Housing market/Ohio/ZIP 45040
ZIP 45040 Mason, 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 45040 · OH — sent to you.
ZIP 45040 · OH
ACS rent vs 2BR SAFMR
ZIP 45040 — Mason, OH HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 45040
- 1-unit detached15,24269.4%
- 1-unit attached2,82212.9%
- 2–4 units6442.9%
- 5–49 units2,63912.0%
- 50+ units4201.9%
- Mobile1930.9%
2–4 unit share 2.9% · 5–49 unit share 12.0% · combined 2–49 14.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,691 (all bedrooms, occupied rentals).
- Median contract rent $1,561.
- Renters paying ≥30% of income 20.4%; ≥50% 9.7%.
- FY2027 2BR SAFMR $2,160 (1.277× ACS median gross rent).
Population
58,132 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +6.7%.
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: 1 properties, 80 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 533 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 45040 21.5% of occupied households are renters; vacancy is 3.0%; ACS median gross rent is $1,691; population increased +6.7% between the 2018 and 2023 ACS vintages; the housing stock includes 644 units in 2–4-unit structures and 2,639 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,160 versus ACS median gross rent of $1,691. 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 45040 is a Census / HUD profile for Cincinnati, OH-KY-IN, OH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 45040 — Mason, OH HUD Section 8 Payment Standards / SAFMR·Ohio ZIP directory
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 45040?
ZIP 45040 (Cincinnati, OH-KY-IN HUD Metro FMR Area) has 58,132 residents, 21,306 households, a renter share of 21.5%, median household income of $131,803, and ACS 2023 median gross rent of $1,691. Vacancy is 3.0%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 45040?
ACS counts 155 units in 2-unit buildings, 489 in 3–4 unit buildings, 1,593 in 5–9, 884 in 10–19, and 162 in 20–49. Combined 2–49 unit stock is 3,283 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 45040?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,160. See the full schedule and 90–110% payment-standard band on the ZIP 45040 — Mason, OH HUD Section 8 Payment Standards / SAFMR.
Does this Ohio ZIP profile include Georgia listings?
No. ZIP 45040 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.