ZIP Code · OH

ZIP 43204

Part of Columbus, OH
Pop. 42,962·Franklin County·109th most expensive ZIP in Ohio
Median rent (all units)
$1,390/mo
Year-over-Year
+0.7%
Month-over-Month
-0.2%
vs US Median
-$542
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 43204 · $1,390
More affordable than 81% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,010
1 BR
$1,090
2 BR
$1,300
3 BR
$1,560
4 BR+
$1,750
Research median
$1,300/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

Cheapest month to sign

December. Asking rents in ZIP 43204 usually run 1.2% below trend in December and 1.3% above it in July, about $35 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 43204 is 1.8% below its high of $1,416 in April 2026, at $1,390 as of September 2026.

Past year vs. the rest of Ohio

Rent in ZIP 43204 changed +0.7% over the year to September 2026. Across the 190 Ohio ZIP codes Zillow tracks, the typical change was +3.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 43204 rose 46.6% while median household income rose 19.9% ($49,425 to $59,266). Rent outpaced income.

Since before the pandemic

Rent in ZIP 43204 is 42.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($59,266) is $1,482 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,300); a 3-bedroom is $1,560.

Rank in Columbus

11th cheapest of 21 ZIP codes in Columbus.

Cheaper nearby

ZIP 43224, 8 miles away, rents for 17% less ($1,149/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 43204. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$16,680/yr
At $1,390/mo median
Location
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 (+0.7% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 43204 (Columbus, OH) is roughly split between renters and owners, has a median income below the national average, 25.2% of residents hold a bachelor's degree or higher.

Population
42,962
Median income
$59,266
Median age
34
Renters
50.5%
Age distribution
23.5%
28.7%
24%
12.3%
Under 1823.5%
18–3428.7%
35–5424%
55–6411.5%
65+12.3%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
60.8%
13.9%
17.7%
White60.8%
Black13.9%
Hispanic17.7%
Asian2.6%
Other5.1%
Education (25+)
16.7%
32.9%
25.1%
25.2%
No HS diploma16.7%
HS diploma32.9%
Some college25.1%
Bachelor's+25.2%
Housing tenure
49.5%
50.5%
Owner49.5%
Renter50.5%

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

2021 vs 2026

How ZIP 43204 in Columbus, OH has changed in 5 years

Rent
$1,079 → $1,390
up 28.8%
Income
$52,609 → $59,266
up 12.7%
Population
43,647 → 42,962
down 1.6%
Renter share
47.6% → 50.5%
+2.9 pts
Bachelor's+
26% → 25.2%
-0.8 pts

Compared with 2021, rent in ZIP 43204 in Columbus, OH has increased by $311 per month, settling near $1,390 after starting the period at $1,079. Census figures show median household income at $59,266 today, compared with $52,609 five years earlier. Rent outpaced income growth by roughly 16.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 43,647 to 42,962 between 2021 and 2024, a 1.6% change. About 50.5% of households rent today, against 47.6% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 43204

Last updated: October 17, 2026

ZIP code 43204 covers Columbus, OH. The median rent here is $1,390/mo as of October 2026. A 1-bedroom rents for a median of $1,090/mo. A 2-bedroom rents for a median of $1,300/mo.

At 28% of local median household income ($59,266/yr), ZIP 43204 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 43204?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (about $27/hour full-time) to afford the median rent of $1,390/mo in ZIP 43204. The local median household income is $59,266/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 43204?

Rent in ZIP 43204 has risen 0.7% over the past year as of September 2026. It sits 1.8% below its high of $1,416 in April 2026.

When is the cheapest time to rent in ZIP 43204?

Asking rents in ZIP 43204 are usually lowest in December, about 1.2% below their yearly trend, and highest in July, about 1.3% above it. At today's median that is a gap of roughly $35 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 43204?

Yes. From 2019 to 2024, rent in ZIP 43204 rose 46.6% while median household income rose 19.9%, from $49,425 to $59,266. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 43204 compare to other ZIPs in Ohio?

ZIP 43204 is in the middle among Ohio ZIP codes for rent, ranking #109 of 229 at $1,390/mo. Over the year to September 2026, rent in ZIP 43204 changed +0.7%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.

How does ZIP 43204 compare to the rest of Columbus?

At $1,390/mo, ZIP 43204 is $81 below the Columbus citywide median of $1,471/mo. It is the 11th cheapest of 21 ZIP codes in Columbus.
Income Affordability
28%
AFFORDABLE

At $1,390/mo, rent takes ~28% of ZIP 43204's median household income ($59,266/yr). The standard benchmark is 30%.

ZIP 43204 28%Benchmark 30%
State income tax2.75–3.5%
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