Cost of Living in Franklin County, Ohio
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Franklin County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Franklin County, Ohio
Franklin County rents rank higher nationally
Franklin County residents spend 20.1% of their income on rent, significantly above the national average of 15.6%. This means a typical household here dedicates roughly one-fifth of earnings to housing costs, compared to the national norm.
Among Ohio's least affordable counties
Franklin County's rent-to-income ratio of 20.1% ranks it among Ohio's least affordable counties, well above the state average of 15.6%. The median rent of $1,233 per month exceeds the Ohio median of $873 by 41%.
Pricier than rural neighbors, less than suburbs
Franklin County's median rent of $1,233 significantly exceeds nearby Fulton County ($832) and Hancock County ($926), reflecting Columbus's urban pull. However, it remains more affordable than wealthy suburban Geauga County, where median rent climbs to $1,018 despite higher home values.
Homeownership costs bite harder here
Monthly housing costs break down to $1,233 for renters and $1,423 for homeowners against a median income of $73,795. This means the typical household dedicates over 20% of income to rent alone, or nearly 23% for mortgage-paying owners.
Columbus offers urban life—with a price
If you're considering a move to Franklin County, weigh the urban amenities and job market against above-average housing costs. Exploring nearby Fulton, Hancock, or Greene counties could yield comparable income opportunities with significantly lower rent burdens.
Affordability Calculator
See how your income compares to housing costs in Franklin County
Rent Burden
20.1%
of gross income
Max Housing (28% Rule)
$1,722
per month
Owner Cost Burden
23.1%
of gross income
The median home in Franklin County may be a stretch
Median home value is $265,700. Estimated monthly cost: $2,121 vs. your max of $1,722.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.