How much is a home worth in ZIP code 45215?

The typical home in 45215 is worth $240,688, based on the Zillow Home Value Index.

Are home values rising in 45215?

Home values in 45215 are up 0.8% over the past year, and up 5.4% a year over five years.

What is the typical rent in 45215?

A typical home in 45215 rents for about $1,409 a month, a gross rental yield of 7.0%.

What is the property tax rate in 45215?

The effective property tax rate in 45215 is 1.7% — roughly $4,046 a year on a typical home.

ZIP code 45215 has a population of 30,586 and a median household income of $69,372.

HousingHandbookReference data

…

U.S. ZIP Code · OH45215

Hamilton County · Cincinnati, OH-KY-IN

Typical home value

$240,688^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.8%
5-year / yr: +5.4%
10-year / yr: +7.0%

Relative price

vs U.S.: -15.3%
vs metro: -15.2%
vs state: +10.1%

Price history

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

The typical home in 45215 is worth $240,688 — 15.2% below the Cincinnati, OH-KY-IN median. Over the past year, values have risen 0.8%. Homes here rent for a typical $1,409 a month — a 7.0% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

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

Monthly rent: $1,409^[2]
Gross yield: 7.0%^[2]
Cap rate: 4.2%^[2]

#Property tax

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

Effective tax rate: 1.7%^[3]
Typical annual tax: $4,046^[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: 30,586^[3]
Median household income: $69,372^[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: 12
Elementary: 8
Middle: 1
High: 3

Reading Elementary School
Elementary · Grades PK–6 · Reading Community City
776 students
Reading Junior Senior High School
High · Grades 7–12 · Reading Community City
666 students
Wyoming Middle School
Middle · Grades 5–8 · Wyoming City
634 students
Cincinnati Classical Academy
Elementary · Grades K–7 · Cincinnati Classical Academy
602 students
Wyoming High School
High · Grades 9–12 · Wyoming City
587 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.

Home value$Monthly rent$

Gross yield7.0%

Net yield (after ~40% expenses)4.2%

Annual rent$16,913

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,217

Loan principal$192,551

Down payment$48,138

Total interest paid$245,588

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.24

Monthly cost to own$1,755

Monthly rent$1,409

Renting 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: 40th percentile^[1]
Rental yield: 65th percentile^[2]
Property tax: 94th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45215?: The typical home in 45215 is worth $240,688, based on the Zillow Home Value Index.
Are home values rising in 45215?: Home values in 45215 are up 0.8% over the past year, and up 5.4% a year over five years.
What is the typical rent in 45215?: A typical home in 45215 rents for about $1,409 a month, a gross rental yield of 7.0%.
What is the property tax rate in 45215?: The effective property tax rate in 45215 is 1.7% — roughly $4,046 a year on a typical home.
Who lives in 45215?: ZIP code 45215 has a population of 30,586 and a median household income of $69,372.

#Comparable ZIPs

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

47024 vs 45215 →
Laurel, IN
Typical home
$238,874
Gross yield
—
45121 vs 45215 →
Georgetown, OH
Typical home
$238,259
Gross yield
—
45168
Russellville, OH
Typical home
$237,948
Gross yield
—
41018
Erlanger, KY
Typical home
$237,045
Gross yield
6.3%
45130
Hamersville, OH
Typical home
$244,688
Gross yield
—
45042
Middletown, OH
Typical home
$244,758
Gross yield
6.4%

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Pit ZIP 45215 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH45215

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