What's The Average Rent In Columbus, OH - 2025

Zoe Harper

Marketing

July 31, 2024

The housing market in Columbus, OH is changing as rents go up. Recent studies show the average rental cost in Columbus, OH is now $1,562. This is up by 0.0% just this last month. Over the past year, there's been a 2.7% increase in rent. These changes show how dynamic and competitive finding a place in Columbus can be. Factors like location and what people want impact these trends. Renting a one-bedroom apartment in Columbus averages at $1,200. This is up by a huge 13.88% from last year. Such an increase puts Columbus fourth in the U.S. for rent hikes. For a two-bedroom, the average rent is $1,350, while the median rent is $1,562. Columbus is ranked as the 71st most expensive large city in the nation for renters.

Key takeaways

The overall median rent in Columbus, OH is $1,562, showing a 0.0% increase month-over-month.
A one-bedroom apartment averages at $1,200, with a 13.88% increase over the year.
Columbus is the 71st priciest large U.S. city for renters.
Rising housing demands and market dynamics push rent upwards.
Living costs in Columbus are 8.4% lower than the U.S. average.

Introduction to Columbus, OH rental market

The Columbus, OH rental market has grown a lot, making rent prices go up. This growth stands out compared to many other cities in the U.S. By knowing about Columbus, OH rental trends and factors affecting rental market dynamics, renters can gain big advantages.

Overview of rental venues

Recent figures show important trends in Columbus' rental market. For instance, average rent here is about $1,562 each month. This is less than the U.S. average of $1,516. In May 2025, the median rent reached $1,500, going up by $50 from the previous year. Columbus also has many rental choices for different lifestyles and budgets. You can find anything from city apartments to houses in the suburbs. These facts are essential for people looking to rent in Columbus.

What affects rent prices

Several things influence Columbus's rental market. The city's population is around 898,000 according to the 2020 census and it's still growing. This growth comes with economic improvements. The economy is boosted by sectors such as business services, education, healthcare, and retail. They create jobs and increase the need for rental homes. Also, the area's GDP has increased by 29% to $117 billion over ten years. This growth attracts more people and raises the demand for housing. Knowing these factors can help renters make smart choices in Columbus's fast-changing market.

Current average rent in Columbus, OH

Columbus, Ohio, has a lively rent scene with many elements influencing rents. Analyzing the data offers insights into apartment sizes and costs.

One-bedroom apartments

The average rent for a one-bedroom in Columbus is now $1,200. This is a 13.88% jump compared to last year. This increase is part of a larger trend of rising rents. To afford a one-bedroom here, earning about $47,280 a year is advised.

Two-bedroom apartments

A two-bedroom apartment in Columbus rents for about $1,350 on average. This continues the upward movement in rent prices. With a 2.7% rise from last year, it's key to plan financially.

Three-bedroom apartments

Three-bedroom apartments in Columbus are pricier, matching their larger size. Though specifics aren't given, the general median rent is around $1,562. This includes various apartment types. Residents should try to spend no more than 30% of their income on rent. For a detailed overview of living in Columbus, including information on housing, transportation, and culture, check out Rentable’s comprehensive guide on Columbus, OH.

Historical rent trends in Columbus

In the last ten years, Columbus's rental market has seen big changes. This has given us a lot to learn. A closer look at the data helps explain these shifts.

10-year overview

In 2019, Columbus had its highest median monthly rent since 2005. The median was $965, and the average was $1,000. At the same time, vacancy rates changed a lot. They were highest at 13.53% in 2005 but fell to 4.72% in 2019. By 2019, 39.06% of Columbus's homes were rented. This shows how these rent trends have shaped the city.

Recent changes

Last year, Columbus's rental prices went up by 17%. This big increase shows that the apartment market is getting more competitive. The rental vacancy rate was 4.72% in 2019. This is much lower than before. For more info, check the Columbus rent analysis. It has lots of data. It's very important to understand these past trends. They help both current and future renters make sense of Columbus's rental market.

Comparison with national rent averages

Columbus, OH, shows a unique stand when we look at rent costs across the country. The median rent there is $1,562. This means a slight increase of 0.0% last month and a growth of 2.7% over the past year. Given the rent prices all over, Columbus offers a more affordable choice.

How Columbus stacks up

Looking at numbers, the national median apartment cost is $1,987 as of March 2025. This makes Columbus 7.5% cheaper than other places in the nation. While the West has higher rent prices, averaging $2,365, the Midwest is more budget-friendly. Columbus is in the Midwest, with a median price of $1,456. This showcases a lesser strain on wallets compared to other areas.

Cost of living considerations

The cost of living in Columbus is 9% less than the national average. This includes savings on goods, services, health care, homes, and getting around. With these savings, renters find a bit more room in their budgets. Additionally, rent in Columbus went up by 4.0% in the first half of 2025. This is a bump from the 3.3% increase seen the year before. Getting to know these factors is key for anyone looking at the cost of living in Columbus. It helps compare it to other places.

Neighborhoods with highest rent prices in Columbus

Columbus, OH, is rich in diverse neighborhoods, each with its own charm. High rent areas, especially Downtown Columbus and Short North, are known for their costly rents and top locations.

Downtown Columbus

Downtown Columbus buzzes with life, hosting many businesses, cultural spots, and fun activities. It draws a mix of people, from young workers to those who cherish city living. High rents show Downtown's appeal. A one-bedroom flat costs on average $1,127. Two-bedrooms are about $1,349 each month. People pay more to enjoy city life, with its amenities and lively streets.

