How much is a home worth in ZIP code 45402?

The typical home in 45402 is worth $74,194, based on the Zillow Home Value Index.

Are home values rising in 45402?

Home values in 45402 are down 8.5% over the past year, and up 3.5% a year over five years.

What is the typical rent in 45402?

A typical home in 45402 rents for about $1,334 a month, a gross rental yield of 21.6%.

What is the property tax rate in 45402?

The effective property tax rate in 45402 is 1.6% — roughly $1,168 a year on a typical home.

ZIP code 45402 has a population of 9,407 and a median household income of $48,401.

HousingHandbookReference data

…

U.S. ZIP Code · OH45402

Montgomery County · Dayton-Kettering-Beavercreek, OH

Typical home value

$74,194^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -8.5%
5-year / yr: +3.5%
10-year / yr: +8.9%

Relative price

vs U.S.: -73.9%
vs metro: -69.8%
vs state: -66.1%

Price history

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

The typical home in 45402 is worth $74,194 — 69.8% below the Dayton-Kettering-Beavercreek, OH median. Over the past year, values have fallen 8.5%. Homes here rent for a typical $1,334 a month — a 21.6% gross rental yield. 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: $1,334^[2]
Gross yield: 21.6%^[2]
Cap rate: 12.9%^[2]

#Property tax

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

Effective tax rate: 1.6%^[3]
Typical annual tax: $1,168^[3]

#Climate risk

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

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

#Who lives here

Population: 9,407^[3]
Median household income: $48,401^[3]

#Migration

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

Net migration: -392^[5]
Moved in: 12,762
Moved out: 13,154

Schools

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

Public schools: 15
Elementary: 4
Middle: 0
High: 8

Stivers School For The Arts
High · Grades 7–12 · Dayton City
835 students
David H. Ponitz Career Technology Center
High · Grades 9–12 · Dayton City
773 students
Alliance Community Schools Inc. dba Dayton Leadership Acade
Elementary · Grades K–8 · Alliance Community Schools Inc. dba Dayton Leadership Acade
481 students
Edison Elementary School
Elementary · Grades PK–6 · Dayton City
365 students
Liberty High School
High · Grades 10–12 · Liberty High School
350 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 yield21.6%

Net yield (after ~40% expenses)12.9%

Annual rent$16,010

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$375

Loan principal$59,355

Down payment$14,839

Total interest paid$75,705

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 ratio0.40

Monthly cost to own$534

Monthly rent$1,334

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: 2nd percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 55th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for highest rental yield in OHView list →

Frequently asked

How much is a home worth in ZIP code 45402?: The typical home in 45402 is worth $74,194, based on the Zillow Home Value Index.
Are home values rising in 45402?: Home values in 45402 are down 8.5% over the past year, and up 3.5% a year over five years.
What is the typical rent in 45402?: A typical home in 45402 rents for about $1,334 a month, a gross rental yield of 21.6%.
What is the property tax rate in 45402?: The effective property tax rate in 45402 is 1.6% — roughly $1,168 a year on a typical home.
Who lives in 45402?: ZIP code 45402 has a population of 9,407 and a median household income of $48,401.

#Comparable ZIPs

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

45417 vs 45402 →
Dayton, OH
Typical home
$75,489
Gross yield
17.4%
45405 vs 45402 →
Dayton, OH
Typical home
$90,597
Gross yield
13.7%
45406
Dayton, OH
Typical home
$91,051
Gross yield
14.3%
45416
Trotwood, OH
Typical home
$96,510
Gross yield
15.2%
45404
Dayton, OH
Typical home
$105,223
Gross yield
12.0%
45403
Dayton, OH
Typical home
$107,214
Gross yield
11.5%

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Pit ZIP 45402 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH45402

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