RENT OR BUY

Rent or buy in Columbus, OH?

Typical rent against typical home prices across Columbus, and where each is heading.

Renting in Columbus costs about $1,335 a month, and the typical home is listed at $268,000. That puts the price-to-rent ratio at 16.7: a typical home costs as much as 16.7 years of rent.

Columbus now and in 2031

Columbus, OH: typical rent and list price, now and projected for 2031
Now2031 (projected)
Typical asking rent$1,335/mo$945/mo
Typical list price$268,000$360,000
Price-to-rent ratio16.7—

Rent is projected at -6.7% a year, the trend in RentCast's median rents for these ZIP codes since mid-2024. For home values: The first 2 years follow this year's change in list prices (+1.0%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+9.6% a year). These are trends carried forward, not predictions of the next market turn.

How to read the price-to-rent ratio

The ratio divides the typical list price by a year of typical rent. A higher ratio means buying is expensive relative to renting; a lower one means monthly rent is high compared with what a home costs. It's a quick way to compare cities, not a verdict for your situation.

By ZIP code

Columbus, OH: RentCast medians for the ZIP codes in this sample
ZIPMedian rentRental listingsMedian list priceSale listings
43228$1,400/mo105$299,000211
43229$1,163/mo88$285,000114
43232$1,568/mo87$235,000196
43207$1,400/mo148$224,900280
43235$1,395/mo96$399,900158
43224$1,100/mo110$199,999152

What this doesn't account for

Mortgage rates, your down payment, property taxes, insurance, HOA fees, maintenance, and how long you'll stay decide more than any city-wide figure. These are area numbers built from active listings; they don't know the specific home or your finances.

Source: RentCast market data for 6 of Columbus's 26 ZIP codes (the most populous, home to 42% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.

Frequently asked questions

How much is rent in Columbus, OH?

Typical asking rent is $1,335 a month, across 634 active rental listings in 6 ZIP codes.

How much do homes cost in Columbus, OH?

The typical list price is $268,000, across 1,111 active sale listings in 6 ZIP codes. List prices are asking prices, not final sale prices.

What is the price-to-rent ratio in Columbus, OH?

About 16.7: the typical list price equals 16.7 years of typical rent. The higher the ratio, the more buying costs relative to renting.

Forecast a specific ZIP's home values