ZIP Code · OH

ZIP 45805

Part of Lima, OH

Pop. 24,387·Allen County·105th most expensive ZIP in Ohio

Median rent (all units)

$1,413/mo

Year-over-Year

Stable

Month-over-Month

+11.6%

vs US Median

-$519

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 45805 · $1,413

More affordable than 79% 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

$880

1 BR

$880

2 BR

$1,160

3 BR

$1,400

4 BR+

$1,560

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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($68,842) is $1,721 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,560).

Cheaper nearby

ZIP 45801, 8 miles away, rents for 16% less ($1,193/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 45805. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,956/yr

At $1,413/mo median

Location

CityLima

StateOH

CountyAllen 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, +11.6% MoM), not inventory.

Demographics

Who lives here

ZIP 45805 (Lima, OH) is majority owner-occupied, 24.2% of residents hold a bachelor's degree or higher.

Population

24,387

Median income

$68,842

Median age

37.1

Renters

36.5%

Age distribution

22.9%

25.3%

22.3%

17.9%

Under 1822.9%

18–3425.3%

35–5422.3%

55–6411.5%

65+17.9%

Gender

49%

51%

Male49%

Female51%

Race & ethnicity

75.5%

12.2%

White75.5%

Black12.2%

Hispanic4.9%

Asian0.6%

Other6.9%

Education (25+)

37.6%

33.5%

24.2%

No HS diploma4.7%

HS diploma37.6%

Some college33.5%

Bachelor's+24.2%

Housing tenure

63.5%

36.5%

Owner63.5%

Renter36.5%

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

2021 vs 2026

How ZIP 45805 in Lima, OH has changed in 5 years

Income

$58,180 → $68,842

up 18.3%

Population

23,726 → 24,387

up 2.8%

Renter share

37% → 36.5%

-0.5 pts

Bachelor's+

23.5% → 24.2%

+0.7 pts

Median age

36.1 → 37.1

+1.0 yrs

Local incomes tracked alongside that move, going from a median of $58,180 in 2021 to $68,842 more recently. Headcount in the area went from 23,726 to 24,387 between 2021 and 2024, a 2.8% change.

Community

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Local insights

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About renting in ZIP 45805

Last updated: October 17, 2026

ZIP code 45805 covers Lima, OH. The median rent here is $1,413/mo as of October 2026. A 1-bedroom rents for a median of $880/mo. A 2-bedroom rents for a median of $1,160/mo.

At 25% of local median household income ($68,842/yr), ZIP 45805 ranks as affordable 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 45805?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,413/mo in ZIP 45805. The local median household income is $68,842/yr, so the typical household meets that bar.