Cities / Ohio / Spans 3 counties / Columbus
Columbus cityscape
City housing brief · Incorporated place

Columbus, OH

City evidence stays city-level. County, metro and national records appear separately to explain the wider market without changing the city figures.

City gross yield7.0%ZORI × 12 ÷ ZHVI · before costs
Direct city rent answer

What does rent cost in Columbus, OH?

The latest city-level Zillow ZORI for Columbus is $1,456 per month in 2026-06. It measures a typical asking-rent market across rental types—not an arithmetic average or an address-level rent estimate.

City Zillow ZORI$1,4562026-06 · up 1.2% year over year
City ACS gross rent$1,295ACS 2024 5-year occupied-renter survey
HUD two-bedroom contextn/aCity intersects 3 counties; no county selected
How to read the rent answer for Columbus
MeasureCurrent valueGeographyMeasurement boundary
Zillow ZORI$1,456Columbus cityTypical observed asking-rent index; not a unit quote.
Census ACS gross rent$1,295Columbus citySurvey estimate for occupied renter homes, including specified utilities.
HUD 2BR FMRn/aNo single countyAdministrative bedroom standard; wider context, never substituted as city rent.

For a property decision, match bedroom count, condition, utilities, concessions, lease timing and nearby comparable listings. Wider county and metro evidence below stays explicitly labelled.Zillow pulled 2026-07-29

For within-city variation, inspect the published ZIP rental landscape rather than treating one citywide value as uniform.

City market snapshot

Four figures that frame the city

Typical home value
$251k
▼ 0.9% year over year
Zillow ZHVI · 2026-06
Observed market rent
$1,456
▲ 1.2% year over year
Zillow ZORI · 2026-06
Entry affordability
3.8x
home value ÷ household income
Zillow + Census ACS
Population
914,802
▲ 4.1% between ACS vintages
ACS 2024 5-year
Decision brief

What the city-level evidence says

01Decision frame

Columbus’s current Zillow ZHVI typical home value is $251,291, while its ZORI typical observed monthly market rent is $1,456. Pairing those citywide measures gives a 7.0% gross yield before vacancy, management, maintenance, taxes, insurance, utilities, financing and capital work. The ZHVI is 3.8x ACS median household income, and annual ZORI equals 26.4% of that income. With ZHVI down 0.9% year over year and ZORI up 1.2%, the headline spread warrants property-level validation rather than a return conclusion.

02Housing stock

ACS reports 425,182 city housing units, an 8.2% citywide vacancy rate and a 55.9% renter share of occupied units. Its surveyed occupied-housing measures put median owner-reported home value at $252,900 and median gross rent, including selected utilities, at $1,295. Those ACS medians differ in concept and period from Zillow’s typical value and observed market rent; they should not be averaged or treated as matching comps. Vacancy and tenure describe the citywide stock, not lease-up for a particular property.

03City depth

Direct city depth is mixed: 46.6% of renters meet the ACS rent-burden measure, while single-family homes are 54.6% of units and large multifamily buildings are 12.3%. Among vacant units, 24.2% are classified as for rent, a vacancy reason rather than available investment inventory. Population increased 4.1% between overlapping ACS five-year vintages; this is not annualized and may reflect boundary changes. Median household income is $66,082, with poverty at 18.1% and unemployment at 5.1%. These survey facts describe broad demand constraints but cannot establish tenant quality, achievable rent or absorption.

04Wider context

County carrying-cost context varies: Delaware County’s property-tax rate is 1.60%, Fairfield County’s is 1.10%, and Franklin County’s is 1.47%; each is county context, not a Columbus rate. The broader Columbus metro had 2.5 months of for-sale supply, which informs regional resale competition but not city inventory or a specific asset’s liquidity. Nationally, the Freddie Mac 30-year mortgage rate was 6.58%, a financing benchmark rather than a local borrowing quote.

05Limits & next checks

The central limitation is that citywide yields ignore operating expenses and acquisition-specific condition, while ACS, county and metro datasets use different populations and periods. Before underwriting, verify the property’s asking price, unit mix, legal use, current leases, concessions, utility responsibility, tax assessment, insurance and hazard terms, deferred maintenance, capital plan and realistic vacancy. Then obtain rent comps, inspection findings, title and zoning review, lender pricing and a line-item cash-flow stress test; none of the supplied context substitutes for those checks.

