ZIP Code · OH

ZIP 45404

Part of Dayton, OH

Pop. 9,826·Montgomery County·198th most expensive ZIP in Ohio

Median rent (all units)

$1,099/mo

Year-over-Year

Stable

Month-over-Month

+0.9%

vs US Median

-$833

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 45404 · $1,099

More affordable than 95% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$880

1 BR

$960

2 BR

$1,210

3 BR

$1,570

4 BR+

$1,730

Research median

$1,210/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($38,874) is $972 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($960); a 2-bedroom is $1,210.

From Zillow's monthly rent index (ZORI) for ZIP 45404. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,188/yr

At $1,099/mo median

Location

CityDayton

StateOH

CountyMontgomery County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 45404 (Dayton, OH) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 10.2% of residents hold a bachelor's degree or higher.

Population

9,826

Median income

$38,874

Median age

35.7

Renters

55.9%

Age distribution

26%

22%

21.8%

14.4%

15.7%

Under 1826%

18–3422%

35–5421.8%

55–6414.4%

65+15.7%

Gender

50.4%

49.6%

Male50.4%

Female49.6%

Race & ethnicity

70.9%

20.2%

White70.9%

Black20.2%

Hispanic7.7%

Asian1.7%

Education (25+)

20.1%

40.2%

29.5%

No HS diploma20.1%

HS diploma40.2%

Some college29.5%

Bachelor's+10.2%

Housing tenure

44.1%

55.9%

Owner44.1%

Renter55.9%

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

2021 vs 2026

How ZIP 45404 in Dayton, OH has changed in 5 years

Income

$32,397 → $38,874

up 20.0%

Population

10,715 → 9,826

down 8.3%

Renter share

58.4% → 55.9%

-2.5 pts

Bachelor's+

4.3% → 10.2%

+5.9 pts

Median age

31.5 → 35.7

+4.2 yrs

Census figures show median household income at $38,874 today, compared with $32,397 five years earlier. Headcount in the area went from 10,715 to 9,826 between 2021 and 2024, a 8.3% change. About 55.9% of households rent today, against 58.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 4.3% to 10.2%.

Community

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Local insights

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About renting in ZIP 45404

Last updated: September 25, 2026

ZIP code 45404 covers Dayton, OH. The median rent here is $1,099/mo as of September 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,210/mo.

At 34% of local median household income ($38,874/yr), ZIP 45404 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 45404?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (about $21/hour full-time) to afford the median rent of $1,099/mo in ZIP 45404. The local median household income is $38,874/yr, so the typical household falls short of that bar.