Location: Cincinnati, OH | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,020 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | $1,840 |
| 4 Bedrooms | $2,080 |
| 5 Bedrooms | $2,413 |
| 6 Bedrooms | $2,703 |
| 7 Bedrooms | $2,919 |
| 8 Bedrooms | $3,065 |
The analysis of ZIP code 45258 in Cincinnati, Ohio, reveals several key points for potential investment.
The rent math does not work favorably due to the lack of market rent data. The Fair Market Rent (FMR) for ZIP 45258 is set at $1150 for fiscal year 2024. However, without specific market rent figures, it's challenging to determine if this FMR aligns with what tenants are willing to pay. This uncertainty can impact the feasibility of rental properties in this area.
Acquisition affordability remains unclear as the median home value, days on market (DOM), and percentage of price cuts are all marked as N/A. These metrics are crucial for understanding how easily properties can be bought and whether they are likely to be overpriced or underpriced relative to the market. The absence of such data makes it difficult to assess the cost-effectiveness of acquiring real estate in ZIP 45258.
Tenant demand appears strong, though specific numbers are unavailable. With a significant portion of the population renting—though the exact percentage is not provided—the need for rental housing is evident. This suggests that finding tenants should not be an issue once a property is available. However, the precise size of the population and the exact renter share would provide a clearer picture of the demand landscape.
In summary, while tenant demand seems robust, the lack of critical data points such as market rent, median home values, DOM, and price-cut percentages complicates a straightforward assessment of ZIP 45258 for investment purposes. Landlords and small-portfolio investors should proceed with caution, seeking additional local insights before committing to acquisitions or setting rents.
Data Sources: FMR data from HUD (2027).
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.