ZIP Code · OH

ZIP 43206

Part of Columbus, OH
Pop. 21,996·Franklin County·38th most expensive ZIP in Ohio
Median rent (all units)
$1,685/mo
Year-over-Year
+4.6%
Month-over-Month
Stable
vs US Median
-$247
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 43206 · $1,685
More affordable than 59% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,210
2 BR
$1,450
3 BR
$1,740
4 BR+
$1,950
Research median
$1,450/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

February. Asking rents in ZIP 43206 usually run 1.2% below trend in February and 1.2% above it in May, about $40 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 43206 is at its highest level since Zillow's records here began in July 2016.

Past year vs. the rest of Ohio

Rent in ZIP 43206 changed +4.6% 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 43206 rose 45.8% while median household income rose 37.7% ($55,043 to $75,806). Rent outpaced income.

Since before the pandemic

Rent in ZIP 43206 is 53.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($75,806) is $1,895 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,740); a 4-bedroom is $1,950.

Rank in Columbus

19th cheapest of 21 ZIP codes in Columbus.

Cheaper nearby

ZIP 43205, 1 mile away, rents for 19% less ($1,369/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 43206. 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
$20,220/yr
At $1,685/mo median
Location
StateOH
CountyFranklin County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.6% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 43206 (Columbus, OH) is roughly split between renters and owners, skews toward younger working-age adults, 50.1% of residents hold a bachelor's degree or higher.

Population
21,996
Median income
$75,806
Median age
34.2
Renters
51.3%
Age distribution
15.3%
37%
25%
13.2%
Under 1815.3%
18–3437%
35–5425%
55–649.5%
65+13.2%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
56.3%
29.6%
White56.3%
Black29.6%
Hispanic5.6%
Asian1.1%
Other7.4%
Education (25+)
20.3%
23.7%
50.1%
No HS diploma5.8%
HS diploma20.3%
Some college23.7%
Bachelor's+50.1%
Housing tenure
48.7%
51.3%
Owner48.7%
Renter51.3%

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

2021 vs 2026

How ZIP 43206 in Columbus, OH has changed in 5 years

Rent
$1,226 → $1,685
up 37.4%
Income
$62,310 → $75,806
up 21.7%
Population
22,488 → 21,996
down 2.2%
Renter share
53.4% → 51.3%
-2.1 pts
Bachelor's+
44.5% → 50.1%
+5.6 pts

Compared with 2021, rent in ZIP 43206 in Columbus, OH has climbed by $459 per month, settling near $1,685 after starting the period at $1,226. Local incomes tracked alongside that move, going from a median of $62,310 in 2021 to $75,806 more recently. Rent outpaced income growth by roughly 15.7 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 22,488 to 21,996 between 2021 and 2024, a 2.2% change. About 51.3% of households rent today, against 53.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 44.5% to 50.1%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 43206 in Columbus, OH market of 2021.

Community

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Local insights

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About renting in ZIP 43206

Last updated: October 17, 2026

ZIP code 43206 covers Columbus, OH. The median rent here is $1,685/mo as of October 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,450/mo.

At 27% of local median household income ($75,806/yr), ZIP 43206 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 43206?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,685/mo in ZIP 43206. The local median household income is $75,806/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 43206?

Rent in ZIP 43206 has risen 4.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in July 2016.

When is the cheapest time to rent in ZIP 43206?

Asking rents in ZIP 43206 are usually lowest in February, about 1.2% below their yearly trend, and highest in May, about 1.2% above it. At today's median that is a gap of roughly $40 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 43206?

Yes. From 2019 to 2024, rent in ZIP 43206 rose 45.8% while median household income rose 37.7%, from $55,043 to $75,806. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 43206 compare to other ZIPs in Ohio?

ZIP 43206 is one of the pricier among Ohio ZIP codes for rent, ranking #38 of 229 at $1,685/mo. Over the year to September 2026, rent in ZIP 43206 changed +4.6%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.

How does ZIP 43206 compare to the rest of Columbus?

At $1,685/mo, ZIP 43206 is $214 above the Columbus citywide median of $1,471/mo. It is the 19th cheapest of 21 ZIP codes in Columbus.
Income Affordability
27%
AFFORDABLE

At $1,685/mo, rent takes ~27% of ZIP 43206's median household income ($75,806/yr). The standard benchmark is 30%.

ZIP 43206 27%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 43206 (Columbus, OH)

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