Columbus Market Rental Trends Report
Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.
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Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.
After dipping slightly earlier in the summer, apartment rental prices in Columbus have increased across all unit sizes over the past 3 months. Continued economic growth and an afforable cost of living are driving the strong rental trends. The median apartment rent in Columbus is $1,425 which is up $95 over last year and 5% lower than the national median.
Cincinnati
Apartment rents have increased significantly in Studio, 1 bed, and 2 bed units over the past 3-6 months while 3 bed rent has dropped slightly. Redevelopment in urban areas of Cincinnati has fueled the price increase as demand for modern amenities and proximity to city centers grows. These neighborhoods appeal to young professionals and families seeking convenience and lifestyle options. The median apartment rent in Columbus is $1,102 which is up $232 over last year and 26% lower than the national average.
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