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These days, finding an affordable place to live in the Downtown Columbus area can be challenging. Home prices in Downtown Columbus are now at a median cost of $858,763, higher than the Columbus average of $320,266.
The average cost of rent is $1,513/mo in Downtown Columbus, primarily driven by the current value of real estate in the Downtown Columbus area. In Downtown Columbus, 79.44% of households rent, and 52.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Columbus is $7,095 per month. Households that rent pay about 21.32% of their income on rent here. Downtown Columbus’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Southside Columbus, Columbus, OH: less expensive homes
- Italian Village, Columbus, OH: less expensive homes
- Victorian Village, Columbus, OH: less expensive homes
- Harrison West, Columbus, OH: less expensive homes
- Franklinton, Columbus, OH: less expensive homes
- Southern Orchards, Columbus, OH: less expensive homes
- Near East, Columbus, OH: less expensive homes
- Near Southside, Columbus, OH: less expensive homes
- Weinland Park, Columbus, OH: less expensive homes
- South Side, Columbus, OH: less expensive homes
Neighborhoods with Similar Populations
- Beaverdale, Des Moines, IA: less expensive homes
- State College Area, Long Beach, CA: equally priced homes
- Donelson, Nashville, TN: less expensive homes
- Hatchville, East Falmouth, MA: less expensive homes
- Lakeside, San Antonio, TX: less expensive homes
- Zilker, Austin, TX: higher priced homes
- Turner, Kansas City, KS: less expensive homes
- Sherman Heights, San Diego, CA: equally priced homes
- Riviera, Coral Gables, FL: higher priced homes
- Port Gardner, Everett, WA: less expensive homes
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