Rental Property Investing in Columbus, OH

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The numbers

Median sale price

$150,000

Median monthly rent

$1,200

Rent / price

0.80%

Estimated cap rate

6.4%

Estimated monthly cash flow

$4

Estimated cash-on-cash

0.2%

Sale prices

falling

Rents

falling

County population change (5 yrs)

3.3%

County unemployment

4.4%

Measured in ZIP 43211 on 2026-10-19. That’s one established investor neighborhood, not the whole city. The cash flow and cash-on-cash figures run the median price and rent through the calculator’s defaults (20% down, 7% interest, 30-year loan, a flat 1.1% property tax rate, standard vacancy, repairs and management), so they describe a typical house in that zip.

What to know about Columbus

Columbus is the faster-growing Ohio metro. Ohio State, state government and a big insurance and banking sector keep demand for rentals steady, and the population has grown for years.

That growth is why prices are higher than Cleveland or Cincinnati and rent-to-price ratios are usually lower.

Landlord and tenant rules in Ohio

• Overall: landlord friendly
• Security deposit limit: No statutory cap
• Rent control: no statewide rent control
• Notice for unpaid rent: 3 days

General information only, not legal advice. Landlord-tenant law changes and varies by city/county within a state. Verify current rules with a local attorney or your state's housing authority before relying on this. More on this in tenant-friendly vs landlord-friendly states.

Check a real deal in Columbus

Market medians point you at a city. Whether one house works depends on its own price, rent and repair needs, so paste them into the calculator, or read how cash-on-cash return and a good cap rate are worked out. If you’re buying from far away, the out-of-state guide covers property managers and remote closings.

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