ZIP Code · OH

ZIP 43223

Part of Columbus, OH

Pop. 28,187·Franklin County·151st most expensive ZIP in Ohio

Median rent (all units)

$1,255/mo

Year-over-Year

+2.5%

Month-over-Month

-1.9%

vs US Median

-$677

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 43223 · $1,255

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

$980

1 BR

$1,050

2 BR

$1,260

3 BR

$1,510

4 BR+

$1,700

Research median

$1,260/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 43223 is 2% below its high of $1,280 in July 2026, at $1,255 as of September 2026.

Past year vs. the rest of Ohio

Rent in ZIP 43223 changed +2.5% 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 9 of the last 12 months.

What a typical income covers

30% of the median household income ($46,911) is $1,173 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,050); a 2-bedroom is $1,260.

Rank in Columbus

3rd cheapest of 21 ZIP codes in Columbus.

From Zillow's monthly rent index (ZORI) for ZIP 43223. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,060/yr

At $1,255/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 (+2.5% YoY, -1.9% MoM), not inventory.

Demographics

Who lives here

ZIP 43223 (Columbus, OH) is majority renter-occupied, has a median income below the national average, 11.9% of residents hold a bachelor's degree or higher.

Population

28,187

Median income

$46,911

Median age

33.7

Renters

55.7%

Age distribution

24.6%

27.3%

25.7%

Under 1824.6%

18–3427.3%

35–5425.7%

55–6411.4%

65+11%

Gender

52%

48%

Male52%

Female48%

Race & ethnicity

59.3%

23%

White59.3%

Black23%

Hispanic10.6%

Asian2.8%

Other4.4%

Education (25+)

23.6%

39.3%

25.1%

No HS diploma23.6%

HS diploma39.3%

Some college25.1%

Bachelor's+11.9%

Housing tenure

44.3%

55.7%

Owner44.3%

Renter55.7%

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

2022 vs 2026

How ZIP 43223 in Columbus, OH has changed in 5 years

Rent

$964 → $1,255

up 30.2%

Income

$43,223 → $46,911

up 8.5%

Population

27,458 → 28,187

up 2.7%

Renter share

51.5% → 55.7%

+4.2 pts

Bachelor's+

11.7% → 11.9%

+0.2 pts

Median age

32.7 → 33.7

+1.0 yrs

Rent in ZIP 43223 in Columbus, OH has increased 30.2% since 2022, going from about $964 per month to roughly $1,255 today. On the earnings side, the typical household in ZIP 43223 in Columbus, OH now reports about $46,911, up from $43,223 in 2021. Rent outpaced income growth by roughly 21.7 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 27,458 to 28,187 between 2021 and 2024, a 2.7% change. About 55.7% of households rent today, against 51.5% in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 43223 in Columbus, OH reflects that arc in its own way.

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About renting in ZIP 43223

Last updated: October 17, 2026

ZIP code 43223 covers Columbus, OH. The median rent here is $1,255/mo as of October 2026. A 1-bedroom rents for a median of $1,050/mo. A 2-bedroom rents for a median of $1,260/mo.

At 32% of local median household income ($46,911/yr), ZIP 43223 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 43223?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,255/mo in ZIP 43223. The local median household income is $46,911/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 43223?

Rent in ZIP 43223 has risen 2.5% over the past year as of September 2026. It sits 2% below its high of $1,280 in July 2026.

How does ZIP 43223 compare to other ZIPs in Ohio?

ZIP 43223 is in the middle among Ohio ZIP codes for rent, ranking #151 of 229 at $1,255/mo. Over the year to September 2026, rent in ZIP 43223 changed +2.5%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.