How much is a home worth in ZIP code 45429?

The typical home in 45429 is worth $275,162, based on the Zillow Home Value Index.

Are home values rising in 45429?

Home values in 45429 are up 3.4% over the past year, and up 6.6% a year over five years.

What is the typical rent in 45429?

A typical home in 45429 rents for about $1,519 a month, a gross rental yield of 6.6%.

What is the property tax rate in 45429?

The effective property tax rate in 45429 is 1.8% — roughly $4,883 a year on a typical home.

ZIP code 45429 has a population of 26,347 and a median household income of $80,210.

HousingHandbookReference data

…

U.S. ZIP Code · OH45429

Montgomery County · Dayton-Kettering-Beavercreek, OH

Typical home value

$275,162^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.4%
5-year / yr: +6.6%
10-year / yr: +7.1%

Relative price

vs U.S.: -3.1%
vs metro: +12.1%
vs state: +25.8%

Price history

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

The typical home in 45429 is worth $275,162 — 12.1% above the Dayton-Kettering-Beavercreek, OH median. Over the past year, values have risen 3.4%. Homes here rent for a typical $1,519 a month — a 6.6% gross rental yield. The effective property tax rate is 1.8%.

#Rent & investment

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

Monthly rent: $1,519^[2]
Gross yield: 6.6%^[2]
Cap rate: 4.0%^[2]

#Property tax

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

Effective tax rate: 1.8%^[3]
Typical annual tax: $4,883^[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: 26,347^[3]
Median household income: $80,210^[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: 5
Elementary: 3
Middle: 1
High: 1

Kettering Fairmont High School
High · Grades 9–12 · Kettering City School District
2,525 students
Van Buren Middle School
Middle · Grades 6–8 · Kettering City School District
607 students
Oakview Elementary School
Elementary · Grades PK–5 · Kettering City School District
479 students
Driscoll Elementary School
Elementary · Grades 2–5 · Centerville City
279 students
Julian & Marjorie Lange School Elementary School
Elementary · Grades K · Oakwood City
115 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 yield6.6%

Net yield (after ~40% expenses)4.0%

Annual rent$18,231

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$1,391

Loan principal$220,130

Down payment$55,032

Total interest paid$280,763

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 ratio1.33

Monthly cost to own$2,027

Monthly rent$1,519

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: 69th percentile^[1]
Rental yield: 30th percentile^[2]
Property tax: 76th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45429?: The typical home in 45429 is worth $275,162, based on the Zillow Home Value Index.
Are home values rising in 45429?: Home values in 45429 are up 3.4% over the past year, and up 6.6% a year over five years.
What is the typical rent in 45429?: A typical home in 45429 rents for about $1,519 a month, a gross rental yield of 6.6%.
What is the property tax rate in 45429?: The effective property tax rate in 45429 is 1.8% — roughly $4,883 a year on a typical home.
Who lives in 45429?: ZIP code 45429 has a population of 26,347 and a median household income of $80,210.

#Comparable ZIPs

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

45335 vs 45429 →
Shawnee Hills CDP, OH
Typical home
$272,394
Gross yield
—
45309 vs 45429 →
Brookville, OH
Typical home
$270,742
Gross yield
—
45419
Oakwood, OH
Typical home
$281,555
Gross yield
6.2%
45327
Germantown, OH
Typical home
$268,371
Gross yield
—
45373
Troy, OH
Typical home
$283,091
Gross yield
6.1%
45315
Clayton, OH
Typical home
$283,790
Gross yield
—

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Pit ZIP 45429 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH45429

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