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Expensive
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These days, finding an affordable place to live in the Southwest area can be challenging. Home prices in Southwest are now at a median cost of $177,534, lower than the Columbus average of $320,266.
The average cost of rent is $1,192/mo in Southwest, primarily driven by the current value of real estate in the Southwest area. In Southwest, 38.21% of households rent, and 40.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Southwest is $5,680 per month. Households that rent pay about 20.99% of their income on rent here. Southwest’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Franklinton, Columbus, OH: less expensive homes
- Greater Hilltop, Columbus, OH: equally priced homes
- Pinnacle Club, Grove City, OH: higher priced homes
- West Gate, Columbus, OH: higher priced homes
- Southside Columbus, Columbus, OH: higher priced homes
- South Side, Columbus, OH: higher priced homes
- Far South, Columbus, OH: equally priced homes
- Downtown Columbus, Columbus, OH: higher priced homes
- Southern Orchards, Columbus, OH: higher priced homes
- Tri-South, Columbus, OH: less expensive homes
Neighborhoods with Similar Populations
- Sunrise, Las Vegas, NV: higher priced homes
- Canyon Crest, Riverside, CA: higher priced homes
- Northeast Tacoma, Tacoma, WA: higher priced homes
- Santa Clara, Eugene, OR: higher priced homes
- Rockdale, Atlanta, GA: higher priced homes
- Rockaway Park, Queens, NY: higher priced homes
- Richmond, Portland, OR: higher priced homes
- Queen Anne, Seattle, WA: higher priced homes
- Port Richmond, Staten Island, NY: higher priced homes
- Northwest, Portland, OR: higher priced homes
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