Dayton,
rental market profile.

Official area medians, state comparisons and a transparent starting point for analyzing a rental property in Dayton, Ohio.

Population136.6KACS estimate
Median household income$45,247annual
Median gross rent$918monthly
Median home value$100,600owner-occupied
Median property tax$1,673annual · owner-occupied
Effective tax reference1.66%median tax ÷ median value
State HO-3 premium$1,1162023 homeowner reference
Housing vacancy16.9%all housing units
Gross rent-to-value10.95%annual rent ÷ home value
Rent-to-income reference24.3%annual rent ÷ income

Source: U.S. Census Bureau, American Community Survey 2024 5-year estimates. Estimates cover 2020–2024. Insurance context: NAIC 2023 Homeowners Insurance Report. Ratios are derived from area medians and are not a property cap rate, affordability decision, insurance quote or expected return.

How Dayton compares.

Dayton’s median gross rent is 11.2% below the Ohio median, while its median owner-occupied home value is 53.2% below the state reference. Median household income is 36.6% below the statewide estimate.

The gross rent-to-value reference is 10.95%. It simply annualizes the area’s median gross rent and divides it by the area’s median home value. It does not subtract vacancy, taxes, insurance, maintenance, management, financing or capital reserves.

Dayton baseline comparison
MetricCityDaytonStateOhioCountryUnited States
Median gross rent$918$1,034$1,413
Median home value$100,600$214,800$332,700
Household income$45,247$71,389$80,734
Median annual property tax$1,673$2,822$3,119
Housing vacancy16.9%8.1%10.1%
Rent vs baseline—-11.2%-35.0%

Test a Dayton baseline.

Load the area medians for purchase price, rent and annual property tax, then replace every assumption with property-specific figures and current quotes.

What this profile can—and cannot—tell you.

Use area data to compare markets before researching a specific address.

Useful for screening

Population, income, rent and home-value medians provide a consistent first comparison across markets.

Property facts still matter

Verify achievable rent, taxes, insurance, condition, financing and local rules for the exact property.

Vacancy needs context

The ACS figure covers all housing units. It is not the vacancy allowance to enter in rental underwriting.