ZIP Code · OH

ZIP 45403

Part of Dayton, OH

Pop. 13,608·Montgomery County·200th most expensive ZIP in Ohio

Median rent (all units)

$1,076/mo

Year-over-Year

+3.0%

Month-over-Month

+0.2%

vs US Median

-$856

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 45403 · $1,076

More affordable than 96% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$720

1 BR

$790

2 BR

$990

3 BR

$1,280

4 BR+

$1,410

Research median

$990/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 45403 is at its highest level since Zillow's records here began in April 2023.

Past year vs. the rest of Ohio

Rent in ZIP 45403 changed +3.0% over the year to September 2026. Across the 190 Ohio ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($38,323) is $958 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($790); a 2-bedroom is $990.

Rank in Dayton

4th cheapest of 8 ZIP codes in Dayton.

From Zillow's monthly rent index (ZORI) for ZIP 45403. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$12,912/yr

At $1,076/mo median

Location

CityDayton

StateOH

CountyMontgomery 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 45403 (Dayton, OH) is majority renter-occupied, has a median income below the national average, 13.3% of residents hold a bachelor's degree or higher.

Population

13,608

Median income

$38,323

Median age

Renters

60%

Age distribution

24.6%

25.4%

24.3%

15.6%

Under 1824.6%

18–3425.4%

35–5424.3%

55–6415.6%

65+10.2%

Gender

53.5%

46.5%

Male53.5%

Female46.5%

Race & ethnicity

65.6%

16.6%

14.6%

White65.6%

Black16.6%

Hispanic14.6%

Asian0.9%

Other2.3%

Education (25+)

19.8%

33%

33.9%

13.3%

No HS diploma19.8%

HS diploma33%

Some college33.9%

Bachelor's+13.3%

Housing tenure

40%

60%

Owner40%

Renter60%

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

2023 vs 2026

How ZIP 45403 in Dayton, OH has changed in 5 years

Rent

$883 → $1,076

up 21.9%

Income

$32,750 → $38,323

up 17.0%

Population

13,523 → 13,608

up 0.6%

Renter share

63.6% → 60%

-3.6 pts

Bachelor's+

10.4% → 13.3%

+2.9 pts

Median age

36.1 → 35

-1.1 yrs

Compared with 2023, rent in ZIP 45403 in Dayton, OH has climbed by $193 per month, settling near $1,076 after starting the period at $883. Local incomes tracked alongside that move, going from a median of $32,750 in 2021 to $38,323 more recently. Rent outpaced income growth by roughly 4.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 60% of households rent today, against 63.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 10.4% to 13.3%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 45403 in Dayton, OH market of 2023.

Community

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Local insights

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About renting in ZIP 45403

Last updated: October 17, 2026

ZIP code 45403 covers Dayton, OH. The median rent here is $1,076/mo as of October 2026. A 1-bedroom rents for a median of $790/mo. A 2-bedroom rents for a median of $990/mo.

At 34% of local median household income ($38,323/yr), ZIP 45403 ranks as moderate 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 45403?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (about $21/hour full-time) to afford the median rent of $1,076/mo in ZIP 45403. The local median household income is $38,323/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 45403?

Rent in ZIP 45403 has risen 3.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2023.

How does ZIP 45403 compare to other ZIPs in Ohio?

ZIP 45403 is one of the more affordable among Ohio ZIP codes for rent, ranking #200 of 229 at $1,076/mo. Over the year to September 2026, rent in ZIP 45403 changed +3.0%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.