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ZIP Code · OH

ZIP 45373

Part of Troy, OH
Pop. 37,565·Miami County·92nd most expensive ZIP in Ohio
Median rent (all units)
$1,511/mo
Year-over-Year
+15.3%
Month-over-Month
-0.3%
vs US Median
-$454
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 45373 · $1,511
More affordable than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$870
1 BR
$940
2 BR
$1,190
3 BR
$1,540
4 BR+
$1,700
Research median
$1,190/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: July 20, 2026

Annual cost
$18,132/yr
At $1,511/mo median
Location
CityTroy
StateOH
CountyMiami County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 15.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+15.3% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 45373 (Troy, OH) is majority owner-occupied, 35.1% of residents hold a bachelor's degree or higher.

Population
37,565
Median income
$75,742
Median age
39.3
Renters
28.7%
Age distribution
24.4%
18.5%
25.9%
12.8%
18.4%
Under 1824.4%
18–3418.5%
35–5425.9%
55–6412.8%
65+18.4%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
86.4%
White86.4%
Black2.7%
Hispanic2.8%
Asian3.3%
Other4.8%
Education (25+)
32.5%
26.1%
35.1%
No HS diploma6.3%
HS diploma32.5%
Some college26.1%
Bachelor's+35.1%
Housing tenure
71.3%
28.7%
Owner71.3%
Renter28.7%

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

2021 vs 2026

How ZIP 45373 in Troy, OH has changed in 5 years

Income
$74,214 → $75,742
up 2.1%
Population
37,211 → 37,565
up 1.0%
Renter share
28.3% → 28.7%
+0.4 pts
Bachelor's+
31.2% → 35.1%
+3.9 pts

Census figures show median household income at $75,742 today, compared with $74,214 five years earlier. The population has grown by 1.0% since 2021, moving from about 37,211 residents to roughly 37,565. College-educated residents now make up 35.1% of adults here, versus 31.2% in 2021.

Community

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Local insights

Tips for renters in ZIP 45373

About renting in ZIP 45373

Last updated: July 20, 2026

ZIP code 45373 covers Troy, OH. The median rent here is $1,511/mo as of July 2026. A 1-bedroom rents for a median of $940/mo. A 2-bedroom rents for a median of $1,190/mo.

At 24% of local median household income ($75,742/yr), ZIP 45373 ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 45373?

As of July 20, 2026, the median monthly rent in ZIP 45373 (Troy, OH) is $1,511. This is based on aggregated data from public sources and community submissions.

How does ZIP 45373 rent compare to the US average?

ZIP 45373's median rent of $1,511/mo is $454 (23%) below the US national median of $1,965/mo.

How does ZIP 45373 compare to other ZIPs in Ohio?

ZIP 45373 falls in the middle range for Ohio, ranking #92 out of 232 ZIPs at $1,511/mo.

How much income do you need to rent in ZIP 45373?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,511/mo in ZIP 45373. The local median household income is $75,742/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 45373?

Rent in ZIP 45373 has increased 15.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 45373 an affordable place to rent?

ZIP 45373 is considered very affordable for renters. At $1,511/mo, rent takes approximately 24% of the local median household income ($75,742/yr). The standard benchmark is 30%. ZIP 45373 falls comfortably within that range.

What percentage of ZIP 45373 residents rent vs. own?

According to Census data, approximately 28.7% of ZIP 45373 households are renters, while 71.3% are owner-occupied. ZIP 45373 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 45373 compare to the rest of Troy?

ZIP 45373 sits right at the Troy citywide median of $1,511/mo.

When was rent data for ZIP 45373 last updated?

Rent data for ZIP 45373 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,511/mo, rent takes ~24% of ZIP 45373's median household income ($75,742/yr). The standard benchmark is 30%.

ZIP 45373 24%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 45373 (Troy, OH)

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