How many apartments are available in 47203 on Rentable.co?
Rentable.co has 4 apartments available for rent in 47203.
What is the average rent for an apartment in 47203?
The average rent for an apartment in 47203 is around $1,340 per month.
Find an Apartment in 47203
Looking for apartments for rent in 47203 Columbus, IN? You're in luck! Right now, there are 8 units available for rent in this area on Rentable. The average rent for apartments in 47203 is $1,340, with 3-bedroom units starting at $1,338.
Whether you're searching for a studio, one-bedroom, or two-bedroom apartment, the 47203 zip code has options to suit your needs. Take advantage of the opportunity to live in this sought-after area of Columbus, IN.
Don't miss out on the chance to rent an apartment in 47203. Explore Rentable's listings today and find the perfect place for you to call home in Columbus, IN.
Columbus: December Rent Report
Welcome to the December 2024 Columbus Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
December 2024 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
$1,350
$1,010
$680
$340
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR2 BR
Columbus Rent Prices Decrease From November to December
Columbus rent prices decreased over the last month. From November to December, the city experienced a -0.67% decrease for the price of a one-bedroom apartment. The rent price for a Columbus one-bedroom apartments currently stands at $1,190.0.
When we take a look at the two-bedroom comparison from November to December, Columbus experienced a 1.89% increase for the price of a two-bedroom apartment. The rent price for a Columbus two-bedroom apartments currently stands at $1,294.0.
December Prices: Columbus vs. Surrounding Areas
Columbus, IN
Seymour, IN
Franklin, IN
Shelbyville, IN
$1,198
$1,127
$881
$775
$0
$400
$800
$1,200
$1,600
Median 1 BR Rent
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 0 of the Columbus suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Columbus suburbs
Rent decreased in Franklin, IN, Seymour, IN, Shelbyville, IN.
3 suburbs are currently priced lower than the city of Columbus.
December 2024 Pricing Trends: Columbus vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Columbus, IN
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$1,198
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
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.
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 December
1 BR M/M % Change
2 BR December
2 BR M/M % Change
Franklin, IN
$881.0
0.00%
$1,403.0
-3.24%
Columbus, IN
$1,198.0
-0.99%
$1,270.0
0.48%
Seymour, IN
$1,127.0
-5.06%
$1,161.0
-0.34%
Shelbyville, IN
$775.0
-0.90%
$940.0
-1.05%
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.