cities · National median $1,962/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,653/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$66,000/yr
Local median income
$78,098/yr
Based on the 30%-of-income rule using Tipp City's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$840
1 BR
$910
2 BR
$1,160
3 BR
$1,500
4 BR+
$1,660
Fair Market Rent (HUD)
$1,160/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,653 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$19,836/yr
At $1,653/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-3.9% YoY, +3.4% MoM), not inventory.
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Demographics

Who lives here

Tipp City, OH is majority owner-occupied, has a large retiree population, 34% of residents hold a bachelor's degree or higher.

Population
10,439
Median income
$78,098
Median age
40.5
Renters
30.1%
Age distribution
22.3%
20.1%
26%
20.6%
Under 1822.3%
18–3420.1%
35–5426%
55–6411%
65+20.6%
Gender
45.6%
54.4%
Male45.6%
Female54.4%
Race & ethnicity
92.9%
White92.9%
Hispanic1%
Asian2.3%
Other3.5%
Education (25+)
28.7%
32.2%
34%
No HS diploma5.1%
HS diploma28.7%
Some college32.2%
Bachelor's+34%
Housing tenure
69.9%
30.1%
Owner69.9%
Renter30.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Tipp City, OH has changed in 5 years

Income
$68,943 → $78,098
up 13.3%
Population
10,202 → 10,439
up 2.3%
Renter share
29.1% → 30.1%
+1.0 pts
Bachelor's+
34.9% → 34%
-0.9 pts

Census figures show median household income at $78,098 today, compared with $68,943 five years earlier. The population has grown by 2.3% since 2021, moving from about 10,202 residents to roughly 10,439.

Community

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View Tipp City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Tipp City on your salary?

At $1,653/mo, how Tipp City rent compares to typical pay (30% rule).

By apartment size

Tipp City rent by bedroom count

Median rent for each apartment size in Tipp City. Click any size for full breakdown.

Local insights

Tips for renters in Tipp City

About renting in Tipp City, OH

Last updated: August 17, 2026

The median rent in Tipp City is $1,653/mo as of August 2026. A studio apartment averages $840/mo while a 2-bedroom runs $1,160/mo. One-bedroom apartments average $910/mo and 3-bedroom units go for $1,500/mo.

At 25% of local median household income ($78,098/yr), Tipp City ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.9% over the past year.

FAQ

Frequently asked questions

Is Tipp City an affordable city for renters?

Tipp City is considered affordable for renters. At $1,653/mo, rent takes approximately 25% of the local median household income ($78,098/yr). The standard benchmark is 30%. Tipp City falls comfortably within that range.

How much income do you need to rent in Tipp City?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,653/mo in Tipp City. The local median household income is $78,098/yr, meaning the typical Tipp City household meets that threshold.

Is rent going up or down in Tipp City?

Rent in Tipp City has decreased 3.9% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Tipp City rent compare to other cities in Ohio?

Tipp City is middle-of-the-pack for Ohio for rent, ranking #43 out of 124 tracked cities at $1,653/mo.

Which nearby cities are cheaper to rent in than Tipp City?

Several nearby cities have lower median rents than Tipp City ($1,653/mo): Shiloh ($1,105/mo), Vandalia ($1,190/mo), Dayton ($1,245/mo).

What percentage of Tipp City residents rent vs. own?

According to Census data, approximately 30.1% of Tipp City households are renters, while 69.9% are owner-occupied. Tipp City leans toward homeownership, which can mean a smaller rental inventory.

How does Tipp City rent compare to the national average?

Tipp City's median rent of $1,653/mo is $309 (16%) below the US national median of $1,962/mo. Within Ohio, it ranks #43 out of 124 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,653/mo, rent takes ~25% of Tipp City's median household income ($78,098/yr). The standard benchmark is 30%.

Tipp City 25%Benchmark 30%
State income tax2.75–3.5%
Run the Tipp City affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Tipp City, OH

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