JeffCroweCRE

Housing market/Ohio/ZIP 43231

ACS 2023 · FY2027 SAFMR

ZIP 43231 Columbus, Ohio

Columbus, OH HUD Metro FMR Area · Ohio. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
22,722
Households
8,432
Median HH income
$75,096
Renter share
44.7%
Median gross rent
$1,127
Vacancy
6.4%
Pop. change
+4.1%
2BR SAFMR
$1,490
SAFMR / rent
1.322×
2–49 unit stock
3,009
LIHTC proj / units
2 / 104
HUD assisted MF
4 / 60

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 43231 · OH — sent to you.

ZIP 43231 · OH

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ACS rent vs 2BR SAFMR

ZIP 43231 — Columbus, OH HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,127
2BR SAFMR$1,490
90% floor$1,341
110% ceiling$1,639

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 43231

  • 1-unit detached4,63951.5%
  • 1-unit attached8239.1%
  • 2–4 units8219.1%
  • 5–49 units2,18824.3%
  • 50+ units5345.9%
TypeUnitsShare
1-unit detached4,63951.5%
1-unit attached8239.1%
2 units (duplex)1311.5%
3–4 units6907.7%
5–9 units1,29714.4%
10–19 units5436.0%
20–49 units3483.9%
50+ units5345.9%
Mobile00.0%

2–4 unit share 9.1% · 5–49 unit share 24.3% · combined 2–49 33.4%.

Units by bedrooms

Studio
247
1BR
710
2BR
3,240
3BR
3,505
4BR
1,137
5+
166

Rent burden

Rent ≥30% of income46.3%
Rent ≥50% of income16.9%
  • ACS median gross rent $1,127 (all bedrooms, occupied rentals).
  • Median contract rent $934.
  • Renters paying ≥30% of income 46.3%; ≥50% 16.9%.
  • FY2027 2BR SAFMR $1,490 (1.322× ACS median gross rent).

Population

22,722 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 104 units.
  • HUD project-based assisted MF: 4 properties, 60 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 8,168 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 43231 44.7% of occupied households are renters; vacancy is 6.4%; ACS median gross rent is $1,127; population increased +4.1% between the 2018 and 2023 ACS vintages; the housing stock includes 821 units in 2–4-unit structures and 2,188 units in 5–49-unit structures; 2 LIHTC projects totaling 104 units; FY2027 2BR SAFMR is $1,490 versus ACS median gross rent of $1,127. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Ohio research

ZIP 43231 is a Census / HUD profile for Columbus, OH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 43231 — Columbus, OH HUD Section 8 Payment Standards / SAFMR·Ohio ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
43001Columbus, OH HUD Metro FMR Area10.8%$1,213$1,51043002Columbus, OH HUD Metro FMR Area22.6%—$2,12043003Columbus, OH HUD Metro FMR Area23.1%$986$1,33043004Columbus, OH HUD Metro FMR Area21.6%$1,393$1,85043008Columbus, OH HUD Metro FMR Area23.2%$920$1,24043013Columbus, OH HUD Metro FMR Area12.4%$1,094$1,45043018Columbus, OH HUD Metro FMR Area50.7%—$1,77043021Columbus, OH HUD Metro FMR Area5.9%$1,360$1,70043023Columbus, OH HUD Metro FMR Area13.4%$1,094$1,40043025Columbus, OH HUD Metro FMR Area24.6%$817$1,13043026Columbus, OH HUD Metro FMR Area30.8%$1,430$1,92043027Columbus, OH HUD Metro FMR Area100.0%—$1,350

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Ohio research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 43231?

ZIP 43231 (Columbus, OH HUD Metro FMR Area) has 22,722 residents, 8,432 households, a renter share of 44.7%, median household income of $75,096, and ACS 2023 median gross rent of $1,127. Vacancy is 6.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 43231?

ACS counts 131 units in 2-unit buildings, 690 in 3–4 unit buildings, 1,297 in 5–9, 543 in 10–19, and 348 in 20–49. Combined 2–49 unit stock is 3,009 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 43231?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,490. See the full schedule and 90–110% payment-standard band on the ZIP 43231 — Columbus, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 43231 is Census / HUD research for Columbus, OH HUD Metro FMR Area. Jeff Crowe CRE does not list Ohio property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.