Housing system

Market movement and the stock underneath it

Five-year path

Price and rent, rebased to 100

ZHVI +23.1%ZORI +25.0%
12511095202120222023202420252026
Each series starts at 100 so their direction can be compared without pretending that a home value and a monthly rent share the same unit.
Housing stock

Tenure and vacancy

ACS
55.9%RENTER
Owner occupied44.1%
Renter occupied55.9%
Vacant units8.2%

Median structure year 1980

Tenure uses occupied units; vacancy uses all housing units.
Measurement matrix

Two sources, two different questions

SourceHome valueMonthly rent
Zillow market index$251.3K$1.5K
ACS occupied housing$252.9K$1.3K
Zillow measures current market indexes. ACS reports surveyed owner value and gross rent for occupied housing. The rows are context, not interchangeable estimates.
Direct local rental evidence

Recent leases and rental-market liquidity in Columbus, OH

These Apartment List observations match the exact city Census code 3918000. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$1,317$1,246$1,1742021-082026-07
Recent-lease rent$1,3032026-07 · -1.1% year over year
Rental vacancy6.4%2026-07 · +0.4 percentage points year over year
Time on market32 days2026-07 · +7.5 days year over year
Direct city depth

Households and housing form behind the medians

Median household income$66k

Annual ACS household measure.

Rent-to-income screen26.4%

Annual ZORI divided by ACS median income.

ACS rent burden46.6%

Renters paying at least 30% of household income toward gross rent.

Average household size2.28

People per occupied housing unit.

Single-family stock54.6%

Detached and attached one-unit structures.

Large multifamily stock12.3%

Housing in structures with 20 or more units.

Vacant and for rent24.2%

Share of vacant units listed by ACS as for rent, not a market vacancy rate.

Unemployment5.1%

Share of the civilian labor force.

Poverty18.1%

ACS population for whom poverty status is determined.

These are citywide context measures. They cannot tell you the rent, vacancy, expenses or tenant demand for a particular neighborhood or property.
ZIP rental landscape

How asking rent and renter pressure vary inside Columbus

This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. It is a selected evidence set, not a neighborhood ranking or an exhaustive city inventory.

Selected ZIP range$1,147$1,556Zillow asking-rent index
Monthly spread$409highest minus lowest selected ZIP
Observed burden range38.9%56.7%ACS renter households paying 30%+
Renter households covered118,384across the selected ZCTAs
01 · ASKING RENT LADDERDirect ZIP ZORI
Horizontal bars compare Zillow asking-rent indexes across the selected direct-evidence ZIP set.43215$1,55643212$1,54143201$1,50643202$1,49143235$1,44043204$1,40043207$1,37143229$1,32343219$1,31243228$1,29343232$1,26643224$1,147
02 · PRESSURE MATRIXRent × observed burden
Each point is one selected ZIP and ZCTA match. Horizontal position is Zillow asking rent and vertical position is the ACS renter cost-burden share.59.2%53.5%47.8%42.1%36.4%432284320143229432324321543235432044321243224432074321943202Zillow asking-rent index →ACS burden share →
03 · BENCHMARK GAPZORI vs HUD 2BR
Bars show the percentage difference between the Zillow blended asking-rent index and the local HUD two-bedroom standard. Their housing universes differ.43207+110.6%43202+108.0%43204+107.7%43229+101.8%43232+101.3%43201+97.8%43212+97.5%43224+96.4%43228+95.8%43219+92.4%43235+85.2%43215+72.4%
WHAT THE LOCAL DISTRIBUTION SAYS

Within this Columbus city report, the ZIP Rental Landscape is a selected direct-evidence cross-section rather than a citywide aggregate: it shows 12 of 20 eligible ZIP/ZCTA matches, ordered by renter households and covering 118,384 renter households. For included locations, Zillow’s June 2026 ZORI, a typical observed asking-rent index, ranges from $1,147 to $1,556—a $409 spread—with a $1,385.50 median. The immediate decision is therefore not simply to seek the lowest index: compare an appropriately sized, currently available unit against household income, recurring charges, and the separate standards below. These ZIPs provide the most direct market evidence in this module, but they are not a complete inventory of rental options across the city.

These series should remain separate. ZORI is a typical observed asking-rent index, while ACS reports median gross rent from a 2024 five-year survey for ZCTAs, and HUD supplies a FY 2026 two-bedroom FMR/SAFMR administrative standard. In 43215, the $1,556 ZORI, $1,551 ACS median gross rent, and $2,150 HUD two-bedroom amount are different measures, even though their gaps can frame questions. Its asking index equals 72.4% of HUD’s standard. At the other end of that comparison, 43207’s $1,371 asking index is 110.6% of its $1,240 HUD standard. Neither relationship establishes the rent for a particular listing or turns HUD’s standard into a market quote.

