In Germantown, a typical home is worth $205,900 and typical rent is $1,004 a month. Compared with all of Montgomery County, typical household income is 36% higher, the typical home value is 14% higher, and the share of households that own their home is 20 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $197,390 to $268,044.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Germantown is in Montgomery County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Montgomery County. See the county
What this place has that others do not, from public data, most unusual first.
1
82% of households in Germantown own their home, against 62% in Montgomery County.
2
The typical household income in Germantown is $90,125,36% more than in Montgomery County as a whole ($66,139).
3
Nearby, in Moraine, the typical home value is $156,800: 24% less than in Germantown ($205,900).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Germantown
What homes there are in Germantown, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Germantown
Montgomery County
Ohio
United States
Kind of home: Germantown and its comparisons
Measure
Germantown
Montgomery County
Ohio
United States
Detached house
82%
67%
69%
61%
Attached house
Unreliable estimate
7%
5%
6%
Building of 2 to 4
Unreliable estimate
9%
8%
8%
Apartments (5 or more)
Unreliable estimate
16%
15%
19%
Mobile home
Unreliable estimate
1%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Germantown, 8 in 10 homes are single-family detached houses; in Montgomery County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Germantown
Montgomery County
Ohio
United States
Year built: Germantown and its comparisons
Measure
Germantown
Montgomery County
Ohio
United States
Before 1960
31%
40%
38%
26%
1960–1979
35%
34%
26%
24%
1980–1999
Unreliable estimate
16%
20%
25%
2000–2009
15%
6%
10%
14%
2010 or later
Unreliable estimate
4%
7%
11%
Here half of the homes date from 1972 or later; in Montgomery County, from 1966 or later.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K42%
$200K–$300K31%
$300K–$500K18%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Germantown and its comparisons
Measure
Germantown
Under $100K
Unreliable estimate
$100K–$200K
42%
$200K–$300K
31%
$300K–$500K
18%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Germantown and its comparisons
Measure
Germantown
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,650 a month
Montgomery County: $1,438 a month
Without a mortgage
$563 a month
Montgomery County: $604 a month
Owners with a mortgage
70%
Montgomery County: 61%
In Germantown, 70% of owners have a mortgage, and their typical cost is $1,650 a month, against $1,438 in Montgomery County. Without one it drops to $563.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Germantown+53%
Montgomery County+51%
Ohio+47%
United States+53%
Typical rent
GermantownNo clear change
Montgomery County+29%
Ohio+28%
United States+33%
Typical household income
Germantown+61%
Montgomery County+28%
Ohio+26%
United States+29%
Change since 2015–2019: Germantown and its comparisons
Measure
Germantown
Montgomery County
Ohio
United States
Typical home value
+53%
+51%
+47%
+53%
Typical rent
No clear change
+29%
+28%
+33%
Typical household income
+61%
+28%
+26%
+29%
The typical home value in Germantown rose 53% since 2015–2019, about the same as in Montgomery County (51%).
Since 2015–2019, the typical rent in Germantown did not change clearly, according to the Census.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Germantown and its comparisons
Measure
Germantown
Montgomery County
Ohio
United States
Rental vacancy
Unreliable estimate
4.7%
4.4%
5.5%
Homeowner vacancy
Unreliable estimate
1.3%
0.8%
0.9%
More than one person per room
Unreliable estimate
1.5%
1.5%
3.4%
People per household
2.51
2.24
2.37
2.53
Drive alone
79%
76%
75%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
13%
12%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
More people live in each home here: 2.51 on average, against 2.24 in Montgomery County.
To get to work, 79% of workers in Germantown drive alone; in Montgomery County, 76%.
Do the math
What would you pay each month for a home in Germantown?
A typical home is within reach of the typical income
We start with a typical home in Germantown, worth $205,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 24% of the typical household income in Germantown, which is $90,125 a year.
The calculator's FHA and conventional loan limits are those of all of Montgomery County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Germantown. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,207 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,806
at 7.18% · 30 years
Loan amount
$202,170
Total interest
$290,875
Paid off in
November 2056
Includes $3,477 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,103 a month
Your payment · 24%
Tight
$2,103 to $2,704 a month
Hard
more than $2,704 a month
Compared with the typical household income in Germantown ($90,125 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,370
Property tax
$259
Home insurance
$86
FHA mortgage insurance (MIP)
$91
You need at least $7,207 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,806; principal and interest $1,370.
The city and its county
Germantown and Montgomery County
Germantown is in Montgomery County, Ohio. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Germantown
Map of Montgomery County, Ohio, with Germantown marked. Around it, the neighboring counties.
Germantown
Montgomery County
Other cities with a page
Germantown's own numbers
Typical home value
$205,900
Typical monthly rent
$1,004
Typical yearly household income
$90,125
Households that own their home
82%
Effective property tax rate
1.51%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Montgomery County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,248
Price change over 5 years (FHFA)
+56%
Homes in a high flood-risk zone
1.3%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Montgomery County.
A typical home in Germantown is worth $205,900: 14% above the county and 4% below Ohio. With the typical household income in Germantown ($90,125 a year), a typical home costs 2.3 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Germantown2.3 years
Montgomery2.7 years
Ohio3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Montgomery County
According to FHFA’s house price index, home prices in Montgomery County rose 104% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Montgomery County.
