Feb 14, 2022 - Real Estate
📈 Apartment costs soar
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Just as local home prices continue to skyrocket, the average costs of one- and two-bedroom apartments in Columbus rose sharply in 2021.
State of play: High demand is pushing apartment prices higher in most U.S. cities and states.
- Last December's 97.5% U.S. occupancy rate was the highest ever recorded.
Yes, but: Rental prices here are still lower than national averages, according to the most recent data from housing site Rent.com.
By the numbers: Ohio rents are a whopping 37-43% lower than the national averages.
- Though pricier than most of the rest of the state, Columbus ranks just 55th among major U.S. cities in rental costs.