Rental numbers for Franklin County, OH
The typical home here runs -$1,005 a month at 7.78% with 25% down. 1 of 38 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%.
- Gross yield
- 6.1%
- typical home, Zillow
- Median ZIP yield
- 5.9%
- 38 ZIPs with full data
- Cash flow
- -$1,005/mo
- at 7.78%, 25% down
- Typical price
- $296,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,504/mo
- Zillow ZORI, Aug 2026
ZIP codes in Franklin County
40 with published figures
| 43217Groveport | $97,000 | $1,330* | 16.4% | 10.2% | +$302 | n/a |
| 43211Columbus | $139,000 | $1,289 | 11.1% | 6.6% | +$17 | +2.2% |
| 43223Columbus | $168,000 | $1,373 | 9.8% | 5.5% | -$137 | +6.6% |
| 43227Columbus | $197,000 | $1,542 | 9.4% | 5.5% | -$167 | +5.8% |
| 43222Columbus | $170,000 | $1,308 | 9.2% | 5.7% | -$110 | n/a |
| 43204Columbus | $199,000 | $1,392 | 8.4% | 4.5% | -$328 | +0.4% |
| 43219Columbus | $191,000 | $1,314 | 8.3% | 4.5% | -$321 | +6.2% |
| 43213Whitehall | $215,000 | $1,400 | 7.8% | 3.9% | -$464 | -0.2% |
| 43207Columbus | $204,000 | $1,298 | 7.6% | 3.9% | -$430 | +4.1% |
| 43206Columbus | $277,000 | $1,729 | 7.5% | 3.9% | -$593 | +4.8% |
| 43232Columbus | $219,000 | $1,356 | 7.4% | 3.6% | -$526 | +1.9% |
| 43224Columbus | $199,000 | $1,168 | 7.0% | 3.2% | -$540 | +0.2% |
| 43119Galloway | $310,000 | $1,765 | 6.8% | 3.1% | -$861 | +2.8% |
| 43228Columbus | $223,000 | $1,273 | 6.8% | 3.1% | -$633 | -0.0% |
| 43231Minerva Park | $274,000 | $1,464 | 6.4% | 2.6% | -$887 | n/a |
| 43203Columbus | $236,000 | $1,248 | 6.3% | 3.2% | -$638 | +2.1% |
| 43068Reynoldsburg | $296,000 | $1,566 | 6.3% | 2.7% | -$940 | +2.0% |
| 43125Groveport | $283,000 | $1,495 | 6.3% | 2.6% | -$901 | +4.3% |
| 43205Columbus | $274,000 | $1,388 | 6.1% | 3.0% | -$800 | +2.3% |
| 43110Canal Winchester | $333,000 | $1,653 | 6.0% | 2.5% | -$1,101 | +2.3% |
| 43202Columbus | $326,000 | $1,597 | 5.9% | 2.3% | -$1,133 | n/a |
| 43229Columbus | $275,000 | $1,335 | 5.8% | 2.4% | -$933 | n/a |
| 43123Grove City | $333,000 | $1,615 | 5.8% | 2.3% | -$1,158 | +5.3% |
| 43215Columbus | $331,000 | $1,579 | 5.7% | 2.5% | -$1,090 | +1.2% |
| 43004Blacklick | $349,000 | $1,646 | 5.7% | 2.1% | -$1,263 | n/a |
| 43201Columbus | $364,000 | $1,667 | 5.5% | 2.2% | -$1,287 | +4.1% |
| 43081Westerville | $359,000 | $1,628 | 5.5% | 1.7% | -$1,432 | +2.2% |
| 43230Gahanna | $347,000 | $1,557 | 5.4% | 1.7% | -$1,367 | +3.0% |
| 43137Lockbourne | $316,000 | $1,380* | 5.2% | 2.0% | -$1,180 | n/a |
| 43026Hilliard | $380,000 | $1,608 | 5.1% | 1.4% | -$1,615 | +3.2% |
| 43235Columbus | $347,000 | $1,436 | 5.0% | 1.3% | -$1,498 | +3.0% |
| 43214Columbus | $406,000 | $1,641 | 4.9% | 1.4% | -$1,711 | +1.7% |
| 43221Upper Arlington | $463,000 | $1,851 | 4.8% | 1.3% | -$2,015 | +1.1% |
| 43085Worthington | $409,000 | $1,614 | 4.7% | 1.1% | -$1,825 | +2.1% |
| 43016Dublin | $438,000 | $1,658 | 4.5% | 0.9% | -$2,047 | +0.9% |
| 43220Upper Arlington | $367,000 | $1,313 | 4.3% | 0.7% | -$1,755 | -1.6% |
| 43017Dublin | $581,000 | $2,010 | 4.2% | 0.5% | -$2,886 | +6.3% |
| 43212Columbus | $443,000 | $1,509 | 4.1% | 0.6% | -$2,154 | +2.0% |
| 43209Bexley | $404,000 | $1,338 | 4.0% | 0.7% | -$1,931 | +4.7% |
| 43054New Albany | $578,000 | $1,826 | 3.8% | 0.1% | -$3,052 | +3.6% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.1%
- Rent, 12 months
- +2.6%
- Rent minus price growth
- +2.5 pts
- Property tax
- 1.47%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $241,339 | $1,208 |
| Aug 2022 | $273,455 | $1,327 |
| Aug 2023 | $280,383 | $1,373 |
| Aug 2024 | $292,715 | $1,430 |
| Aug 2025 | $296,066 | $1,466 |
| Aug 2026 | $296,381 | $1,504 |
HUD Fair Market Rent
FY2027, Columbus, OH HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,258 | $1,346 | $1,602 | $1,909 | $2,172 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 16.0
- 8,845 units, last 12 months
- National percentile
- 85th
- among US counties
Tools
Test a listing in Franklin County against today's rate.
Open the calculatorPart of the Columbus, OH metro.
Questions
- Is Franklin County good for rental property?
- The typical home here runs -$1,005 a month at 7.78% with 25% down. 1 of 38 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Franklin County?
- About 1.47% of value, from Census ACS median taxes paid over median home value. On a $296,000 home that is about $4,363 a year.
- What is Fair Market Rent in Franklin County?
- HUD's FY2027 Fair Market Rent here is $1,346 for a 1-bedroom, $1,602 for a 2-bedroom and $1,909 for a 3-bedroom. Typical cash flow at today's rate is -$1,005 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.