RentDataNowRentDataNow
ZIP Code · OH

ZIP 43123

Pop. 67,626·Franklin County·53rd most expensive ZIP in Ohio
Median rent (all units)
$1,646/mo
Year-over-Year
+7.4%
Month-over-Month
+4.3%
vs US Median
-$319
Rising (Monthly)
Be the first to discuss 43123 rents ↓
Most AffordableMost Expensive
ZIP 43123 · $1,646
More affordable than 63% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,110
1 BR
$1,190
2 BR
$1,430
3 BR
$1,710
4 BR+
$1,930
Research median
$1,430/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
$19,752/yr
At $1,646/mo median
Location
StateOH
CountyFranklin County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.4% YoY, +4.3% MoM), not inventory.
Demographics

Who lives here

ZIP 43123 (Grove City, OH) is majority owner-occupied, has a median income above the national average, 31.1% of residents hold a bachelor's degree or higher.

Population
67,626
Median income
$91,008
Median age
40.2
Renters
26.1%
Age distribution
23.6%
19.5%
26.3%
13.6%
17%
Under 1823.6%
18–3419.5%
35–5426.3%
55–6413.6%
65+17%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
85%
White85%
Black4.8%
Hispanic5.2%
Asian2%
Other3%
Education (25+)
30.2%
30.2%
31.1%
No HS diploma8.5%
HS diploma30.2%
Some college30.2%
Bachelor's+31.1%
Housing tenure
73.9%
26.1%
Owner73.9%
Renter26.1%

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

2021 vs 2026

How ZIP 43123 in Grove City, OH has changed in 5 years

Income
$82,308 → $91,008
up 10.6%
Population
66,351 → 67,626
up 1.9%
Renter share
26.7% → 26.1%
-0.6 pts
Bachelor's+
28.2% → 31.1%
+2.9 pts

Census figures show median household income at $91,008 today, compared with $82,308 five years earlier. The population has grown by 1.9% since 2021, moving from about 66,351 residents to roughly 67,626. College-educated residents now make up 31.1% of adults here, versus 28.2% in 2021.

Community

Discussions about ZIP 43123

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 43123

About renting in ZIP 43123

Last updated: July 20, 2026

ZIP code 43123 covers Grove City, OH. The median rent here is $1,646/mo as of July 2026. A 1-bedroom rents for a median of $1,190/mo. A 2-bedroom rents for a median of $1,430/mo.

At 22% of local median household income ($91,008/yr), ZIP 43123 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 43123?

As of July 20, 2026, the median monthly rent in ZIP 43123 (Grove City, OH) is $1,646. This is based on aggregated data from public sources and community submissions.

How does ZIP 43123 rent compare to the US average?

ZIP 43123's median rent of $1,646/mo is $319 (16%) below the US national median of $1,965/mo.

How does ZIP 43123 compare to other ZIPs in Ohio?

ZIP 43123 is one of the pricier ZIP codes in Ohio, ranking #53 out of 232 ZIPs tracked at $1,646/mo.

How much income do you need to rent in ZIP 43123?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,646/mo in ZIP 43123. The local median household income is $91,008/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 43123?

Rent in ZIP 43123 has increased 7.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 43123 an affordable place to rent?

ZIP 43123 is considered very affordable for renters. At $1,646/mo, rent takes approximately 22% of the local median household income ($91,008/yr). The standard benchmark is 30%. ZIP 43123 falls comfortably within that range.

What percentage of ZIP 43123 residents rent vs. own?

According to Census data, approximately 26.1% of ZIP 43123 households are renters, while 73.9% are owner-occupied. ZIP 43123 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 43123 compare to the rest of Grove City?

ZIP 43123 sits right at the Grove City citywide median of $1,646/mo.

When was rent data for ZIP 43123 last updated?

Rent data for ZIP 43123 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,646/mo, rent takes ~22% of ZIP 43123's median household income ($91,008/yr). The standard benchmark is 30%.

ZIP 43123 22%Benchmark 30%
State income tax2.75–3.5%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 43123 (Grove City, OH)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.