Columbus, IN housing market
Typical home value
$279K
▲ 2.2% 1 yr
Typical rent
$1,385/mo
▲ 2.4% 1 yr
Gross rent yield
6.0%
U.S. 6.3%
5-year home value change
+28%
U.S. +20%
Key takeaways
- 1The typical home in Columbus is worth $278,652, up 2.2% over the past year and up 28% over five years.
- 2Typical rent is $1,385 a month (+2.4% YoY), a gross rent yield of 6.0% (below the Columbus, IN metro's 6.0%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,531/mo, $146 more than typical rent.
- 4Zillow forecasts the Columbus, IN metro's home values to change +3.4% over the next 12 months.
Market temperature (Columbus, IN metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 35/100, #366 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Columbus compares
| Measure | Columbus | Columbus, IN metro | United States |
|---|---|---|---|
| Typical home value | $278,652 | $274,091 | $366,157 |
| Home value, 1-yr change | +2.2% | +2.5% | +1.2% |
| Typical rent | $1,385 | $1,380 | $1,932 |
| Rent, 1-yr change | +2.4% | +2.5% | +2.7% |
| Gross rent yield | 6.0% | 6.0% | 6.3% |
| Price-to-rent ratio | 16.8 | 16.6 | 15.8 |
| Mortgage P&I, typical home | $1,531 | $1,506 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Columbus rental, pre-filled.
Rent vs buy in Columbus
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $279K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.