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Rental Insights for ZIP Code 45659 (Pedro, OH)

Housing Rentals in ZIP Code 45659 (Pedro, OH)

45659 ZIP Code in Ohio

Learn About Housing Rentals in the ZIP Code 45659

ZIP Code 45659 is primarily located in Pedro, OH in Lawrence County. The median housing rent payment in this region of Ohio is $849 per month. Approximately 16.1% of housing units in this Lawrence County ZIP Code are renter-occupied, and the region has an estimated vacancy rate of zero.

The median rent in ZIP Code 45659 of $849 per month is 5% higher than the aggregate Ohio median monthly rent of $808, and is 20% lower than the $1,062 the median monthly rent in the U.S. overall. About 79.6% of renters in ZIP Code 45659 pay between $500 and $999 per month for housing. That is 37% higher than in Ohio overall, in which 58.3% of total state residents pay between $500 and $999 per month for housing. Just 20.4% of renters in this Pedro, OH region pay between $1,000 and $1,499 for monthly rent.

ZIP Code 45659 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 45659

See the chart below for a comparison of monthly rental costs in ZIP Code 45659, Ohio, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 45659 along with those in the state of Ohio and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 45659

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 45659 Ohio U.S.
Less than $500 0.0% 13.5% 9.4%
$500 to $999 79.6% 58.3% 36.2%
$1,000 to $1,499 20.4% 22.3% 30.0%
$1,500 to $1,999 0.0% 4.1% 14.0%
$2,000 to $2,499 0.0% 1.0% 5.6%
$2,500 to $2,999 0.0% 0.3% 2.4%
$3,000 or more 0.0% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 45659

Renters in ZIP Code 45659 use an estimated 36.01% of their income to cover their monthly rent payments. That is about 26% higher than in Ohio overall. The estimate for Ohio overall is 28.47% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 45659 renters use about 21% more of their income to cover rent expense. Household income figures for ZIP Code 45659 come in lower than in Ohio as a whole. The median annual household income in ZIP Code 45659 of $33,628 sits approximately 41% lower than the overall Ohio median income of $56,602 and approximately 46% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 45659

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 45659, Ohio, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 45659 along with the same calculations in the state of Ohio and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 45659

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 45659 Ohio U.S.
Less than 15.0 percent 0.0% 15.9% 13.1%
15.0 to 19.9 percent 0.0% 14.5% 12.9%
20.0 to 24.9 percent 8.2% 13.0% 12.9%
25.0 to 29.9 percent 27.6% 11.7% 11.6%
30.0 to 34.9 percent 7.1% 8.4% 9.1%
35.0 percent or more 57.1% 36.4% 40.5%

Household Income in ZIP Code 45659

See the table below for the regional comparison of annual household income in ZIP Code 45659.

Income ZIP 45659 Ohio U.S.
Less than $10,000 19.3% 6.8% 6.0%
$10,000 to $14,999 4.0% 4.6% 4.3%
$15,000 to $24,999 9.1% 9.9% 8.9%
$25,000 to $34,999 21.6% 9.8% 8.9%
$35,000 to $49,999 9.4% 13.4% 12.3%
$50,000 to $74,999 13.0% 18.3% 17.2%
$75,000 to $99,999 7.3% 13.0% 12.7%
$100,000 to $149,999 14.5% 14.1% 15.1%
$150,000 to $199,999 1.7% 5.3% 6.8%
$200,000 or more 0.0% 4.9% 7.7%

Household Income in ZIP Code 45659

See the chart below for a comparison of annual household income figures in ZIP Code 45659, Ohio, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 45659 alongside the same figures for the state of Ohio and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 45659

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 45659.

ZIP 45659 Ohio U.S.
Median Housing Rent $849 $808 $1,062
Renter-Occupied Housing Units 16.1% 33.9% 36.0%
Rental Vacancy Rate 0.0% 5.3% 6.0%
Average Size of Renter-Occupied Unit 3.39 2.23 2.49
Average # of Bedrooms Per Unit 2.76 2.78 2.75
Percent of Income Spent on Rent 36.01% 28.47% 29.83%
Per Capita Income $18,994 $31,552 $34,103
Median Household Income $49,014 $76,958 $88,607
Living Below the Poverty Line 24.9% 9.9% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 45659

In ZIP Code 45659 (Pedro, OH), and estimated 16.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 45659 is estimated at $18,994, which goes along with an estimated median household income of $49,014. About 24.9% of residents in this Lawrence County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.39 occupants, while the units have an aggregate average size of 2.76 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 36.01% of their income on housing rental costs.

Rental FAQs for ZIP Code 45659

1

What is the median monthly rent in ZIP Code 45659?

Median rent for housing in ZIP Code 45659 in Lawrence County in Ohio is approximately $849 per month.
2

Is it expensive to rent in ZIP Code 45659?

Rent in ZIP Code 45659 is higher than average in the state of Ohio overall. The median monthly rent of $849 in ZIP Code 45659 is approximately 5% higher than the Ohio median of $808. Additionally, median rent in this Pedro, OH region ($849) is about 20% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 45659?

High-priced rentals are not common in the Pedro, OH ZIP Code of 45659, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Ohio overall, approximately 0.4% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 45659?

Affordable rentals are more common in ZIP Code 45659 than in Ohio overall. The percentage of housing rentals in ZIP Code 45659 costing $999 or less per month (79.6%) is approximately 11% higher than the Ohio rate of 71.8% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 75% lower than the previously mentioned 45659 rate of 79.6%.
5

What is the most common cost range that rentals fall into in ZIP Code 45659?

The most common range for rental cost in ZIP Code 45659 is between $500 and $999 per month. About 79.6% of renters in 45659 pay in this range for monthly rent. In comparison, approximately 58.3% of renters in the state of Ohio fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 45659 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 45659 is lower than the rental vacancy rate in the state of Ohio overall. Rental vacancy of 0.0% in ZIP Code 45659 is about 100% lower than the Ohio rate of 5.3%. Looking more broadly, rental vacancy in this Pedro, OH region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 45659? How does it compare to other Ohio regions?

Median household income in ZIP Code 45659 is lower than in the state of Ohio overall. Annual household income of $33,628 in ZIP Code 45659 is about 41% lower than the Ohio median of $56,602. Additionally, median household income in this Pedro, OH region ($33,628) is approximately 46% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 45659 spend on housing costs?

Renters in ZIP Code 45659 spend a higher amount of their income on rent costs than do renters in Ohio overall. Renters in ZIP Code 45659 spend an estimated 36.01% of their income on rent payments, which is about 26% higher than the overall Ohio estimated rate of 28.47%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 21% lower than the ZIP Code 45659 estimated rate of 36.01%.
9

Do renters in ZIP Code 45659 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 45659 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 45659 spending 30 percent or more of their income on rent costs (64.2%) is approximately 43% higher than the Ohio rate of 44.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 29% lower than the aforementioned 45659 rate of 64.2%.
10

What is the average household size of renter-occupied units in ZIP Code 45659?

The average household size of renter-occupied units in ZIP Code 45659 is higher than in the state of Ohio overall. Annual household size of 3.39 in ZIP Code 45659 is about 52% higher than the Ohio median of 2.23. Additionally, median household size in this Pedro, OH region (3.39) is approximately 36% higher than median household size of 2.49 in the U.S. as a whole.

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