How much is a home worth in ZIP code 45251?

The typical home in 45251 is worth $223,814, based on the Zillow Home Value Index.

Are home values rising in 45251?

Home values in 45251 are up 3.7% over the past year, and up 6.4% a year over five years.

What is the typical rent in 45251?

A typical home in 45251 rents for about $1,491 a month, a gross rental yield of 8.0%.

What is the property tax rate in 45251?

The effective property tax rate in 45251 is 1.4% — roughly $3,103 a year on a typical home.

ZIP code 45251 has a population of 20,254 and a median household income of $74,614.

HousingHandbookReference data

…

U.S. ZIP Code · OH45251

Hamilton County · Cincinnati, OH-KY-IN

Typical home value

$223,814^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.7%
5-year / yr: +6.4%
10-year / yr: +8.3%

Relative price

vs U.S.: -21.2%
vs metro: -21.2%
vs state: +2.3%

Price history

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

The typical home in 45251 is worth $223,814 — 21.2% below the Cincinnati, OH-KY-IN median. Over the past year, values have risen 3.7%. Homes here rent for a typical $1,491 a month — a 8.0% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent: $1,491^[2]
Gross yield: 8.0%^[2]
Cap rate: 4.8%^[2]

#Property tax

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

Effective tax rate: 1.4%^[3]
Typical annual tax: $3,103^[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: 20,254^[3]
Median household income: $74,614^[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: 5
Elementary: 2
Middle: 1
High: 1

Colerain High School
High · Grades 9–12 · Northwest Local
1,754 students
Taylor Elementary School
Elementary · Grades K–5 · Northwest Local
749 students
Colerain Elementary School
Elementary · Grades K–5 · Northwest Local
665 students
Colerain Middle School
Middle · Grades 6–8 · Northwest Local
555 students
Houston Educational Service and Early Childhood Center
Prekindergarten · Grades PK · Northwest Local
219 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 yield8.0%

Net yield (after ~40% expenses)4.8%

Annual rent$17,896

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$1,132

Loan principal$179,051

Down payment$44,763

Total interest paid$228,370

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 ratio1.06

Monthly cost to own$1,577

Monthly rent$1,491

Owning and renting are roughly even.

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: 78th percentile^[1]
Rental yield: 87th percentile^[2]
Property tax: 74th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45251?: The typical home in 45251 is worth $223,814, based on the Zillow Home Value Index.
Are home values rising in 45251?: Home values in 45251 are up 3.7% over the past year, and up 6.4% a year over five years.
What is the typical rent in 45251?: A typical home in 45251 rents for about $1,491 a month, a gross rental yield of 8.0%.
What is the property tax rate in 45251?: The effective property tax rate in 45251 is 1.4% — roughly $3,103 a year on a typical home.
Who lives in 45251?: ZIP code 45251 has a population of 20,254 and a median household income of $74,614.

#Comparable ZIPs

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

45223 vs 45251 →
Cincinnati, OH
Typical home
$225,755
Gross yield
6.9%
45238 vs 45251 →
Cincinnati, OH
Typical home
$221,691
Gross yield
5.6%
45207
Cincinnati, OH
Typical home
$226,213
Gross yield
8.6%
45032
Harveysburg, OH
Typical home
$227,140
Gross yield
—
45231
New Burlington CDP, OH
Typical home
$218,095
Gross yield
9.2%
45218
Greenhills, OH
Typical home
$231,387
Gross yield
—

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#Jump to section

U.S. ZIP Code · OH45251

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