Location: Cincinnati, OH | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,270 |
| 1 Bedroom | $1,360 |
| 2 Bedrooms | $1,740 |
| 3 Bedrooms | $2,290 |
| 4 Bedrooms | $2,580 |
| 5 Bedrooms | $2,993 |
| 6 Bedrooms | $3,352 |
| 7 Bedrooms | $3,620 |
| 8 Bedrooms | $3,801 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,360 | $188,841 | 0.72% | D |
| 2BR | $1,740 | $234,580 | 0.74% | D |
| 3BR | $2,290 | $245,760 | 0.93% | C |
| 4BR | $2,580 | $280,946 | 0.92% | C |
| 5BR | $2,993 | $324,870 | 0.92% | C |
U.S. Census Bureau data (2024)
The classification of ZIP 45219 in Cincinnati, Ohio, hinges on an analysis of its financial metrics related to rental yields and stability. The Fair Market Rent (FMR) for the area is set at $1,340 for fiscal year 2024, while the average market rent is $1,551. This indicates that the actual market conditions offer a higher potential yield than the FMR suggests, which could be advantageous for landlords and small-portfolio investors seeking to maximize returns.
Regarding stability, the data shows that 82.9% of the population in ZIP 45219 are renters, suggesting a strong demand for rental properties. However, the lack of available data on days on market (DOM) for vacant units could imply some uncertainty about how quickly properties can be rented out, which might affect cash flow consistency. Additionally, the median household income of $35,657 provides insight into the economic stability of the area; it suggests that tenants may have limited disposable income, which could impact their ability to pay rent consistently, especially if they face financial hardships.
The median home value in ZIP 45219 is $272,999, which is relatively low compared to other areas in the region. This figure is important when considering the potential for property appreciation and the cost of entry for investors looking to purchase properties. However, it also means that there might be a higher concentration of lower-income households, which could correlate with higher tenant turnover and maintenance costs, thus affecting long-term stability.
Given these figures, ZIP 45219 leans towards being a high-yield/medium-stability market. While the higher market rents compared to the FMR suggest attractive returns for investors, the relatively low median income and uncertain DOM data indicate that the stability of cash flows might be somewhat compromised. For landlords and small-portfolio investors, this market offers opportunities for significant rental income but requires careful management to mitigate risks associated with tenant turnover and financial instability.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.