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ZIP Code · OH

ZIP 45406

Part of Dayton, OH
Pop. 19,991·Montgomery County·189th most expensive ZIP in Ohio
Median rent (all units)
$1,084/mo
Year-over-Year
+4.0%
Month-over-Month
-2.8%
vs US Median
-$846
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 45406 · $1,084
More affordable than 96% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$850
1 BR
$920
2 BR
$1,160
3 BR
$1,500
4 BR+
$1,660
Research median
$1,160/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: May 18, 2026

Annual cost
$13,008/yr
At $1,084/mo median
Location
CityDayton
StateOH
CountyMontgomery County
Demographics

Who lives here

ZIP 45406 (Dayton, OH) is roughly split between renters and owners, has a median income below the national average, 20.2% of residents hold a bachelor's degree or higher.

Population
19,991
Median income
$41,796
Median age
37.4
Renters
52.9%
Age distribution
23.2%
24.2%
22.6%
12%
17.9%
Under 1823.2%
18–3424.2%
35–5422.6%
55–6412%
65+17.9%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
15.9%
77.7%
White15.9%
Black77.7%
Hispanic2.5%
Asian0.5%
Other3.3%
Education (25+)
12.4%
33.2%
34.2%
20.2%
No HS diploma12.4%
HS diploma33.2%
Some college34.2%
Bachelor's+20.2%
Housing tenure
47.1%
52.9%
Owner47.1%
Renter52.9%

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

2021 vs 2026

How ZIP 45406 in Dayton, OH has changed in 5 years

Income
$35,294 → $41,796
up 18.4%
Population
19,830 → 19,991
up 0.8%
Renter share
51.8% → 52.9%
+1.1 pts
Bachelor's+
20.6% → 20.2%
-0.4 pts
Median age
39.5 → 37.4
-2.1 yrs

On the earnings side, the typical household in ZIP 45406 in Dayton, OH now reports about $41,796, up from $35,294 in 2021.

Community

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Local insights

Tips for renters in ZIP 45406

About renting in ZIP 45406

Last updated: May 18, 2026

ZIP code 45406 covers Dayton, OH. The median rent here is $1,084/mo as of May 2026. A 1-bedroom rents for a median of $920/mo. A 2-bedroom rents for a median of $1,160/mo.

At 31% of local median household income ($41,796/yr), ZIP 45406 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 45406?

As of May 18, 2026, the median monthly rent in ZIP 45406 (Dayton, OH) is $1,084. This is based on aggregated data from public sources and community submissions.

How does ZIP 45406 rent compare to the US average?

ZIP 45406's median rent of $1,084/mo is $846 (44%) below the US national median of $1,930/mo.

How does ZIP 45406 compare to other ZIPs in Ohio?

ZIP 45406 is among the more affordable ZIP codes in Ohio, ranking #189 out of 220 ZIPs at $1,084/mo.

How much income do you need to rent in ZIP 45406?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (~$21/hour full-time) to afford the median rent of $1,084/mo in ZIP 45406. The local median household income is $41,796/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 45406?

Rent in ZIP 45406 has increased 4.0% over the past year as of May 18, 2026, putting upward pressure on renter budgets.

Is ZIP 45406 an affordable place to rent?

ZIP 45406 is considered moderate for renters. At $1,084/mo, rent takes approximately 31% of the local median household income ($41,796/yr). The standard benchmark is 30%. ZIP 45406 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 45406 residents rent vs. own?

According to Census data, approximately 52.9% of ZIP 45406 households are renters, while 47.1% are owner-occupied. With a majority renter population, ZIP 45406 has a strong rental market.

How does ZIP 45406 compare to the rest of Dayton?

ZIP 45406 is more affordable than Dayton overall. At $1,084/mo, it's $115 below the Dayton citywide median of $1,199/mo.

When was rent data for ZIP 45406 last updated?

Rent data for ZIP 45406 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
31%
MODERATE

At $1,084/mo, rent takes ~31% of ZIP 45406's median household income ($41,796/yr). The standard benchmark is 30%.

ZIP 45406 31%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 45406 (Dayton, OH)

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