ZIP Code 45804 — Lima, OH Home Prices (2026)
The typical home in ZIP 45804 (Lima, Ohio) is worth about $81,000 at roughly $85 per square foot — 43% more affordable than the Lima median and 72% more affordable than the typical U.S. home.
How 45804 compares
ZIP 45804 is one of the more affordable ZIP codes in Lima: its typical home value of $81,000 ranks #3 of the 3 Lima ZIP codes we track (the citywide range runs from $81,000 in 45804 to $198,000 in 45805). Per square foot it costs about $85, against $116 for Lima as a whole, $159 for Ohio, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 45804 | $81,000 | $85 |
| Lima, OH | $143,000 | $116 |
| Ohio | $230,000 | $159 |
| United States | $294,000 | $195 |
Home value by size in 45804
Using this ZIP’s rate of about $85 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $85,000 |
| 1,500 sq ft | $127,500 |
| 2,000 sq ft | $170,000 |
| 2,500 sq ft | $212,500 |
| 3,000 sq ft | $255,000 |
Salary needed to buy a home in ZIP 45804
To buy the typical $81,000 home in ZIP 45804 with 20% down, you need a household income of roughly $22,000 a year (about $510 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $26,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $4,100 | $640/mo | $27,000/yr |
| 10% (+PMI) | $8,100 | $610/mo | $26,000/yr |
| 20% | $16,200 | $510/mo | $22,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 45804
At about $85 per square foot, here is roughly how much home different budgets get you in ZIP 45804:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1760 sq ft | above the median — larger homes or the pricier ZIPs |
| $200k | 2350 sq ft | above the median — larger homes or the pricier ZIPs |
| $250k | 2940 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 3530 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 45804 home.
Estimate a specific home in 45804
The estimator below is pre-set to ZIP 45804 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Lima ZIP codes by home value
Where 45804 sits among Lima’s 3 ZIP codes:
ZIP 45804 home prices: frequently asked
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See the full Lima home values page, all Ohio cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.