Apartments in Westerville Columbus

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Westerville

A Columbus Neighborhood

Summary

Westerville is a suburb of Columbus that thrives on its historic origins and active sensibilities. Many of the old brick buildings have been recently renovated, meaning that your local Starbucks may be contained in a late 19th century town home. This is an intellectual ‘burb, containing an award-winning library and the underplayed Otterbein University. Residents are located conveniently near two large shopping malls known across Ohio: the Easton Town Center and Polaris Fashion Place. For those looking for Westerville’s artistic side, check out Historic Uptown. Uptown is full of smaller shops and restaurants that are the pride of the community, giving the community an artistic flair that rivals parts of Short North. This area also hosts the exciting 4th Friday Festival. To attend the Westerville Area Chamber Music and Arts Festival, cruise on over to Heritage Park. Westerville is also an incredibly health-conscious and active community that gets a lot of use out of its large Park and Recreation Center.

Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$2,794
Studio
$0
1 Bedroom
$1,076
2 Bedrooms
$1,990
3 Bedrooms
$2,398
4 Bedrooms
$3,437
5+ Bedrooms
Get your search on...

Columbus:
October Rent Report

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.

Monthly Rent Report

Columbus Rent Prices Decrease From September to October

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.

October Prices: Columbus vs. Surrounding Areas

Rent Prices in Columbus and Surrounding Areas

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.

October 2022 Pricing Trends: Columbus vs. National Comparisons

Columbus Rent Prices More Affordable Than Major Cities

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.

Data set for Columbus and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change
Columbus, OH $1,235.0 -0.08% $1,309.0 0.08%
Westerville, OH $1,170.0 1.65% $1,513.0 2.30%
Dublin, OH $1,219.0 0.25% $1,610.0 1.96%
Hilliard, OH $1,073.0 2.19% $1,373.0 2.46%
Reynoldsburg, OH $863.0 1.53% $1,166.0 0.69%
Gahanna, OH $1,002.0 -0.30% $1,333.0 -0.52%
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%

Methodology

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.