HousingHandbookReference data

U.S. ZIP Code · OH45203

Hamilton County · Cincinnati, OH-KY-IN

Typical home value

$360,512[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.3%
5-year / yr
+4.8%
10-year / yr
+5.7%

Relative price

vs U.S.
+26.9%
vs metro
+27.0%
vs state
+64.9%
ZIP 45203 location in OH
Location of ZIP 45203 in OH

Price history

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

The typical home in 45203 is worth $360,512 — 27.0% above the Cincinnati, OH-KY-IN median. Over the past year, values have fallen 0.3%. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.6%[3]
Typical annual tax
$5,892[3]

#Climate risk

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

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

#Who lives here

Population
2,436[3]
Median household income
$21,973[3]

#Migration

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

Net migration
-1,903[5]
Moved in
18,761
Moved out
20,664

Schools

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

Public schools
4
Elementary
1
Middle
0
High
1
  • Cincinnati Digital Academy

    Other · Grades K–12 · Cincinnati Public Schools

    516 students

  • George Hays-Jennie Porter School

    Elementary · Grades PK–6 · Cincinnati Public Schools

    280 students

  • Virtual High School

    High · Grades 9–12 · Cincinnati Public Schools

    256 students

  • Rising Stars at Ezzard Charles

    Prekindergarten · Grades PK · Cincinnati Public Schools

    36 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,823
Loan principal$288,410
Down payment$72,102
Total interest paid$367,851

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 ratio
Monthly cost to own$2,613
Monthly rent

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
20th percentile[1]
Rental yield
[2]
Property tax
93rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 45203?
The typical home in 45203 is worth $360,512, based on the Zillow Home Value Index.
Are home values rising in 45203?
Home values in 45203 are down 0.3% over the past year, and up 4.8% a year over five years.
What is the property tax rate in 45203?
The effective property tax rate in 45203 is 1.6% — roughly $5,892 a year on a typical home.
Who lives in 45203?
ZIP code 45203 has a population of 2,436 and a median household income of $21,973.

#Comparable ZIPs

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

  • Forestville CDP, OH

    Typical home
    $358,049
    Gross yield
    5.8%
  • Blue Jay CDP, OH

    Typical home
    $353,735
    Gross yield
  • Mentor, KY

    Typical home
    $352,218
    Gross yield
  • Walton, KY

    Typical home
    $351,632
    Gross yield
  • Monroe, OH

    Typical home
    $351,215
    Gross yield
    7.7%
  • Mack CDP, OH

    Typical home
    $350,738
    Gross yield
    4.8%

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