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ZIP Code · OH

ZIP 45805

Part of Lima, OH
Pop. 24,387·Allen County·132nd most expensive ZIP in Ohio
Median rent (all units)
$1,354/mo
Year-over-Year
Stable
Month-over-Month
+16.7%
vs US Median
-$611
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 45805 · $1,354
More affordable than 83% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$16,248/yr
At $1,354/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, +16.7% 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

Tips for renters in ZIP 45805

About renting in ZIP 45805

Last updated: July 20, 2026

ZIP code 45805 covers Lima, OH. The median rent here is $1,354/mo as of July 2026. A 1-bedroom rents for a median of $880/mo. A 2-bedroom rents for a median of $1,160/mo.

At 24% 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 is rent in ZIP code 45805?

As of July 20, 2026, the median monthly rent in ZIP 45805 (Lima, OH) is $1,354. This is based on aggregated data from public sources and community submissions.

How does ZIP 45805 rent compare to the US average?

ZIP 45805's median rent of $1,354/mo is $611 (31%) below the US national median of $1,965/mo.

How does ZIP 45805 compare to other ZIPs in Ohio?

ZIP 45805 falls in the middle range for Ohio, ranking #132 out of 232 ZIPs at $1,354/mo.

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 $54,000/year (~$26/hour full-time) to afford the median rent of $1,354/mo in ZIP 45805. The local median household income is $68,842/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 45805?

Rent in ZIP 45805 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 45805 an affordable place to rent?

ZIP 45805 is considered very affordable for renters. At $1,354/mo, rent takes approximately 24% of the local median household income ($68,842/yr). The standard benchmark is 30%. ZIP 45805 falls comfortably within that range.

What percentage of ZIP 45805 residents rent vs. own?

According to Census data, approximately 36.5% of ZIP 45805 households are renters, while 63.5% are owner-occupied. ZIP 45805 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 45805 compare to the rest of Lima?

ZIP 45805 is pricier than Lima as a whole. At $1,354/mo, it's $178 above the Lima citywide median of $1,176/mo.

When was rent data for ZIP 45805 last updated?

Rent data for ZIP 45805 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,354/mo, rent takes ~24% of ZIP 45805's median household income ($68,842/yr). The standard benchmark is 30%.

ZIP 45805 24%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 45805 (Lima, OH)

Recent submissions

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