JeffCroweCRE

Housing market/Ohio/ZIP 45203

ACS 2023 · FY2027 SAFMR

ZIP 45203 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
2,530
Households
1,193
Median HH income
$33,798
Renter share
67.2%
Median gross rent
$749
Vacancy
7.0%
Pop. change
+4.2%
2BR SAFMR
$1,200
SAFMR / rent
1.602×
2–49 unit stock
524
LIHTC proj / units
9 / 1,034
HUD assisted MF
2 / 431

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 45203 · OH — sent to you.

ZIP 45203 · OH

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ACS rent vs 2BR SAFMR

ZIP 45203 — Cincinnati, OH HUD Section 8 Payment Standards / SAFMR →
ACS median rent$749
2BR SAFMR$1,200
90% floor$1,080
110% ceiling$1,320

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

Housing stock

ACS 2023 units-in-structure · ZCTA 45203

  • 1-unit detached13010.1%
  • 1-unit attached33225.9%
  • 2–4 units16813.1%
  • 5–49 units35627.7%
  • 50+ units29723.1%
TypeUnitsShare
1-unit detached13010.1%
1-unit attached33225.9%
2 units (duplex)947.3%
3–4 units745.8%
5–9 units1209.4%
10–19 units22417.5%
20–49 units120.9%
50+ units29723.1%
Mobile00.0%

2–4 unit share 13.1% · 5–49 unit share 27.7% · combined 2–49 40.8%.

Units by bedrooms

Studio
37
1BR
438
2BR
362
3BR
364
4BR
82
5+
0

Rent burden

Rent ≥30% of income60.4%
Rent ≥50% of income28.2%
  • ACS median gross rent $749 (all bedrooms, occupied rentals).
  • Median contract rent $616.
  • Renters paying ≥30% of income 60.4%; ≥50% 28.2%.
  • FY2027 2BR SAFMR $1,200 (1.602× ACS median gross rent).

Population

2,530 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.2%.

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

Assisted inventory

  • LIHTC: 9 projects, 1,034 units.
  • HUD project-based assisted MF: 2 properties, 431 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 497 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 45203 67.2% of occupied households are renters; vacancy is 7.0%; ACS median gross rent is $749; population increased +4.2% between the 2018 and 2023 ACS vintages; the housing stock includes 168 units in 2–4-unit structures and 356 units in 5–49-unit structures; 9 LIHTC projects totaling 1,034 units; FY2027 2BR SAFMR is $1,200 versus ACS median gross rent of $749. 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 45203 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 45203 — Cincinnati, OH HUD Section 8 Payment Standards / SAFMR·Ohio ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
41001Cincinnati, OH-KY-IN HUD Metro FMR Area9.3%$1,113$1,49041005Cincinnati, OH-KY-IN HUD Metro FMR Area22.3%$1,408$1,84041006Cincinnati, OH-KY-IN HUD Metro FMR Area25.0%$705$1,04041007Cincinnati, OH-KY-IN HUD Metro FMR Area3.4%$1,024$1,30041011Cincinnati, OH-KY-IN HUD Metro FMR Area53.6%$1,011$1,53041012Cincinnati, OH-KY-IN HUD Metro FMR Area——$1,38041014Cincinnati, OH-KY-IN HUD Metro FMR Area47.8%$979$1,29041015Cincinnati, OH-KY-IN HUD Metro FMR Area27.8%$857$1,32041016Cincinnati, OH-KY-IN HUD Metro FMR Area29.4%$1,034$1,30041017Cincinnati, OH-KY-IN HUD Metro FMR Area21.8%$985$1,32041018Cincinnati, OH-KY-IN HUD Metro FMR Area34.4%$1,044$1,38041022Cincinnati, OH-KY-IN HUD Metro FMR Area——$1,680

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 45203?

ZIP 45203 (Cincinnati, OH-KY-IN HUD Metro FMR Area) has 2,530 residents, 1,193 households, a renter share of 67.2%, median household income of $33,798, and ACS 2023 median gross rent of $749. Vacancy is 7.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 45203?

ACS counts 94 units in 2-unit buildings, 74 in 3–4 unit buildings, 120 in 5–9, 224 in 10–19, and 12 in 20–49. Combined 2–49 unit stock is 524 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 45203?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,200. See the full schedule and 90–110% payment-standard band on the ZIP 45203 — Cincinnati, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 45203 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.