HousingHandbookReference data

U.S. ZIP Code · OH45015

Butler County · Cincinnati, OH-KY-IN

Typical home value

$178,824[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.7%
5-year / yr
+5.8%
10-year / yr
+8.4%

Relative price

vs U.S.
-37.0%
vs metro
-37.0%
vs state
-18.2%
ZIP 45015 location in OH
Location of ZIP 45015 in OH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 45015 is worth $178,824 — 37.0% below the Cincinnati, OH-KY-IN median. Over the past year, values have risen 2.7%. Homes here rent for a typical $1,415 a month — a 9.5% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,415[2]
Gross yield
9.5%[2]
Cap rate
5.7%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.2%[3]
Typical annual tax
$2,100[3]

#Climate risk

FEMA National Risk Index ratings for Butler County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
11,038[3]
Median household income
$48,312[3]

#Migration

Household moves in and out of Butler County over a year, from IRS tax-return data.

Net migration
-187[5]
Moved in
9,725
Moved out
9,912

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Linden Elementary School

    Elementary · Grades PK–6 · Hamilton City

    632 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield9.5%
Net yield (after ~40% expenses)5.7%
Annual rent$16,980

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$904
Loan principal$143,059
Down payment$35,765
Total interest paid$182,464

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.87
Monthly cost to own$1,228
Monthly rent$1,415

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
55th percentile[1]
Rental yield
93rd percentile[2]
Property tax
55th percentile[3]

Frequently asked

How much is a home worth in ZIP code 45015?
The typical home in 45015 is worth $178,824, based on the Zillow Home Value Index.
Are home values rising in 45015?
Home values in 45015 are up 2.7% over the past year, and up 5.8% a year over five years.
What is the typical rent in 45015?
A typical home in 45015 rents for about $1,415 a month, a gross rental yield of 9.5%.
What is the property tax rate in 45015?
The effective property tax rate in 45015 is 1.2% — roughly $2,100 a year on a typical home.
Who lives in 45015?
ZIP code 45015 has a population of 11,038 and a median household income of $48,312.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Covington, KY

    Typical home
    $178,999
    Gross yield
    8.2%
  • Cincinnati, OH

    Typical home
    $175,755
    Gross yield
  • Ripley, OH

    Typical home
    $186,195
    Gross yield
  • Silver Grove, KY

    Typical home
    $193,550
    Gross yield
  • Augusta, KY

    Typical home
    $194,641
    Gross yield
  • Cincinnati, OH

    Typical home
    $162,811
    Gross yield

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