Yearly change in FHFA’s price index in Montgomery County, 2016 to 2025
2016: +4.0% +4.0% 2016
2017: +5.4% +5.4% 2017
2018: +7.1% +7.1% 2018
2019: +5.9% +5.9% 2019
2020: +5.4% +5.4% 2020
2021: +12.6% +12.6% 2021
2022: +13.6% +13.6% 2022
2023: +8.5% +8.5% 2023
2024: +6.2% +6.2% 2024
2025: +5.7% +5.7% 2025
Change in FHFA’s price index in Montgomery County, Ohio and the United States
Period
County
Ohio
U.S.
Last year (2025)
+5.7%
+4.8%
+2.9%
5 years (2020–2025)
+56%
+53%
+47%
10 years (2015–2025)
+104%
+93%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Germantown next to Montgomery County, Ohio and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Germantown$205,900
Montgomery$180,900
Ohio$214,800
United States$332,700
Typical monthly rent
Germantown$1,004
Montgomery$1,026
Ohio$1,034
United States$1,413
Typical yearly household income
Germantown$90,125
Montgomery$66,139
Ohio$71,389
United States$80,734
See the full table
Germantown next to Montgomery County and Ohio
Measure
Germantown
Montgomery County
Ohio
U.S.
Typical home value
$205,900 ▲14% above the county
$180,900
$214,800
$332,700
Typical monthly rent
$1,004 ▼2% below the county
$1,026
$1,034
$1,413
Typical yearly household income
$90,125 ▲36% above the county
$66,139
$71,389
$80,734
Households that own their home
82% ▲20 points above the county
62%
67%
65%
Typical yearly property tax
$3,119
$3,127
$2,822
$3,119
Effective property tax rate
1.51% ▼0.22 points below the county
1.73%
1.31%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Montgomery County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Germantown
For a typical $205,900 home in Germantown, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Germantown's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,806a month
Least cash to close
Down payment
$7,207
Cash to close
$13,384
Rate
7.18%
Mortgage insurance
FHA MIP · $91
Conventional, 5% down$1,768a month
Down payment
$10,295
Cash to close
$16,472
Rate
7.18%
Mortgage insurance
PMI · $98
Conventional, 20% down, no PMI$1,461a month
Down payment
$41,180
Cash to close
$47,357
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,651a month
Down payment
$30,885
Cash to close
$37,062
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Germantown
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,806
$7,207
$202,171
7.18%
FHA MIP · $91
$13,384
580
Conventional, 5% down
$1,768
$10,295
$195,605
7.18%
PMI · $98
$16,472
620*
Conventional, 20% down, no PMI
$1,461
$41,180
$164,720
7.18%
None
$47,357
620*
ITIN, 15% down (example)
$1,651
$30,885
$175,015
8.18%
None
$37,062
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Germantown is $1,004 a month: 2% below the county.
HUD publishes a fair market rent for all of Montgomery County, by unit size. To pay the 2-bedroom one ($1,248 a month) without spending more than 30% of your income, you would need to earn $24.00 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Montgomery County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$909
$17.48
$36,360
1 bedroom
$1,008
$19.38
$40,320
2 bedrooms
$1,248
$24.00
$49,920
3 bedrooms
$1,623
$31.21
$64,920
4 bedrooms
$1,774
$34.12
$70,960
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Germantown
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Germantown is in ZIP code 45327.
For 2 bedrooms it is $1,150: $98 less than the fair market rent for Montgomery County ($1,248).
Fair market rent by ZIP code and size in Germantown, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
45327
$840
$930
$1,150
$1,500
$1,640
ZIP code2 bd3 bd
45327 $1,150$1,500
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Germantown when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 4 buildings with rents for lower incomes in Germantown. These are the largest.
Windcliff Village115 Windcliff Dr, Germantown 4532736 homes, 25 low-income · Run by Greater Dayton Premier Management · Average payment: $352 a month · Average wait: 14 months(937) 910-7500
Germantown Park401 N Butter St, Germantown 4532724 homes, 23 low-income · For older adults
Third Mental Retardation House4499 Lutheran Church Rd, Germantown 453274 homes, 3 low-income · For people with disabilities(937) 866-8127
Windcliff Village Phase II214 Windcliff DR, Germantown 4532725 homes
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 5 HUD-approved agencies with an office in Montgomery County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Germantown or Montgomery County. The ones below are statewide in Ohio: they work in Germantown the same as in the rest of the state.
Ohio state agency help of 2.5% or 5% of the price for the down payment, closing costs or other costs before closing, forgiven after seven years; if you sell sooner, you repay all of it.Offered by Ohio Housing Finance Agency (OHFA).
Ohio state agency certificate that turns part of your mortgage interest into a credit on your federal tax return, up to $2,000 a year: 40% with an OHFA mortgage (MTC Plus) or 15% to 20% with another mortgage (MTC Basic).Offered by Ohio Housing Finance Agency (OHFA).
No legal help resource on our list is for Germantown or Montgomery County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Germantown and all of Montgomery County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Germantown?
The typical home value in Germantown is $205,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Montgomery County it is $180,900.
How much does it cost to rent in Germantown?
Typical rent in Germantown is $1,004 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Montgomery County is $1,248.
What is the FHA loan limit in Germantown?
Germantown uses the FHA limit for all of Montgomery County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Germantown?
The typical homeowner in Germantown pays $3,119 a year, according to the U.S. Census Bureau. That is 1.51% of the home’s value; in Montgomery County, the rate is 1.73%.
Where can I find free help to buy or rent in Germantown?
There are 5 HUD-approved counseling agencies with an office in Montgomery County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