Burden and vacancy are separate ACS ZCTA estimates, useful as a screening trade-off rather than an explanation of prices. In 43201, 56.7% of renters are estimated to pay at least 30% of income toward gross rent, alongside a 15.1% vacancy rate; its $60,240 income benchmark, calculated from the ZORI asking index under that threshold, exceeds its $43,731 ACS median household income. That combination warrants careful inquiry into the unit, lease, and household fit rather than an affordability conclusion. By contrast, 43235 has the lowest observed vacancy rate in the selected set at 3.9% but a 45.9% burden share. A lower vacancy estimate does not imply fewer affordable listings, nor does a higher estimate demonstrate choices at a given price, size, or lease date.

All interpretation is constrained by differing geographies, definitions, and release timing. ACS ZCTAs are statistical areas, not USPS delivery ZIPs; its historical median gross-rent, income, burden, and vacancy estimates should not be substituted for current asking-rent evidence. The direct-evidence selection is ordered by renter households and is not exhaustive, so only included ZIP/ZCTA matches are represented here. Before acting, inspect property-level listings for unit size and bedroom count, asking rent and concession expiration, availability date, application and parking charges, utility treatment, lease length, and income rules. Compare like-for-like units, use HUD only for its administrative benchmark, and confirm the exact delivery ZIP and program applicability with the relevant housing provider.

Selected ZIP evidence

Keep each source universe visible

20 ZIP profiles passed the city gate; the 12 with the most renter households are shown.

ZIP / ZCTAZillow asking rentACS gross rentHUD 2BRBurden 30%+VacancyIncome screen
43228$1,293$1,233$1,35043.2%5.9%$52k
43201$1,506$1,325$1,54056.7%15.1%$60k
43229$1,323$1,142$1,30045.2%6.3%$53k
43232$1,266$1,119$1,25049.7%8.5%$51k
43215$1,556$1,551$2,15038.9%15.1%$62k
43235$1,440$1,477$1,69045.9%3.9%$58k
43204$1,400$1,281$1,30046.7%9.3%$56k
43212$1,541$1,428$1,58043.7%8.0%$62k
43224$1,147$1,079$1,19045.7%8.5%$46k
43207$1,371$1,161$1,24042.8%9.4%$55k
43219$1,312$1,277$1,42051.0%9.2%$52k
43202$1,491$1,183$1,38039.0%5.3%$60k
READ BEFORE USING

Zillow ZORI is a typical observed asking-rent index, not a quote for a vacant unit. Its timing and unit mix differ from ACS estimates, and no particular listing is guaranteed to match it.

ACS figures are five-year survey estimates for ZCTAs, which are statistical areas rather than USPS delivery ZIPs. HUD’s bedroom-specific FMR/SAFMR is an administrative standard, so it should not be treated as a current asking-rent measure.

SOURCE LEDGERCensus ACS five-year — ZCTA housing and incomeACS 2024 5-year ZCTA · pulled 2026-08-08HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackZIP-CBSA 2025Q4 + SAFMR FY2026 · pulled 2026-07-26Zillow ZORI — ZIP market rentsZORI ZIP 2026-06 · pulled 2026-08-08
Curated city comparisons

Columbus in direct city-to-city decisions

Each comparison keeps both records inside city limits and opens only when the pair differs materially on multiple decision signals.

Browse all city comparisons →
Same-state decision

Columbus, OH vs Cincinnati, OH

Large Ohio cities with different affordability, renter pressure, housing form and local demand-risk profiles despite similar current gross yields.

buyer affordabilityrenter pressurehousing stocklocal demand risk
Cincinnati home value
$255k
Cincinnati gross yield
6.9%
Closest market alternatives

Three useful contrasts, not a synthetic winner

The peer set broadens the decision without mixing geographies. Price, rent and housing characteristics remain city-level for every place.

Comparable market profile

Entry price, rent and gross yield

Columbus, OHCincinnati, OHCleveland, OHJacksonville, FL
Typical home valueZillow ZHVIColumbus$251.3KCincinnati$255KCleveland$121.4KJacksonville$287.9KObserved market rentZillow ZORI / monthColumbus$1.5KCincinnati$1.5KCleveland$1.4KJacksonville$1.6KGross yieldZORI × 12 ÷ ZHVIColumbus7.0%Cincinnati6.9%Cleveland14.1%Jacksonville6.7%
Bars begin at zero within each measure. Gross yield is a screening ratio before financing, taxes, insurance, vacancy, maintenance or management costs.
Same state01

Cincinnati, OH

Compared with Columbus, typical home value is $4k higher, monthly rent is $19 higher, and gross yield is 0.0 percentage points lower.

