Housing market/Ohio/ZIP 45241

ACS 2023 · FY2027 SAFMR

ZIP 45241 Cincinnati, Ohio

Cincinnati, OH-KY-IN HUD Metro FMR Area · Ohio. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
23,545
Households
10,599
Median HH income
$94,943
Renter share
26.4%
Median gross rent
$1,137
Vacancy
4.8%
Pop. change
-3.4%
2BR SAFMR
$1,540
SAFMR / rent
1.354×
2–49 unit stock
2,343
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 45241 · OH — sent to you.

ZIP 45241 · OH

ACS median rent$1,137
2BR SAFMR$1,540
90% floor$1,386
110% ceiling$1,694

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 45241

  • 1-unit detached7,14664.3%
  • 1-unit attached8637.8%
  • 2–4 units5805.2%
  • 5–49 units1,76315.9%
  • 50+ units4063.7%
  • Mobile3593.2%
TypeUnitsShare
1-unit detached7,14664.2%
1-unit attached8637.8%
2 units (duplex)2262.0%
3–4 units3543.2%
5–9 units4974.5%
10–19 units8487.6%
20–49 units4183.8%
50+ units4063.6%
Mobile3593.2%

2–4 unit share 5.2% · 5–49 unit share 15.8% · combined 2–49 21.0%.

Units by bedrooms

Studio
313
1BR
1,000
2BR
2,428
3BR
3,355
4BR
3,304
5+
731

Rent burden

Rent ≥30% of income36.9%
Rent ≥50% of income16.3%
  • ACS median gross rent $1,137 (all bedrooms, occupied rentals).
  • Median contract rent $1,081.
  • Renters paying ≥30% of income 36.9%; ≥50% 16.3%.
  • FY2027 2BR SAFMR $1,540 (1.354× ACS median gross rent).

Population

23,545 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 617 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 45241 26.4% of occupied households are renters; vacancy is 4.8%; ACS median gross rent is $1,137; population changed -3.4% between the 2018 and 2023 ACS vintages; the housing stock includes 580 units in 2–4-unit structures and 1,763 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,540 versus ACS median gross rent of $1,137. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Ohio research

ZIP 45241 is a Census / HUD profile for Cincinnati, OH-KY-IN, OH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Ohio research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 45241?

ZIP 45241 (Cincinnati, OH-KY-IN HUD Metro FMR Area) has 23,545 residents, 10,599 households, a renter share of 26.4%, median household income of $94,943, and ACS 2023 median gross rent of $1,137. Vacancy is 4.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 45241?

ACS counts 226 units in 2-unit buildings, 354 in 3–4 unit buildings, 497 in 5–9, 848 in 10–19, and 418 in 20–49. Combined 2–49 unit stock is 2,343 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 45241?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,540. See the full schedule and 90–110% payment-standard band on the ZIP 45241 — Cincinnati, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 45241 is Census / HUD research for Cincinnati, OH-KY-IN HUD Metro FMR Area. Jeff Crowe CRE does not list Ohio property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.