At $2,480/mo, rent takes about 15% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,480 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Powell changed +8.2% over the year to September 2026. Across the 93 Ohio cities Zillow tracks, the typical change was +4.3%.
Rent has risen 5 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($195,495) is $4,887 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,280).
Lewis Center, 5 miles away, rents for 32% less ($1,691/mo), about $9,500 a year in savings.
From Zillow's monthly rent index (ZORI) for Powell. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Powell, OH has changed in 5 years
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.
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Can you afford rent in Powell on your salary?
At $2,480/mo, how Powell rent compares to typical pay (30% rule).
Powell rent by bedroom count
Median rent for each apartment size in Powell. Click any size for full breakdown.
Tips for renters in Powell
Last updated: October 17, 2026
The median rent in Powell is $2,480/mo as of October 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 8.2% over the past year.
Frequently asked questions
How much income do you need to rent in Powell?
Is rent going up or down in Powell?
How does Powell rent compare to other cities in Ohio?
Which nearby cities are cheaper to rent in than Powell?
At $2,480/mo, rent takes ~15% of Powell's median household income ($195,495/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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