Hilliard is a lovely suburb of Columbus that is conveniently located near two interstates, making it a thriving center for businesses and prime commuting destination for Central Ohio residents. Though not the most walkable town, Hilliard offers an efficient bus service and other forms of public transportation for those without cars. For sportsmen (and women), you can enjoy one of the many parks in the area or Aquatic Adventures, Ohio’s best diving center. The people of Hilliard love their events, and the local organizations are sure to provide many throughout the year. There is the Taste of Hilliard & Business Expo, Hollyfest Arts & Crafts Show, Franklin County Fair, Solebrate, and Old Hilliardfest, among others. This town is also a center for many musical events, including a free concert in the summer that features a number of different local musicians. If you’re looking for something a little more intimate, stop by open mic night at Kitamu Coffee. Hilliard may be in the ‘burbs, but there is always something to go to, something to do.
If you're not sure how much an apartment will cost, the table below shows the average price by size.
Welcome to the October 2022 Columbus Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 2022 key findings and figures for the Columbus rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Columbus and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Columbus average rent prices in the chart below.
Columbus rent prices decreased over the last month. From September to October, the city experienced a -1.13% decrease for the price of a one-bedroom apartment. The rent price for a Columbus one-bedroom apartments currently stands at $1,221.0.
When we take a look at the two-bedroom comparison from September to October, Columbus experienced a -1.38% decrease for the price of a two-bedroom apartment. The rent price for a Columbus two-bedroom apartments currently stands at $1,291.0.
Rent prices have decreased in Columbus over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Columbus suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Westerville, OH, Dublin, OH, Hilliard, OH, Reynoldsburg, OH, New Albany, OH .
Rent decreased in Gahanna, OH, Grandview Heights, OH.
1 suburb is currently priced higher than the city of Columbus.
6 suburbs are currently priced lower than the city of Columbus.
Rent growth in Columbus over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Columbus average rent prices appear to be relatively affordable for local residents.
The price for a Columbus one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
You can view the full rundown of Rentable's October 2022 National Apartment Report and data set here.
For more information about Columbus and surrounding area rent prices, take a look at the complete data set below.
|1 BR October||1 BR M/M % Change||2 BR October||2 BR M/M % Change|
|Grandview Heights, OH||$1,334.0||0.00%||$1,869.0||1.30%|
|New Albany, OH||$1,171.0||2.27%||$1,633.0||1.37%|
Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.