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Lima, OH Home Values and Rents

The typical home value in Lima is $151,335, 620th highest of 682 cities and towns in Ohio. Median rent is $1,216 a month.

Typical home value
$151,335
620th of 682 in OH
Median rent
$1,216/mo
Zillow observed rent
Price change, 1 year
+3.7%
Sep 2026
Homeownership
45.6%
OH: 67.2%

Typical home value in Lima

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodLima
Sep 2026$151,335
Dec 2025$148,381
Dec 2024$141,053
Dec 2023$132,899
Dec 2022$127,630
Dec 2021$114,509
Dec 2020$104,046
Dec 2019$89,934
Dec 2018$85,568
Dec 2017$80,766
Dec 2016$76,279
Dec 2015$74,025
Dec 2014$69,865
Dec 2013$69,813
Dec 2012$69,199

Over five years, Lima prices changed +31.4%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
145805$160,600$964+7.3%+49.6%
245801$123,900$896+9.5%+60.9%
345804$99,600$886+13.2%+55.1%

Fair Market Rents, FY2027

HUD rent standard for Lima, OH MSA

OH rents
Unit sizeMonthly rentvs FY2026
Studio$895+6.7%
1 bedroom$901+6.8%
2 bedrooms$1,179+6.4%
3 bedrooms$1,418+6.0%
4 bedrooms$1,571+5.2%

Frequently asked questions

What is the typical home value in Lima, OH?
The typical home value in Lima is $151,335 (Zillow Home Value Index, Sep 2026). The Ohio median is $214,800.
How much is rent in Lima?
The median rent in Lima is $1,216 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,179.
Are home prices going up in Lima?
The typical home value in Lima changed +3.7% over one year and +31.4% over five years, as of Sep 2026.
How does Lima compare with the rest of Ohio?
Lima has the 620th highest median home value of 682 cities and towns with 1,000+ residents in Ohio.
Which ZIP code in Lima has the highest home values?
ZIP code 45805 has the highest median home value at $160,600, and 45804 has the lowest at $99,600.