How much is a home worth in ZIP code 45227?

The typical home in 45227 is worth $289,212, based on the Zillow Home Value Index.

Are home values rising in 45227?

Home values in 45227 are down 1.1% over the past year, and up 4.4% a year over five years.

What is the typical rent in 45227?

A typical home in 45227 rents for about $1,653 a month, a gross rental yield of 6.9%.

What is the property tax rate in 45227?

The effective property tax rate in 45227 is 1.7% — roughly $4,935 a year on a typical home.

ZIP code 45227 has a population of 18,893 and a median household income of $71,646.

HousingHandbookReference data

…

U.S. ZIP Code · OH45227

Hamilton County · Cincinnati, OH-KY-IN

Typical home value

$289,212^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.1%
5-year / yr: +4.4%
10-year / yr: +7.9%

Relative price

vs U.S.: +1.8%
vs metro: +1.9%
vs state: +32.2%

Price history

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

The typical home in 45227 is worth $289,212 — 1.9% above the Cincinnati, OH-KY-IN median. Over the past year, values have fallen 1.1%. Homes here rent for a typical $1,653 a month — a 6.9% 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: $1,653^[2]
Gross yield: 6.9%^[2]
Cap rate: 4.1%^[2]

#Property tax

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

Effective tax rate: 1.7%^[3]
Typical annual tax: $4,935^[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: 18,893^[3]
Median household income: $71,646^[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: 6
Elementary: 2
Middle: 1
High: 3

Shroder High School
High · Grades 6–12 · Cincinnati Public Schools
743 students
Mariemont Elementary School
Elementary · Grades K–6 · Mariemont City
499 students
Mariemont High School
High · Grades 9–12 · Mariemont City
452 students
John P. Parker School
Elementary · Grades PK–6 · Cincinnati Public Schools
362 students
Mariemont Junior High School
Middle · Grades 7–8 · Mariemont City
252 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 yield6.9%

Net yield (after ~40% expenses)4.1%

Annual rent$19,836

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$1,462

Loan principal$231,370

Down payment$57,842

Total interest paid$295,099

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 ratio1.28

Monthly cost to own$2,116

Monthly rent$1,653

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: 16th percentile^[1]
Rental yield: 59th percentile^[2]
Property tax: 96th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45227?: The typical home in 45227 is worth $289,212, based on the Zillow Home Value Index.
Are home values rising in 45227?: Home values in 45227 are down 1.1% over the past year, and up 4.4% a year over five years.
What is the typical rent in 45227?: A typical home in 45227 rents for about $1,653 a month, a gross rental yield of 6.9%.
What is the property tax rate in 45227?: The effective property tax rate in 45227 is 1.7% — roughly $4,935 a year on a typical home.
Who lives in 45227?: ZIP code 45227 has a population of 18,893 and a median household income of $71,646.

#Comparable ZIPs

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

47032 vs 45227 →
Moores Hill, IN
Typical home
$290,883
Gross yield
—
45236 vs 45227 →
Kenwood CDP, OH
Typical home
$291,370
Gross yield
7.5%
41035
Dry Ridge, KY
Typical home
$286,897
Gross yield
—
45171
Lake Waynoka CDP, OH
Typical home
$291,698
Gross yield
—
41006
Butler, KY
Typical home
$286,251
Gross yield
—
45064
Somerville CDP, OH
Typical home
$285,204
Gross yield
—

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Pit ZIP 45227 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH45227

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