ZIP Code · OH

ZIP 43227

Part of Columbus, OH

Pop. 25,358·Franklin County·82nd most expensive ZIP in Ohio

Median rent (all units)

$1,510/mo

Year-over-Year

+4.3%

Month-over-Month

+0.3%

vs US Median

-$422

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 43227 · $1,510

More affordable than 72% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,050

1 BR

$1,130

2 BR

$1,350

3 BR

$1,620

4 BR+

$1,820

Research median

$1,350/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 43227 usually run 2.1% below trend in December and 1.6% above it in August, about $56 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 43227 is at its highest level since Zillow's records here began in August 2021.

Past year vs. the rest of Ohio

Rent in ZIP 43227 changed +4.4% over the year to September 2026. Across the 190 Ohio ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent has risen 4 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($48,159) is $1,204 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,130); a 2-bedroom is $1,350.

Rank in Columbus

13th cheapest of 21 ZIP codes in Columbus.

Cheaper nearby

ZIP 43232, 2 miles away, rents for 14% less ($1,295/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 43227. 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

$18,120/yr

At $1,510/mo median

Location

CityColumbus

StateOH

CountyFranklin County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.3% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 43227 (Columbus, OH) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 16% of residents hold a bachelor's degree or higher.

Population

25,358

Median income

$48,159

Median age

36.8

Renters

47.8%

Age distribution

27.4%

20.5%

23.4%

12.1%

16.6%

Under 1827.4%

18–3420.5%

35–5423.4%

55–6412.1%

65+16.6%

Gender

47%

53%

Male47%

Female53%

Race & ethnicity

22%

61.5%

White22%

Black61.5%

Hispanic10.6%

Asian0.9%

Other4.9%

Education (25+)

13.6%

39.9%

30.6%

16%

No HS diploma13.6%

HS diploma39.9%

Some college30.6%

Bachelor's+16%

Housing tenure

52.2%

47.8%

Owner52.2%

Renter47.8%

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

2022 vs 2026

How ZIP 43227 in Columbus, OH has changed in 5 years

Rent

$1,177 → $1,510

up 28.3%

Income

$39,507 → $48,159

up 21.9%

Population

24,779 → 25,358

up 2.3%

Renter share

51.8% → 47.8%

-4.0 pts

Bachelor's+

15.4% → 16%

+0.6 pts

Median age

36.1 → 36.8

+0.7 yrs

The median rent in ZIP 43227 in Columbus, OH stood at $1,177 in 2022 and currently runs about $1,510, reflecting a 28.3% increase over the period. Median household income rose from $39,507 to $48,159 between 2021 and 2024, a 21.9% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.3% since 2021, moving from about 24,779 residents to roughly 25,358. Renters now make up 47.8% of households, compared with 51.8% five years ago. Taken together, the five-year picture in ZIP 43227 in Columbus, OH reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 43227

Last updated: October 17, 2026

ZIP code 43227 covers Columbus, OH. The median rent here is $1,510/mo as of October 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,350/mo.

At 38% of local median household income ($48,159/yr), ZIP 43227 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 43227?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,510/mo in ZIP 43227. The local median household income is $48,159/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 43227?

Rent in ZIP 43227 has risen 4.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in August 2021.

When is the cheapest time to rent in ZIP 43227?

Asking rents in ZIP 43227 are usually lowest in December, about 2.1% below their yearly trend, and highest in August, about 1.6% above it. At today's median that is a gap of roughly $56 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 43227 compare to other ZIPs in Ohio?

ZIP 43227 is in the middle among Ohio ZIP codes for rent, ranking #82 of 229 at $1,510/mo. Over the year to September 2026, rent in ZIP 43227 changed +4.4%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.