Rental Markets in Ohio

DoorBase tracks rental market data across Ohio by ZIP code. This state page is a crawlable index for investors comparing rents, cap-rate estimates, vacancy, demographics, home values, renter share, household income, and employment conditions before drilling into individual ZIP pages.

Ohio Rental Market Overview

The current sample of indexable Ohio ZIP markets shows average median rent of $1,515, average median home value of $296,369, average cap-rate high of 4.8%, average vacancy of 6.8%, renter ratio near 35.8%, and median household income around $79,379. These statewide figures are directional and should be used to compare markets before reviewing a specific ZIP code.

Ohio is not one rental market. Large cities, inner suburbs, commuter towns, college markets, rural counties, resort areas, and industrial corridors can produce very different rent levels and ownership economics. DoorBase keeps the canonical content at the ZIP level so investors can move from a broad state view into the most precise local data available.

Featured Ohio ZIP Markets

ZIP	City	Rent	Cap Rate	Vacancy	Population
45011	Hamilton	$1,937	2.9-4.5%	6.5%	74,636
43123	Grove City	$1,615	2.7-4.3%	4.8%	66,366
43026	Hilliard	$1,608	2.2-3.8%	2.9%	64,644
44256	Medina	$1,925	2.8-4.4%	4%	64,606
43081	Westerville	$1,628	2.5-4.1%	4.3%	64,314
43055	Newark	$1,387	3.2-4.8%	7.2%	62,697
43130	Lancaster	$1,245	2.4-4%	6.4%	62,450
44035	Elyria	$1,292	4.1-5.7%	9.4%	62,024
44060	Mentor	$1,658	3.5-5.1%	4.6%	60,257
43230	Columbus	$1,557	2.4-4%	4.4%	59,522
43068	Reynoldsburg	$1,566	3-4.6%	3.7%	59,399
43015	Delaware	$1,645	2.1-3.7%	4.7%	59,027
43228	Columbus	$1,273	3.3-4.9%	5.6%	58,607
45040	Mason	$2,162	2.3-3.9%	3.1%	58,132
44077	Painesville	$1,478	3.3-4.9%	5.6%	57,947
45140	Loveland	$1,753	2-3.6%	4.1%	56,854
45601	Chillicothe	$990	2.7-4.3%	7.6%	56,453
43701	Zanesville	$1,021	2.8-4.4%	10.6%	55,674
45069	West Chester	$1,891	2.4-4%	3.3%	55,635
43302	Marion	$1,211	4.3-5.9%	10.3%	54,581
45044	Middletown	$1,527	3.3-4.9%	7.4%	54,452
45840	Findlay	$1,456	3.5-5.1%	6.5%	54,342
43229	Columbus	$1,335	2.7-4.3%	6.5%	54,237
45013	Hamilton	$1,308	2.6-4.2%	6.1%	53,533
44107	Lakewood	$1,411	2.6-4.2%	8.4%	50,384
45424	Dayton	$1,290	3.3-4.9%	4.7%	49,871
44130	Parma	$1,272	3-4.6%	4.3%	49,778
45238	Cincinnati	$1,052	2.6-4.2%	5.3%	48,936
44646	Massillon	$1,099	2.7-4.3%	5.4%	48,283
43232	Columbus	$1,356	3.7-5.3%	7.7%	46,844
43207	Columbus	$1,298	3.8-5.4%	9.6%	46,810
43147	Pickerington	$2,030	2.7-4.3%	4.5%	45,929
44212	Brunswick	$1,653	2.9-4.5%	3%	45,817
45014	Fairfield	$1,336	2.6-4.2%	6.2%	45,652
43065	Powell	$2,334	2.2-3.8%	4.7%	45,284
43235	Columbus	$1,436	2.2-3.8%	4.1%	45,171
43016	Dublin	$1,658	1.9-3.5%	5.5%	44,514
44691	Wooster	$1,369	2.9-4.5%	6.5%	44,390
43224	Columbus	$1,168	3.4-5%	8.7%	44,096
43551	Perrysburg	$1,646	2.7-4.3%	4.9%	43,568
43204	Columbus	$1,392	4.2-5.8%	9.2%	43,444
45036	Lebanon	$1,872	2.5-4.1%	5.8%	43,262
43017	Dublin	$2,010	1.7-3.3%	4.6%	41,422
45324	Fairborn	$1,530	4.5-6.1%	7%	41,273
43110	Canal Winchester	$1,653	2.8-4.4%	6.1%	40,896
45231	Cincinnati	$1,562	4.4-6%	4.8%	40,852
43615	Toledo	$1,300	4.4-6%	4.7%	40,813
44118	Cleveland Heights	$1,558	3.6-5.2%	8.8%	40,389
44102	Cleveland	$1,329	6.3-7.9%	16.5%	40,178
45385	Xenia	$1,454	3.2-4.8%	6.7%	40,057
44124	Lyndhurst	$1,638	3.8-5.4%	5.2%	40,046
44111	Cleveland	$1,268	4.8-6.4%	8.5%	39,950
44870	Sandusky	$1,679	5.7-7.3%	15.4%	39,817
44720	Canton	$1,582	3.1-4.7%	5.2%	39,656
44203	Barberton	$1,320	4.3-5.9%	7.3%	38,705
44224	Stow	$1,652	3.2-4.8%	6.2%	38,512
44134	Parma	$1,664	4.8-6.4%	5.3%	38,231
44109	Cleveland	$1,121	4.5-6.1%	16%	38,098
44240	Kent	$1,579	3.7-5.3%	17.1%	37,889
43040	Marysville	$1,510	2.1-3.7%	2.7%	37,582

