ZIP Code · OH

ZIP 45065

Part of South Lebanon, OH

Pop. 7,053·Warren County·6th most expensive ZIP in Ohio

Median rent (all units)

$2,096/mo

Year-over-Year

Stable

Month-over-Month

-0.4%

vs US Median

+$164

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 45065 · $2,096

More expensive than 66% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,250

1 BR

$1,380

2 BR

$1,770

3 BR

$2,340

4 BR+

$2,590

Research median

$1,770/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($104,795) is $2,620 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,590).

Cheaper nearby

ZIP 45140, 8 miles away, rents for 17% less ($1,739/mo), about $4,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 45065. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$25,152/yr

At $2,096/mo median

Location

CitySouth Lebanon

StateOH

CountyWarren County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, -0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 45065 (South Lebanon, OH) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 39.8% of residents hold a bachelor's degree or higher.

Population

7,053

Median income

$104,795

Median age

Renters

25.9%

Age distribution

28.5%

21.6%

26.6%

14.8%

Under 1828.5%

18–3421.6%

35–5426.6%

55–6414.8%

65+8.6%

Gender

50.5%

49.5%

Male50.5%

Female49.5%

Race & ethnicity

84%

White84%

Black2.1%

Hispanic1.1%

Asian2.2%

Other10.6%

Education (25+)

34.2%

18.9%

39.8%

No HS diploma7.2%

HS diploma34.2%

Some college18.9%

Bachelor's+39.8%

Housing tenure

74.1%

25.9%

Owner74.1%

Renter25.9%

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

2021 vs 2026

How ZIP 45065 in South Lebanon, OH has changed in 5 years

Income

$104,539 → $104,795

up 0.2%

Population

6,366 → 7,053

up 10.8%

Renter share

15.4% → 25.9%

+10.5 pts

Bachelor's+

37.2% → 39.8%

+2.6 pts

Median age

38.6 → 35

-3.6 yrs

Median household income rose from $104,539 to $104,795 between 2021 and 2024, a 0.2% shift. The population has grown by 10.8% since 2021, moving from about 6,366 residents to roughly 7,053. Renters now make up 25.9% of households, compared with 15.4% five years ago. College-educated residents now make up 39.8% of adults here, versus 37.2% in 2021.

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Local insights

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About renting in ZIP 45065

Last updated: October 17, 2026

ZIP code 45065 covers South Lebanon, OH. The median rent here is $2,096/mo as of October 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,770/mo.

At 24% of local median household income ($104,795/yr), ZIP 45065 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 45065?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,096/mo in ZIP 45065. The local median household income is $104,795/yr, so the typical household meets that bar.