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ZIP Code · OH

ZIP 45505

Pop. 19,826·Clark County·199th most expensive ZIP in Ohio
Median rent (all units)
$1,081/mo
Year-over-Year
Stable
Month-over-Month
+9.3%
vs US Median
-$884
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 45505 · $1,081
More affordable than 96% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$740
1 BR
$820
2 BR
$1,070
3 BR
$1,310
4 BR+
$1,520
Research median
$1,070/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: June 22, 2026

Annual cost
$12,972/yr
At $1,081/mo median
Location
StateOH
CountyClark County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +9.3% MoM), not inventory.
Demographics

Who lives here

ZIP 45505 (Springfield, OH) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 12% of residents hold a bachelor's degree or higher.

Population
19,826
Median income
$43,819
Median age
35.1
Renters
47.3%
Age distribution
26.4%
23.4%
23.3%
15.2%
Under 1826.4%
18–3423.4%
35–5423.3%
55–6411.7%
65+15.2%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
72.5%
12.5%
White72.5%
Black12.5%
Hispanic6.8%
Asian0.5%
Other7.7%
Education (25+)
17.8%
41.7%
28.5%
No HS diploma17.8%
HS diploma41.7%
Some college28.5%
Bachelor's+12%
Housing tenure
52.7%
47.3%
Owner52.7%
Renter47.3%

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

2021 vs 2026

How ZIP 45505 in Springfield, OH has changed in 5 years

Income
$39,601 → $43,819
up 10.7%
Population
20,464 → 19,826
down 3.1%
Renter share
50.5% → 47.3%
-3.2 pts
Bachelor's+
8.6% → 12%
+3.4 pts

On the earnings side, the typical household in ZIP 45505 in Springfield, OH now reports about $43,819, up from $39,601 in 2021. Census counts show ZIP 45505 in Springfield, OH losing about 638 residents over the five-year window, down 3.1% on net. The renter share has eased from 50.5% to 47.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 8.6% to 12% across the same window.

Community

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Local insights

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About renting in ZIP 45505

Last updated: June 22, 2026

ZIP code 45505 covers Springfield, OH. The median rent here is $1,081/mo as of June 2026. A 1-bedroom rents for a median of $820/mo. A 2-bedroom rents for a median of $1,070/mo.

At 30% of local median household income ($43,819/yr), ZIP 45505 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 is rent in ZIP code 45505?

As of June 22, 2026, the median monthly rent in ZIP 45505 (Springfield, OH) is $1,081. This is based on aggregated data from public sources and community submissions.

How does ZIP 45505 rent compare to the US average?

ZIP 45505's median rent of $1,081/mo is $884 (45%) below the US national median of $1,965/mo.

How does ZIP 45505 compare to other ZIPs in Ohio?

ZIP 45505 is among the more affordable ZIP codes in Ohio, ranking #199 out of 230 ZIPs at $1,081/mo.

How much income do you need to rent in ZIP 45505?

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 $1,081/mo in ZIP 45505. The local median household income is $43,819/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 45505?

Rent in ZIP 45505 has been relatively stable over the past year, with a 0.0% change year over year as of June 22, 2026.

Is ZIP 45505 an affordable place to rent?

ZIP 45505 is considered moderate for renters. At $1,081/mo, rent takes approximately 30% of the local median household income ($43,819/yr). The standard benchmark is 30%. ZIP 45505 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 45505 residents rent vs. own?

According to Census data, approximately 47.3% of ZIP 45505 households are renters, while 52.7% are owner-occupied. ZIP 45505 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 45505 compare to the rest of Springfield?

ZIP 45505 is more affordable than Springfield overall. At $1,081/mo, it's $213 below the Springfield citywide median of $1,294/mo.

When was rent data for ZIP 45505 last updated?

Rent data for ZIP 45505 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,081/mo, rent takes ~30% of ZIP 45505's median household income ($43,819/yr). The standard benchmark is 30%.

ZIP 45505 30%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 45505 (Springfield, OH)

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