salaryRent is lower than in 71% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $50,640 a year. That is $24 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
No. Rent here is more expensive than in most of Ohio. It is number 148 of 288 cities from cheapest to most expensive.
How much do households earn in Hamilton?
Share of households by yearly income. 12.5% of households earn $100,000 or more.
Rent by apartment size in Hamilton
| Size | Hamilton | U.S. average |
|---|---|---|
| Studio | $707 | $1,338 |
| 1 bedroom | $887 | $1,324 |
| 2 bedrooms | $1,145 | $1,509 |
| 3 bedrooms | $1,322 | $1,698 |
| 4 bedrooms | $1,475 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hamilton overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hamilton, so the Ohio figure is shown.
Taxes and bills in Hamilton
Life in Hamilton
Is it cheaper to rent or buy in Hamilton?
Buying is cheaper month to month: about $120 a month less than renting.
Owning assumes a typical $165,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,520 for the down payment.
Frequently asked questions
What is the average rent in Hamilton, OH?
Renting in Hamilton costs a median of about $1,266 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Hamilton?
To keep rent under 30% of income, you need about $50,640 a year, or $24 an hour at a full-time job.
Is Hamilton cheap or expensive?
Hamilton is rated OK: rent takes 25.5% of the typical household income of $59,497. It ranks 148th cheapest of 288 Ohio cities we track.
How much are property taxes in Hamilton?
The median homeowner in Hamilton pays $1,761 a year in property taxes, about 1.07% of the median home value.
Is Hamilton more expensive than the national average?
Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Hamilton?
The median home value in Hamilton is $165,200, about 2.8 times the typical yearly household income.
63,468 people live in Hamilton. Numbers are typical (middle) values.