ZIP Code · OH

ZIP 45206

Pop. 10,299·Hamilton County·149th most expensive ZIP in Ohio
Median rent (all units)
$1,258/mo
Year-over-Year
+3.0%
Month-over-Month
+0.2%
vs US Median
-$674
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 45206 · $1,258
More affordable than 88% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$950
2 BR
$1,220
3 BR
$1,610
4 BR+
$1,780
Research median
$1,220/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

Compared with the peak

Rent in ZIP 45206 is at its highest level since Zillow's records here began in January 2022.

Past year vs. the rest of Ohio

Rent in ZIP 45206 changed +2.9% over the year to September 2026. Across the 190 Ohio ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($62,648) is $1,566 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,220); a 3-bedroom is $1,610.

Rank in Cincinnati

8th cheapest of 25 ZIP codes in Cincinnati.

From Zillow's monthly rent index (ZORI) for ZIP 45206. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,096/yr
At $1,258/mo median
Location
StateOH
CountyHamilton County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.0% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 45206 (Cincinnati, OH) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 54% of residents hold a bachelor's degree or higher.

Population
10,299
Median income
$62,648
Median age
37.2
Renters
63%
Age distribution
36.2%
20.5%
14.7%
17.8%
Under 1810.8%
18–3436.2%
35–5420.5%
55–6414.7%
65+17.8%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
52.2%
33.4%
White52.2%
Black33.4%
Hispanic3.9%
Asian3.8%
Other6.6%
Education (25+)
12.3%
13.5%
20.2%
54%
No HS diploma12.3%
HS diploma13.5%
Some college20.2%
Bachelor's+54%
Housing tenure
37%
63%
Owner37%
Renter63%

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

2022 vs 2026

How ZIP 45206 in Cincinnati, OH has changed in 5 years

Rent
$1,054 → $1,258
up 19.4%
Income
$45,530 → $62,648
up 37.6%
Population
10,231 → 10,299
up 0.7%
Renter share
64.6% → 63%
-1.6 pts
Bachelor's+
46.3% → 54%
+7.7 pts
Median age
39.7 → 37.2
-2.5 yrs

Compared with 2022, rent in ZIP 45206 in Cincinnati, OH has increased by $204 per month, settling near $1,258 after starting the period at $1,054. Local incomes tracked alongside that move, going from a median of $45,530 in 2021 to $62,648 more recently. Income growth outran rent by about 18.2 percentage points, easing the affordability math somewhat compared with 2021. About 63% of households rent today, against 64.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 46.3% to 54%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 45206 in Cincinnati, OH market of 2022.

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About renting in ZIP 45206

Last updated: October 17, 2026

ZIP code 45206 covers Cincinnati, OH. The median rent here is $1,258/mo as of October 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,220/mo.

At 24% of local median household income ($62,648/yr), ZIP 45206 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 45206?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,258/mo in ZIP 45206. The local median household income is $62,648/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 45206?

Rent in ZIP 45206 has risen 3.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2022.

How does ZIP 45206 compare to other ZIPs in Ohio?

ZIP 45206 is in the middle among Ohio ZIP codes for rent, ranking #149 of 229 at $1,258/mo. Over the year to September 2026, rent in ZIP 45206 changed +2.9%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.

How does ZIP 45206 compare to the rest of Cincinnati?

At $1,258/mo, ZIP 45206 is $174 below the Cincinnati citywide median of $1,432/mo. It is the 8th cheapest of 25 ZIP codes in Cincinnati.
Income Affordability
24%
VERY AFFORDABLE

At $1,258/mo, rent takes ~24% of ZIP 45206's median household income ($62,648/yr). The standard benchmark is 30%.

ZIP 45206 24%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 45206 (Cincinnati, OH)

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