City Report · IN

Columbus

Pop. 51,824·34th most expensive in Indiana·One of the most affordable rental markets in the US
Median rent (all units)
$1,399/mo
Year-over-Year
+4.2%
Month-over-Month
+2.9%
vs US Median
-$566
Rising (Monthly)
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Most AffordableMost Expensive
Columbus · $1,399
More affordable than 82% of US cities · National median $1,965/mo
Rent Reality Score
54/100
Fairly priced
OverheatedFairGreat value

Rents are 2% below what Columbus's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,399/mo
Expected by trend
$1,430/mo
The Rent Reality Score compares today's median rent to where Columbus's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,045
1 BR
$1,080
2 BR
$1,200
3 BR
$1,490
4 BR+
$1,730
Research median
$1,200/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,788/yr
At $1,399/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.2% YoY, +2.9% MoM), not inventory.
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Demographics

Who lives here

Columbus, IN is majority owner-occupied, 40% of residents hold a bachelor's degree or higher.

Population
51,824
Median income
$77,456
Median age
36.5
Renters
39.2%
Age distribution
23.8%
23.7%
25.7%
16%
Under 1823.8%
18–3423.7%
35–5425.7%
55–6410.9%
65+16%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
73.9%
White73.9%
Black2.5%
Hispanic10.7%
Asian11.5%
Other1.4%
Education (25+)
29.5%
22.7%
40%
No HS diploma7.8%
HS diploma29.5%
Some college22.7%
Bachelor's+40%
Housing tenure
60.8%
39.2%
Owner60.8%
Renter39.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Columbus, IN has changed in 5 years

Rent
$959 → $1,399
up 45.9%
Income
$72,380 → $77,456
up 7.0%
Population
50,718 → 51,824
up 2.2%
Renter share
38.3% → 39.2%
+0.9 pts
Bachelor's+
42.2% → 40%
-2.2 pts
Median age
35.7 → 36.5
+0.8 yrs

The median rent in Columbus, IN stood at $959 in 2021 and currently runs about $1,399, reflecting a 45.9% increase over the period. Local incomes tracked alongside that move, going from a median of $72,380 in 2021 to $77,456 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.2% since 2021, moving from about 50,718 residents to roughly 51,824. College-educated residents now make up 40% of adults here, versus 42.2% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Columbus, IN market of 2021.

Community

Discussions about Columbus

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View Columbus rent history (2015–2026) →
Salary vs rent

Can you afford rent in Columbus on your salary?

At $1,399/mo, how Columbus rent compares to typical pay (30% rule).

By apartment size

Columbus rent by bedroom count

Median rent for each apartment size in Columbus. Click any size for full breakdown.

Local insights

Tips for renters in Columbus

About renting in Columbus, IN

Last updated: July 20, 2026

The median rent in Columbus is $1,399/mo as of July 2026. A studio apartment averages $1,045/mo while a 2-bedroom runs $1,200/mo. One-bedroom apartments average $1,080/mo and 3-bedroom units go for $1,490/mo.

At 22% of local median household income ($77,456/yr), Columbus ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

Is Columbus an affordable city for renters?

Columbus is considered very affordable for renters. At $1,399/mo, rent takes approximately 22% of the local median household income ($77,456/yr). The standard benchmark is 30%. Columbus falls comfortably within that range.

How much income do you need to rent in Columbus?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,399/mo in Columbus. The local median household income is $77,456/yr, meaning the typical Columbus household meets that threshold.

Is rent going up or down in Columbus?

Rent in Columbus has increased 4.2% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Columbus neighborhoods have the lowest rent?

The most affordable ZIP codes in Columbus are 47203 ($1,395/mo), and 47201 ($1,402/mo). Citywide, the median rent in Columbus is $1,399/mo.

How does Columbus rent compare to other cities in Indiana?

Columbus is middle-of-the-pack for Indiana for rent, ranking #34 out of 65 tracked cities at $1,399/mo.

Which nearby cities are cheaper to rent in than Columbus?

Several nearby cities have lower median rents than Columbus ($1,399/mo): Shelbyville ($1,110/mo), Beech Grove ($1,219/mo).

What percentage of Columbus residents rent vs. own?

According to Census data, approximately 39.2% of Columbus households are renters, while 60.8% are owner-occupied. Columbus leans toward homeownership, which can mean a smaller rental inventory.

How does Columbus rent compare to the national average?

Columbus's median rent of $1,399/mo is $566 (29%) below the US national median of $1,965/mo. Within Indiana, it ranks #34 out of 65 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,399/mo, rent takes ~22% of Columbus's median household income ($77,456/yr). The standard benchmark is 30%.

Columbus 22%Benchmark 30%
State income tax3.05%
Run the Columbus affordability calculator →
Lowest-rent ZIP codes in Columbus
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Columbus, IN

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