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ZIP Code · OH

ZIP 45409

Part of Oakwood, OH
Pop. 15,293·Montgomery County·49th most expensive ZIP in Ohio
Median rent (all units)
$1,666/mo
Year-over-Year
+9.8%
Month-over-Month
+0.1%
vs US Median
-$299
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 45409 · $1,666
More affordable than 61% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,050
1 BR
$1,140
2 BR
$1,440
3 BR
$1,870
4 BR+
$2,060
Research median
$1,440/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
$19,992/yr
At $1,666/mo median
Location
StateOH
CountyMontgomery County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.8% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 45409 (Oakwood, OH) is majority owner-occupied, skews toward younger working-age adults, 62.7% of residents hold a bachelor's degree or higher.

Population
15,293
Median income
$87,283
Median age
21
Renters
27.8%
Age distribution
68.4%
Under 187.7%
18–3468.4%
35–5410.9%
55–645.1%
65+7.9%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
85.3%
White85.3%
Black5.9%
Hispanic5.8%
Asian2.2%
Other0.8%
Education (25+)
23.9%
62.7%
No HS diploma2.7%
HS diploma10.7%
Some college23.9%
Bachelor's+62.7%
Housing tenure
72.2%
27.8%
Owner72.2%
Renter27.8%

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

2021 vs 2026

How ZIP 45409 in Oakwood, OH has changed in 5 years

Income
$71,831 → $87,283
up 21.5%
Population
16,224 → 15,293
down 5.7%
Renter share
31.2% → 27.8%
-3.4 pts
Bachelor's+
57.9% → 62.7%
+4.8 pts

Household income in the area moved from $71,831 to $87,283 across the same window, up 21.5% versus 2021. The population has contracted by 5.7% since 2021, moving from about 16,224 residents to roughly 15,293. Renters now make up 27.8% of households, compared with 31.2% five years ago. College-educated residents now make up 62.7% of adults here, versus 57.9% in 2021.

Community

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Local insights

Tips for renters in ZIP 45409

About renting in ZIP 45409

Last updated: July 20, 2026

ZIP code 45409 covers Oakwood, OH. The median rent here is $1,666/mo as of July 2026. A 1-bedroom rents for a median of $1,140/mo. A 2-bedroom rents for a median of $1,440/mo.

At 23% of local median household income ($87,283/yr), ZIP 45409 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 45409?

As of July 20, 2026, the median monthly rent in ZIP 45409 (Oakwood, OH) is $1,666. This is based on aggregated data from public sources and community submissions.

How does ZIP 45409 rent compare to the US average?

ZIP 45409's median rent of $1,666/mo is $299 (15%) below the US national median of $1,965/mo.

How does ZIP 45409 compare to other ZIPs in Ohio?

ZIP 45409 is one of the pricier ZIP codes in Ohio, ranking #49 out of 232 ZIPs tracked at $1,666/mo.

How much income do you need to rent in ZIP 45409?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,666/mo in ZIP 45409. The local median household income is $87,283/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 45409?

Rent in ZIP 45409 has increased 9.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 45409 an affordable place to rent?

ZIP 45409 is considered very affordable for renters. At $1,666/mo, rent takes approximately 23% of the local median household income ($87,283/yr). The standard benchmark is 30%. ZIP 45409 falls comfortably within that range.

What percentage of ZIP 45409 residents rent vs. own?

According to Census data, approximately 27.8% of ZIP 45409 households are renters, while 72.2% are owner-occupied. ZIP 45409 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 45409 last updated?

Rent data for ZIP 45409 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,666/mo, rent takes ~23% of ZIP 45409's median household income ($87,283/yr). The standard benchmark is 30%.

ZIP 45409 23%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 45409 (Oakwood, OH)

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