Rent burden 30%+
50.1%
Renter share
60.2%
One-unit stock
43.3%
20+ unit stock
18.2%
Same state02

Cleveland, OH

Compared with Columbus, typical home value is $130k lower, monthly rent is $27 lower, and gross yield is 7.2 percentage points higher.

Rent burden 30%+
53.2%
Renter share
58.3%
One-unit stock
53.6%
20+ unit stock
17.6%
Closest data profile03

Jacksonville, FL

Compared with Columbus, typical home value is $37k higher, monthly rent is $143 higher, and gross yield is 0.3 percentage points lower.

Rent burden 30%+
56.6%
Renter share
42.4%
One-unit stock
64.3%
20+ unit stock
11.6%

These are analytical alternatives, not recommendations. The structural measures come from Census ACS; price and rent use the Zillow releases shown on each card and in the source ledger below.

Wider market context

What surrounds the city without being mistaken for it

The layers below answer different questions. County records describe listing, migration, financing and hazard conditions around the city; metro records describe jobs, supply and permits; the mortgage rate is national.

Same measure, wider boundary

City marker against intersecting counties

CityCounty range
Typical home value$301.3K$524.7K$251.3KObserved market rent$1.5K$1.8K$1.5K
Both levels use Zillow indexes, but the county records cover land and housing outside the city. The comparison supplies context; it does not replace the city value.
Same Zillow index families

City limits versus the linked metro

ColumbusMetro
Observed market rentMetro $1.5KCity $1.5K · -4.7%Typical home valueMetro $335.4KCity $251.3K · -25.1%Gross yieldMetro 5.5%City 7.0% · +27.2%
Zillow ZORI and ZHVI use the same release month at both boundaries. Gross yield is rent × 12 ÷ home value; the metro contains the city and is context, not a substitute.

Search all direct city–metro gaps in the interactive atlas.

COUNTY LAYER

All 3 intersecting counties

Rows stay separate; no unweighted county average is presented as a city fact.

2026-06
Active listings
512
Listing DOM
34 days
FHFA one-year
▲ 6.3%
Net migration
965
Investor share
4.6%
Effective property tax
1.60%
Top hazard
inland flooding
Expected loss ratio
0.11%
2026-06
Active listings
281
Listing DOM
37 days
FHFA one-year
▲ 5.2%
Net migration
567
Investor share
4.5%
Effective property tax
1.10%
Top hazard
inland flooding
Expected loss ratio
0.11%
2026-06
Active listings
2,289
Listing DOM
37 days
FHFA one-year
▲ 3.2%
Net migration
-2,436
Investor share
11.3%
Effective property tax
1.47%
Top hazard
inland flooding
Expected loss ratio
0.10%
METRO LAYER

Columbus, OH

Open metro analysis →
Job growth▲ 0.6%12m to 2026-06
Permitted units12,3942026 YTD through M06
Permits / 1,0005.7broader metro population
Months of supply2.52026-05-01
Median DOM40 daysRedfin metro tracker
Price drops25.2%Redfin metro tracker
Wider-context figures are not inputs to the city gross yield and are never used to fill a missing city price, rent or ACS measure.
What can break the thesis

Three checks before using the city averages

  1. 01

    Gross yield may overstate net economics because it excludes operating costs, financing and capital work.

  2. 02

    ACS and Zillow measures differ in concept and period and cannot be combined as matching observations.

  3. 03

    Citywide, county, metro and national context may not describe the selected property or its achievable rent.

Questions answered

Quick reading guide

Does the stated gross yield equal an expected cash return?

No. It is annual Zillow ZORI divided by Zillow ZHVI before operating costs, financing and capital work.

Can one county tax rate be applied across Columbus?

No. Columbus intersects Delaware, Fairfield and Franklin counties, so the property’s county and actual assessment must be verified.

Does the citywide vacancy rate show how quickly a specific unit will lease?

No. It describes the citywide housing stock and does not replace property-level rent comps, condition review or absorption evidence.

Sources and geography

What belongs to this city page

Census recognizes this as Columbus city. The place intersects 3 counties (Delaware County, Fairfield County, Franklin County); population and ACS measures are place-wide.