Short North

Short North stands out for its art, unique shops, and nightlife. Its rental market is strong, with prices similar to Downtown. One-bedroom flats here also match Downtown's pricing. The area's charm lies in its variety of eateries, art places, and events. It attracts those loving a modern yet historic vibe. Columbus's high rent districts reflect the city's growth and energetic lifestyle. Upscale living meets rich culture here, making Downtown and Short North highly desired.

Most affordable neighborhoods in Columbus

Looking for a place to live in Columbus without breaking the bank? South Linden and Franklinton offer affordable living right in the city. They are perfect for those wanting cheap rent while enjoying city life.

South Linden

South Linden is known for its affordable housing. It has lots of rental options that won't empty your wallet. The neighborhood is getting better every day, with new projects that make living there even nicer.

Franklinton

Franklinton is booming with culture and affordable living. It's famous for its art scene. Despite its growth, the living costs remain low. This mix of creativity and industrial charm attracts many looking for budget-friendly homes.

Impact of rising rent on residents in Columbus

The recent rise in rent in Columbus has put a lot of pressure on its people. Now, the average cost for a one-bedroom place is $1,130. That's 17% more than last year. This big jump in rent is making it hard for many families.

Financial strain

As rent goes up, people are spending more of their money on where they live. This isn't just about having less money. It's about making tough choices, like spending less on other important things to pay the rent. In Columbus, where folks make about $36,285 by themselves or $67,207 with family, this is a big deal. The cost of living here is pushing some to think about moving. Data shows 22.71% of renters are leaving because rent is too high. And 42.87% say their rent now is more than they can afford.

Relocation trends

More and more Columbus residents are moving because of the high rent. They're looking for cheaper places in the suburbs or even leaving the city. This is changing who lives where and shaking up the housing market. About 898,000 people live in Columbus, and 2.08 million in the area around it. These moving trends could change a lot for both the economy and the community. As people look for places they can afford, this could mean more people coming and going, affecting the rental market. The ongoing rise in rent means living in Columbus will stay hard for many. This issue needs smart ideas from our leaders to make sure everyone can afford a place to live.

Student housing in Columbus

Looking for housing is key for students moving to Columbus, OH. Student housing costs about $873 a month on average. Some places start at $535 a month, found on sites like Unilodgers. These prices make Columbus a smart pick for students wanting to save money on living.

Average rent for student apartments

Renting student apartments in Columbus has an average cost. Many students choose to live with roommates to save money. Most student housing includes water, electricity, gas, WiFi, and insurance in the rent. This helps students live affordably without giving up important services.

Proximity to universities

Student housing in Columbus is often near universities, making it easy to get to class. Places like Fifth by Northwest and West Campus are favorites. They are close to schools and have a lot of students living there. These areas also focus on safety with things like CCTV. You can find short-term places, furnished options, and homes with safety measures for the pandemic, too.

Tips for finding affordable rent in Columbus

Looking for a place to rent in Columbus, Ohio, requires using various strategies. This guide offers important tips for those who want to find affordable rent Columbus. It includes useful resources and ideas for different housing options.

Utilize online rental platforms

One top tip for finding rentals in Columbus is to use online platforms. Websites like Apartment List offer a wide range of listings. They have features that make searching easier, like tenant screenings and messaging landlords directly. In Columbus, the average rent is around $1,108 per month. It's smart to look at many online options. There are over 1,597 affordable apartments listed online, providing lots of choices for renters.

Consider sharing living spaces

Another effective way to save on rent is to consider shared housing. Sharing can greatly cut down on costs. For example, a one-bedroom apartment's average rent is $1,108 per month. But if you share it, the cost drops significantly. Studios, averaging $963 a month, are cheaper for one person. Starting your rental search? These rental search tips Columbus can help find housing within your budget. They cater to both your spending limits and how you want to live.

Future predictions for Columbus rent prices

Many factors will shape Columbus's future housing market. The economy and new housing projects are crucial. They will drive rent price trends.

Economic factors

The economy plays a big role in Columbus's rent forecast. The city's population is growing fast, making it one of the quickest growing cities in the Midwest. Home sales prices might go up by 0.7% by March 2025 and 4.4% by year's end. This rise in home prices could lead to higher rents in Columbus.

Housing developments

New housing projects will also impact Columbus's rent forecast. In 2025, the market might absorb 5,322 units. Yet, 6,396 new units could make it hard for landlords to fill all apartments. This issue might change rent prices and how many people want to rent. Places like Downtown Columbus are getting more apartments. This growth could upset the balance between supply and demand. For deeper insights, check out this comprehensive overview here.

Conclusion

The Columbus, OH, rental market has seen big changes recently. Rent prices went up by 3% over the past year. This is part of a wider trend where 89% of cities saw rent go up too. The vacancy rate in Columbus slightly rose from 7.3% to 7.5% by the end of September 2025. This shows us how the rental market is constantly changing. In the Midwest, rent prices slightly went up by 0.1% in December 2024. This ended up being a 2.6% increase for the whole year. But in Columbus, average rent dropped slightly to $1,052 last month, a decrease of 0.74% from the year before. This points to a market that's always moving, pushed by many different forces. The future of Columbus's housing market looks full of both chances and hurdles. Inflation has hit renters hard, with 80% feeling the pinch in November 2025. Demand for luxury apartments even fell by 0.4%. With more renters thinking about moving by spring 2025, we could see more changes in vacancies and rents. For those trying to understand this market, it's crucial to get advice from experts.