Notable ZIP Markets in This Sample

The highest estimated cap-rate band in this sample tops out at 11.9% in ZIP 44105 (Cleveland).

The lowest vacancy in this sample is 2.0% in ZIP 45150 (Milford).

The highest median rent in this sample is $2,334 in ZIP 43065 (Powell).

The highest median household income in this sample is $154,797 in ZIP 43065 (Powell).

Rental Markets by City

Columbus

Columbus has 11 ZIP codes in this sample. Median rents range from $1,168 to $1,851. Estimated cap-rate bands reach up to 5.8% at the high end. Vacancy averages 7.4%. See ZIP 43230 for the full market profile.

Cleveland

Cleveland has 4 ZIP codes in this sample. Median rents range from $1,121 to $1,329. Estimated cap-rate bands reach up to 11.9% at the high end. Vacancy averages 14.4%. See ZIP 44102 for the full market profile.

Cincinnati

Cincinnati has 3 ZIP codes in this sample. Median rents range from $1,052 to $1,562. Estimated cap-rate bands reach up to 6.0% at the high end. Vacancy averages 6.4%. See ZIP 45238 for the full market profile.

Hamilton

Hamilton has 2 ZIP codes in this sample. Median rents range from $1,308 to $1,937. Estimated cap-rate bands reach up to 4.5% at the high end. Vacancy averages 6.3%. See ZIP 45011 for the full market profile.

Westerville

Westerville has 2 ZIP codes in this sample. Median rents range from $1,628 to $1,745. Estimated cap-rate bands reach up to 4.1% at the high end. Vacancy averages 4.2%. See ZIP 43081 for the full market profile.

Delaware

Delaware has 2 ZIP codes in this sample. Median rents range from $1,645 to $1,802. Estimated cap-rate bands reach up to 3.7% at the high end. Vacancy averages 3.9%. See ZIP 43015 for the full market profile.

Parma

Parma has 2 ZIP codes in this sample. Median rents range from $1,272 to $1,664. Estimated cap-rate bands reach up to 6.4% at the high end. Vacancy averages 4.8%. See ZIP 44130 for the full market profile.

Dublin

Dublin has 2 ZIP codes in this sample. Median rents range from $1,658 to $2,010. Estimated cap-rate bands reach up to 3.5% at the high end. Vacancy averages 5.0%. See ZIP 43016 for the full market profile.

Grove City

Grove City has 1 ZIP code in this sample. Sample median rent is $1,615. Estimated cap-rate bands reach up to 4.3% at the high end. Vacancy averages 4.8%. See ZIP 43123 for the full market profile.

Hilliard

Hilliard has 1 ZIP code in this sample. Sample median rent is $1,608. Estimated cap-rate bands reach up to 3.8% at the high end. Vacancy averages 2.9%. See ZIP 43026 for the full market profile.

Medina

Medina has 1 ZIP code in this sample. Sample median rent is $1,925. Estimated cap-rate bands reach up to 4.4% at the high end. Vacancy averages 4.0%. See ZIP 44256 for the full market profile.

Newark

Newark has 1 ZIP code in this sample. Sample median rent is $1,387. Estimated cap-rate bands reach up to 4.8% at the high end. Vacancy averages 7.2%. See ZIP 43055 for the full market profile.

How to Use the Ohio Directory

Start with the state page to understand the range of rental markets, then open individual ZIP pages for the numbers that matter most to underwriting. A state average can hide important local differences. One ZIP may have stronger rent growth and lower vacancy while a nearby ZIP has better purchase prices but weaker renter demand.

The most useful investor workflow is to compare rent, cap rate, vacancy, home value, renter ratio, household income, population growth, unemployment, and job growth together. No single number is enough. A high cap-rate estimate can be offset by weak income, high vacancy, or limited tenant demand. A lower cap-rate estimate can still make sense if the market has strong income, job growth, and durable renter demand.

State Coverage and Internal Links

This page links into the canonical ZIP URL structure, such as /rentals/oh/30318, without bringing back city parent pages. That structure keeps DoorBase clean for search engines: state pages organize the directory, ZIP pages hold the canonical data, and future market guides can exist separately as heavier editorial SEO hubs.

DoorBase currently tracks 80 sampled ZIP markets across 60 Ohio cities in this crawlable state summary. The live React page may show a broader interactive directory after JavaScript loads, while this fallback body ensures crawlers receive meaningful text and links immediately.