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ZIP Code · OH

ZIP 45150

Part of Milford, OH
Pop. 33,527·Clermont County·102nd most expensive ZIP in Ohio
Median rent (all units)
$1,446/mo
Year-over-Year
-1.3%
Month-over-Month
+5.3%
vs US Median
-$505
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 45150 · $1,446
More affordable than 77% of US ZIP codes · National median $1,951/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$930
1 BR
$1,020
2 BR
$1,310
3 BR
$1,730
4 BR+
$1,910
Research median
$1,310/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: June 22, 2026

Annual cost
$17,352/yr
At $1,446/mo median
Location
StateOH
CountyClermont County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 1.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (-1.3% YoY, +5.3% MoM), not inventory.
Demographics

Who lives here

ZIP 45150 (Milford, OH) is majority owner-occupied, has a large retiree population, has a median income above the national average, 40.5% of residents hold a bachelor's degree or higher.

Population
33,527
Median income
$93,595
Median age
44.5
Renters
25.8%
Age distribution
21%
17.4%
26.2%
13.3%
22%
Under 1821%
18–3417.4%
35–5426.2%
55–6413.3%
65+22%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
92.2%
White92.2%
Black1.9%
Hispanic1.8%
Asian1.2%
Other2.9%
Education (25+)
27.3%
26%
40.5%
No HS diploma6.2%
HS diploma27.3%
Some college26%
Bachelor's+40.5%
Housing tenure
74.2%
25.8%
Owner74.2%
Renter25.8%

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

2021 vs 2026

How ZIP 45150 in Milford, OH has changed in 5 years

Income
$80,706 → $93,595
up 16.0%
Population
33,394 → 33,527
up 0.4%
Renter share
24.4% → 25.8%
+1.4 pts
Bachelor's+
40.2% → 40.5%
+0.3 pts
Median age
43.6 → 44.5
+0.9 yrs

On the earnings side, the typical household in ZIP 45150 in Milford, OH now reports about $93,595, up from $80,706 in 2021.

Community

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Local insights

Tips for renters in ZIP 45150

About renting in ZIP 45150

Last updated: June 22, 2026

ZIP code 45150 covers Milford, OH. The median rent here is $1,446/mo as of June 2026. A 1-bedroom rents for a median of $1,020/mo. A 2-bedroom rents for a median of $1,310/mo.

At 19% of local median household income ($93,595/yr), ZIP 45150 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 45150?

As of June 22, 2026, the median monthly rent in ZIP 45150 (Milford, OH) is $1,446. This is based on aggregated data from public sources and community submissions.

How does ZIP 45150 rent compare to the US average?

ZIP 45150's median rent of $1,446/mo is $505 (26%) below the US national median of $1,951/mo.

How does ZIP 45150 compare to other ZIPs in Ohio?

ZIP 45150 falls in the middle range for Ohio, ranking #102 out of 230 ZIPs at $1,446/mo.

How much income do you need to rent in ZIP 45150?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,446/mo in ZIP 45150. The local median household income is $93,595/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 45150?

Rent in ZIP 45150 has decreased 1.3% over the past year as of June 22, 2026, offering some relief compared to 12 months ago.

Is ZIP 45150 an affordable place to rent?

ZIP 45150 is considered very affordable for renters. At $1,446/mo, rent takes approximately 19% of the local median household income ($93,595/yr). The standard benchmark is 30%. ZIP 45150 falls comfortably within that range.

What percentage of ZIP 45150 residents rent vs. own?

According to Census data, approximately 25.8% of ZIP 45150 households are renters, while 74.2% are owner-occupied. ZIP 45150 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 45150 compare to the rest of Milford?

ZIP 45150 is pricier than Milford as a whole. At $1,446/mo, it's $11 above the Milford citywide median of $1,435/mo.

When was rent data for ZIP 45150 last updated?

Rent data for ZIP 45150 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,446/mo, rent takes ~19% of ZIP 45150's median household income ($93,595/yr). The standard benchmark is 30%.

ZIP 45150 19%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 45150 (Milford, OH)

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