Other Free Encyclopedias » Real Estate » Real Estate

Real Estate Columbus Ohio - Real Estate in Columbus, Ohio

city average rental houses

Behind the towns of Cincinnati and Cleveland, Columbus is the third largest city in the state of Ohio. As the state’s capital, Columbus is home to many choices of entertainment, including professional hockey and professional soccer, the Columbus Symphony Orchestra, and the sites of the Ohio State University. Columbus is much more than just your average college town, however, as some great housing can be found both within the city and on the outskirts of town.

The city of Columbus boasts a wide range of diversity in terms of the ages of people that call Columbus home. There are just over 750,000 people that are living in the city at any one time and no particular age category is more prevalent than the other.

There is an average of about 1,600 houses and condominiums per square mile in Columbus, which approximates the overall number of dwellings at just under 330,000. Houses/condos that are for sale sell for a median price of just under $135,000 with the average cost of a rental unit being $600/month.

The housing market has been pretty steady in Columbus, as the number of sales fell slightly in 2009, but the average price of a house increased from 2008 by about 40%. The rental units and houses that are found within Columbus were built, on average, in 1975, so the real estate is still fairly new in most parts of the city. Rental apartments also tend to be larger-than-normal and well-furnished with 2 bedrooms and 1 bathroom being the norm in most complexes.

Most houses in Columbus can be found in the $100,000 to $250,000 range with $50,000 to $100,000 being the next largest segment. Most renters will be facing a monthly price of $400 to $700 per month for a standard rental unit. Since Columbus is such a large town, there are a good number of jobs for people to work at. As a result, commute times are relatively low.

Real Estate Dallas Texas - The Dallas Texas Real Estate Market [next] [back] Real Estate Colorado Springs Colorado - Real Estate in Colorado Springs, Colorado

User Comments

Your email address will be altered so spam harvesting bots can't read it easily.
Hide my email completely instead?

Cancel or