What is the median home value in ZIP 45345 in Montgomery County, OH?

The median home value in ZIP 45345 in Montgomery County, OH is $185,521, according to the latest Census ACS 5-Year Estimates.

How much new construction is happening in Montgomery County, OH?

Montgomery County has 535,528 residents and issued 1,301 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Dayton-Kettering, OH · Ohio

Montgomery County

ZIP 45345

535,528 residents1,301 permits TTM$64,403 median HHI32 ZIP codesUpdated April 16, 2026

Investor first look

Median home value

$167,400

ACS 5-Year

Cap rate proxy

9.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.0%

HUD FMR ÷ ACS HHI

Net migration

+1.65%

IRS SOI

Permits (TTM)

1,301

Census BPS

Climate risk

92.7

FEMA NRI (0–100)

ZIP 45345

Median home value

$185,521

Gross yield

6.9%

Cap rate

6.3%

Rent gap

9.5%

Affordability

P/I: 2.9R/I: —

Section 8 detail

SAFMR: $1,070Rent: $968Gap: 10.5%

ZIP code breakdown32 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
45416	$95,661	$1,480	18.6%	12.1%	34.6%
45354	$167,400county est.	$1,460	10.5%	6.9%	33.7%
45404	$99,996	$1,210	14.5%	13.2%	8.9%
45410	$127,478	$1,250	11.8%	11.0%	6.5%
45402	$73,365	$1,340	21.9%	22.7%	-3.5%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$74,932	$1,170	18.7%	16.4%	12.7%
$85,593	$1,070	15.0%	14.5%	3.2%
$86,308	$1,160	16.1%	14.5%	10.3%
$100,318	$990	11.8%	12.5%	-5.7%
$176,128	$1,170	8.0%	11.6%	-46.1%
$162,471	$1,180	8.7%	9.4%	-8.1%
$221,396	$1,340	7.3%	9.3%	-28.0%
$185,970	$1,300	8.4%	9.1%	-8.5%
$166,334	$1,260	9.1%	8.8%	3.1%
$165,721	$1,270	9.2%	8.7%	5.1%
$241,704	$1,440	7.1%	8.1%	-13.1%
$219,530	$1,400	7.7%	7.8%	-2.1%
$167,400county est.	$1,440	10.3%	6.9%	32.8%
$167,400county est.	$1,250	9.0%	6.9%	22.6%
$167,400county est.	$1,170	8.4%	6.9%	17.3%
$267,451	$1,290	5.8%	6.8%	-17.1%
$185,521	$1,070	6.9%	6.3%	9.5%
$255,127	$1,540	7.2%	6.1%	15.8%
$326,082	$1,490	5.5%	5.4%	0.7%
$239,649	$1,100	5.5%	5.3%	3.0%
$221,058	$1,190	6.5%	5.3%	18.7%
$273,594	$1,210	5.3%	5.2%	2.5%
$413,119	$1,610	4.7%	5.1%	-9.4%
$260,211	$1,180	5.4%	4.5%	18.0%
$263,287	$1,230	5.6%	4.4%	21.3%
$276,358	$1,200	5.2%	4.2%	19.3%
$284,004	$1,380	5.8%	4.1%	29.9%

Demographics

Owner-occupied

62.3%

Census ACS

Vacancy rate

8.8%

Census ACS

Bachelor's degree +

30.5%

Census ACS

Rent burdened

43.0%

Census ACS (>30% income)

Median age

38.8

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 16, 2026

Montgomery County

See all 32 ZIPs ranked by yield and cap rate