RentDataNowRentDataNow
City Report · OH

Powell

Pop. 14,451·5th most expensive in Ohio·Rental market data updated monthly for Powell, OH
Median rent (all units)
$2,395/mo
Year-over-Year
+3.3%
Month-over-Month
+0.8%
vs US Median
+$430
Rising (Monthly)
Be the first to discuss Powell rents ↓
Most AffordableMost Expensive
Powell · $2,395
More expensive than 76% of US cities · National median $1,965/mo
Affordability
15% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,395/mo, rent takes about 15% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$96,000/yr
Local median income
$195,495/yr
Based on the 30%-of-income rule using Powell's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,300
1 BR
$1,400
2 BR
$1,700
3 BR
$2,050
4 BR+
$2,280
Research median
$1,700/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$28,740/yr
At $2,395/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.3% YoY, +0.8% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Powell, OH is majority owner-occupied, has a large share of families with children, has a median income above the national average, 78.1% of residents hold a bachelor's degree or higher.

Population
14,451
Median income
$195,495
Median age
42.8
Renters
12%
Age distribution
27.6%
34.1%
13.5%
17.6%
Under 1827.6%
18–347.1%
35–5434.1%
55–6413.5%
65+17.6%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
77.2%
14.7%
White77.2%
Black1.2%
Hispanic2%
Asian14.7%
Other4.9%
Education (25+)
13.6%
78.1%
No HS diploma1.5%
HS diploma6.8%
Some college13.6%
Bachelor's+78.1%
Housing tenure
88%
Owner88%
Renter12%

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

2021 vs 2026

How Powell, OH has changed in 5 years

Income
$168,046 → $195,495
up 16.3%
Population
13,879 → 14,451
up 4.1%
Renter share
6.4% → 12%
+5.6 pts
Bachelor's+
74.9% → 78.1%
+3.2 pts
Median age
40.7 → 42.8
+2.1 yrs

Household income in the area moved from $168,046 to $195,495 across the same window, up 16.3% versus 2021. The population has grown by 4.1% since 2021, moving from about 13,879 residents to roughly 14,451. Renters now make up 12% of households, compared with 6.4% five years ago. College-educated residents now make up 78.1% of adults here, versus 74.9% in 2021.

Community

Discussions about Powell

No discussions yet. Start the conversation.

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

Can you afford rent in Powell on your salary?

At $2,395/mo, how Powell rent compares to typical pay (30% rule).

By apartment size

Powell rent by bedroom count

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

Local insights

Tips for renters in Powell

About renting in Powell, OH

Last updated: July 20, 2026

The median rent in Powell is $2,395/mo as of July 2026. A studio apartment averages $1,300/mo while a 2-bedroom runs $1,700/mo. One-bedroom apartments average $1,400/mo and 3-bedroom units go for $2,050/mo.

At 15% of local median household income ($195,495/yr), Powell ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

Is Powell an affordable city for renters?

Powell is considered very affordable for renters. At $2,395/mo, rent takes approximately 15% of the local median household income ($195,495/yr). The standard benchmark is 30%. Powell falls comfortably within that range.

How much income do you need to rent in Powell?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,395/mo in Powell. The local median household income is $195,495/yr, meaning the typical Powell household meets that threshold.

Is rent going up or down in Powell?

Rent in Powell has increased 3.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Powell rent compare to other cities in Ohio?

Powell is one of the pricier cities in Ohio for rent, ranking #5 out of 128 tracked cities at $2,395/mo.

Which nearby cities are cheaper to rent in than Powell?

Several nearby cities have lower median rents than Powell ($2,395/mo): Lewis Center ($1,542/mo), Hilliard ($1,607/mo), Delaware ($1,729/mo).

What percentage of Powell residents rent vs. own?

According to Census data, approximately 12% of Powell households are renters, while 88% are owner-occupied. Powell leans toward homeownership, which can mean a smaller rental inventory.

How does Powell rent compare to the national average?

Powell's median rent of $2,395/mo is $430 (22%) above the US national median of $1,965/mo. Within Ohio, it ranks #5 out of 128 tracked cities.
Income Affordability
15%
VERY AFFORDABLE

At $2,395/mo, rent takes ~15% of Powell's median household income ($195,495/yr). The standard benchmark is 30%.

Powell 15%Benchmark 30%
State income tax2.75–3.5%
Run the Powell affordability calculator →
Lowest-rent ZIP codes in Powell
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Powell, OH

Recent submissions

Be the first to submit your rent for Powell.

Recent discussions

No discussions yet.