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ZIP Code · OH

ZIP 43054

Pop. 27,594·Franklin County·45th most expensive ZIP in Ohio
Median rent (all units)
$1,685/mo
Year-over-Year
+2.7%
Month-over-Month
+2.9%
vs US Median
-$280
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 43054 · $1,685
More affordable than 60% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,700
2 BR
$2,040
3 BR
$2,450
4 BR+
$2,750
Research median
$2,040/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
$20,220/yr
At $1,685/mo median
Location
StateOH
CountyFranklin County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.7% YoY, +2.9% MoM), not inventory.
Demographics

Who lives here

ZIP 43054 (New Albany, OH) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 65.1% of residents hold a bachelor's degree or higher.

Population
27,594
Median income
$148,100
Median age
38.6
Renters
32.3%
Age distribution
26.1%
17.8%
31.8%
14.5%
Under 1826.1%
18–3417.8%
35–5431.8%
55–649.9%
65+14.5%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
71.3%
White71.3%
Black8.8%
Hispanic5.2%
Asian7.1%
Other7.6%
Education (25+)
20.2%
65.1%
No HS diploma3.9%
HS diploma10.9%
Some college20.2%
Bachelor's+65.1%
Housing tenure
67.7%
32.3%
Owner67.7%
Renter32.3%

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

2021 vs 2026

How ZIP 43054 in New Albany, OH has changed in 5 years

Income
$130,906 → $148,100
up 13.1%
Population
28,174 → 27,594
down 2.1%
Renter share
33.7% → 32.3%
-1.4 pts
Bachelor's+
65.3% → 65.1%
-0.2 pts
Median age
36.2 → 38.6
+2.4 yrs

Median household income climbed from $130,906 to $148,100 between 2021 and 2024, a 13.1% shift. Census counts show ZIP 43054 in New Albany, OH losing about 580 residents over the five-year window, down 2.1% on net.

Community

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Local insights

Tips for renters in ZIP 43054

About renting in ZIP 43054

Last updated: July 20, 2026

ZIP code 43054 covers New Albany, OH. The median rent here is $1,685/mo as of July 2026. A 1-bedroom rents for a median of $1,700/mo. A 2-bedroom rents for a median of $2,040/mo.

At 14% of local median household income ($148,100/yr), ZIP 43054 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 43054?

As of July 20, 2026, the median monthly rent in ZIP 43054 (New Albany, OH) is $1,685. This is based on aggregated data from public sources and community submissions.

How does ZIP 43054 rent compare to the US average?

ZIP 43054's median rent of $1,685/mo is $280 (14%) below the US national median of $1,965/mo.

How does ZIP 43054 compare to other ZIPs in Ohio?

ZIP 43054 is one of the pricier ZIP codes in Ohio, ranking #45 out of 232 ZIPs tracked at $1,685/mo.

How much income do you need to rent in ZIP 43054?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,685/mo in ZIP 43054. The local median household income is $148,100/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 43054?

Rent in ZIP 43054 has increased 2.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 43054 an affordable place to rent?

ZIP 43054 is considered very affordable for renters. At $1,685/mo, rent takes approximately 14% of the local median household income ($148,100/yr). The standard benchmark is 30%. ZIP 43054 falls comfortably within that range.

What percentage of ZIP 43054 residents rent vs. own?

According to Census data, approximately 32.3% of ZIP 43054 households are renters, while 67.7% are owner-occupied. ZIP 43054 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 43054 compare to the rest of New Albany?

ZIP 43054 is more affordable than New Albany overall. At $1,685/mo, it's $50 below the New Albany citywide median of $1,735/mo.

When was rent data for ZIP 43054 last updated?

Rent data for ZIP 43054 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
14%
VERY AFFORDABLE

At $1,685/mo, rent takes ~14% of ZIP 43054's median household income ($148,100/yr). The standard benchmark is 30%.

ZIP 43054 14%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 43054 (New Albany, OH)

Recent submissions

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