ZIP Code · OH

ZIP 45840

Part of Findlay, OH

Pop. 54,559·Hancock County·124th most expensive ZIP in Ohio

Median rent (all units)

$1,348/mo

Year-over-Year

+6.9%

Month-over-Month

+0.3%

vs US Median

-$584

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 45840 · $1,348

More affordable than 83% 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

$790

1 BR

$880

2 BR

$1,150

3 BR

$1,510

4 BR+

$1,730

Research median

$1,150/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

Compared with the peak

Rent in ZIP 45840 is 0.1% below its high of $1,350 in June 2026, at $1,348 as of September 2026.

Past year vs. the rest of Ohio

Rent in ZIP 45840 changed +6.9% over the year to September 2026. Across the 190 Ohio ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($68,083) is $1,702 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,510); a 4-bedroom is $1,730.

From Zillow's monthly rent index (ZORI) for ZIP 45840. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,176/yr

At $1,348/mo median

Location

CityFindlay

StateOH

CountyHancock County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.9% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.9% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 45840 (Findlay, OH) is majority owner-occupied, 33.3% of residents hold a bachelor's degree or higher.

Population

54,559

Median income

$68,083

Median age

38.9

Renters

34%

Age distribution

20.6%

24.8%

23.1%

12.8%

18.7%

Under 1820.6%

18–3424.8%

35–5423.1%

55–6412.8%

65+18.7%

Gender

48.8%

51.2%

Male48.8%

Female51.2%

Race & ethnicity

86.9%

White86.9%

Black2.4%

Hispanic6.7%

Asian2.5%

Other1.5%

Education (25+)

32.5%

29.9%

33.3%

No HS diploma4.3%

HS diploma32.5%

Some college29.9%

Bachelor's+33.3%

Housing tenure

66%

34%

Owner66%

Renter34%

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

2023 vs 2026

How ZIP 45840 in Findlay, OH has changed in 5 years

Rent

$1,102 → $1,348

up 22.3%

Income

$57,370 → $68,083

up 18.7%

Population

54,624 → 54,559

down 0.1%

Renter share

35.7% → 34%

-1.7 pts

Bachelor's+

31.4% → 33.3%

+1.9 pts

Median age

38.3 → 38.9

+0.6 yrs

Across the past five years, the going rent in ZIP 45840 in Findlay, OH has shifted from $1,102 to $1,348, up 22.3% since 2023. Household income in the area moved from $57,370 to $68,083 across the same window, up 18.7% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 35.7% to 34%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 45840 in Findlay, OH look reasonable against where the market sat half a decade ago.

Community

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About renting in ZIP 45840

Last updated: October 17, 2026

ZIP code 45840 covers Findlay, OH. The median rent here is $1,348/mo as of October 2026. A 1-bedroom rents for a median of $880/mo. A 2-bedroom rents for a median of $1,150/mo.

At 24% of local median household income ($68,083/yr), ZIP 45840 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 45840?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (about $26/hour full-time) to afford the median rent of $1,348/mo in ZIP 45840. The local median household income is $68,083/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 45840?

Rent in ZIP 45840 has risen 6.9% over the past year as of September 2026. It sits 0.1% below its high of $1,350 in June 2026.

How does ZIP 45840 compare to other ZIPs in Ohio?

ZIP 45840 is in the middle among Ohio ZIP codes for rent, ranking #124 of 229 at $1,348/mo. Over the year to September 2026, rent in ZIP 45840 changed +6.9%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.