ZIP Code · OH

ZIP 45324

Part of Fairborn, OH
Pop. 41,194·Greene County·86th most expensive ZIP in Ohio
Median rent (all units)
$1,500/mo
Year-over-Year
+9.7%
Month-over-Month
+1.4%
vs US Median
-$432
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 45324 · $1,500
More affordable than 73% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$960
1 BR
$1,050
2 BR
$1,330
3 BR
$1,720
4 BR+
$1,890
Research median
$1,330/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

Cheapest month to sign

December. Asking rents in ZIP 45324 usually run 1% below trend in December and 0.7% above it in August, about $26 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 45324 is at its highest level since Zillow's records here began in December 2018.

Past year vs. the rest of Ohio

Rent in ZIP 45324 changed +9.7% over the year to September 2026. Across the 190 Ohio ZIP codes Zillow tracks, the typical change was +3.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 45324 rose 48.5% while median household income rose 31.1% ($49,562 to $64,979). Rent outpaced income.

Since before the pandemic

Rent in ZIP 45324 is 60.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($64,979) is $1,624 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,330); a 3-bedroom is $1,720.

Cheaper nearby

ZIP 45424, 7 miles away, rents for 13% less ($1,299/mo), about $2,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 45324. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,000/yr
At $1,500/mo median
Location
StateOH
CountyGreene County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.7% YoY, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 45324 (Fairborn, OH) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 30% of residents hold a bachelor's degree or higher.

Population
41,194
Median income
$64,979
Median age
35.3
Renters
47.2%
Age distribution
17.6%
31.9%
22.4%
16.7%
Under 1817.6%
18–3431.9%
35–5422.4%
55–6411.4%
65+16.7%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
78.5%
White78.5%
Black8.6%
Hispanic3.4%
Asian1.9%
Other7.7%
Education (25+)
26.8%
34.3%
30%
No HS diploma8.9%
HS diploma26.8%
Some college34.3%
Bachelor's+30%
Housing tenure
52.8%
47.2%
Owner52.8%
Renter47.2%

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

2021 vs 2026

How ZIP 45324 in Fairborn, OH has changed in 5 years

Rent
$1,018 → $1,500
up 47.3%
Income
$55,779 → $64,979
up 16.5%
Population
40,944 → 41,194
up 0.6%
Renter share
49.5% → 47.2%
-2.3 pts
Bachelor's+
30.4% → 30%
-0.4 pts
Median age
34.3 → 35.3
+1.0 yrs

Five years ago, renters in ZIP 45324 in Fairborn, OH paid around $1,018 a month. That figure now sits near $1,500, up 47.3% from the 2021 baseline. Census figures show median household income at $64,979 today, compared with $55,779 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 49.5% to 47.2%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 45324

Last updated: October 17, 2026

ZIP code 45324 covers Fairborn, OH. The median rent here is $1,500/mo as of October 2026. A 1-bedroom rents for a median of $1,050/mo. A 2-bedroom rents for a median of $1,330/mo.

At 28% of local median household income ($64,979/yr), ZIP 45324 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 45324?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,500/mo in ZIP 45324. The local median household income is $64,979/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 45324?

Rent in ZIP 45324 has risen 9.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2018.

When is the cheapest time to rent in ZIP 45324?

Asking rents in ZIP 45324 are usually lowest in December, about 1% below their yearly trend, and highest in August, about 0.7% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 45324?

Yes. From 2019 to 2024, rent in ZIP 45324 rose 48.5% while median household income rose 31.1%, from $49,562 to $64,979. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 45324 compare to other ZIPs in Ohio?

ZIP 45324 is in the middle among Ohio ZIP codes for rent, ranking #86 of 229 at $1,500/mo. Over the year to September 2026, rent in ZIP 45324 changed +9.7%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.

How does ZIP 45324 compare to the rest of Fairborn?

ZIP 45324 sits right at the Fairborn citywide median of $1,500/mo.
Income Affordability
28%
AFFORDABLE

At $1,500/mo, rent takes ~28% of ZIP 45324's median household income ($64,979/yr). The standard benchmark is 30%.

ZIP 45324 28%Benchmark 30%
State income tax2.75–3.5%
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