ZIP Code · OH

ZIP 43203

Part of Columbus, OH

Pop. 8,618·Franklin County·145th most expensive ZIP in Ohio

Median rent (all units)

$1,271/mo

Year-over-Year

+1.7%

Month-over-Month

-0.3%

vs US Median

-$661

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 43203 · $1,271

More affordable than 88% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$890

1 BR

$950

2 BR

$1,140

3 BR

$1,370

4 BR+

$1,540

Research median

$1,140/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 43203 is 1.5% below its high of $1,290 in January 2026, at $1,271 as of September 2026.

Past year vs. the rest of Ohio

Rent in ZIP 43203 changed +1.7% over the year to September 2026. Across the 190 Ohio ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($47,572) is $1,189 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,140); a 3-bedroom is $1,370.

Rank in Columbus

5th cheapest of 21 ZIP codes in Columbus.

From Zillow's monthly rent index (ZORI) for ZIP 43203. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,252/yr

At $1,271/mo median

Location

CityColumbus

StateOH

CountyFranklin County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.7% YoY, -0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 43203 (Columbus, OH) is majority renter-occupied, has a median income below the national average, 33.1% of residents hold a bachelor's degree or higher.

Population

8,618

Median income

$47,572

Median age

33.5

Renters

68.9%

Age distribution

24.1%

29.9%

23.9%

13.2%

Under 1824.1%

18–3429.9%

35–5423.9%

55–649%

65+13.2%

Gender

47.2%

52.8%

Male47.2%

Female52.8%

Race & ethnicity

31.4%

54.9%

White31.4%

Black54.9%

Hispanic3.7%

Asian2.1%

Other7.9%

Education (25+)

24.9%

31.5%

33.1%

No HS diploma10.5%

HS diploma24.9%

Some college31.5%

Bachelor's+33.1%

Housing tenure

31.1%

68.9%

Owner31.1%

Renter68.9%

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

2021 vs 2026

How ZIP 43203 in Columbus, OH has changed in 5 years

Income

$38,797 → $47,572

up 22.6%

Population

9,144 → 8,618

down 5.8%

Renter share

69.3% → 68.9%

-0.4 pts

Bachelor's+

24.7% → 33.1%

+8.4 pts

Median age

32.2 → 33.5

+1.3 yrs

Local incomes tracked alongside that move, going from a median of $38,797 in 2021 to $47,572 more recently. The population has contracted by 5.8% since 2021, moving from about 9,144 residents to roughly 8,618. College-educated residents now make up 33.1% of adults here, versus 24.7% in 2021.

Community

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Local insights

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About renting in ZIP 43203

Last updated: October 17, 2026

ZIP code 43203 covers Columbus, OH. The median rent here is $1,271/mo as of October 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,140/mo.

At 32% of local median household income ($47,572/yr), ZIP 43203 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 43203?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (about $25/hour full-time) to afford the median rent of $1,271/mo in ZIP 43203. The local median household income is $47,572/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 43203?

Rent in ZIP 43203 has risen 1.7% over the past year as of September 2026. It sits 1.5% below its high of $1,290 in January 2026.

How does ZIP 43203 compare to other ZIPs in Ohio?

ZIP 43203 is in the middle among Ohio ZIP codes for rent, ranking #145 of 229 at $1,271/mo. Over the year to September 2026, rent in ZIP 43203 changed +1.7%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.