Columbus, Georgia Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Columbus, Georgia rental market.
Highlights
An apartment for rent in Columbus, Georgia typically goes for $1,228 per month, while a single-family home for rent in Columbus, Georgia has a monthly cost of around $1,104. Renter-occupied units make up 50% of the local housing market, while the rental vacancy rate in Columbus, Georgia is at 5.
Columbus, Georgia
Average Apartment Rent
$1,228
Y-o-Y Change in Average
Apartment Rent
7.4%
Average Single-Family Rent
$1,104
As of November 2024
Compared to a year ago, Columbus, Georgia apartments have recorded a 7.4% rent increase.
Columbus, Georgia Average apartment rent trend
Columbus, Georgia Average Apartment Rent
Columbus, Georgia Apartment rent ranges
At 50.84%, apartments priced $1,000 - $1,500 represent the bulk of Columbus, Georgia rentals, while condos priced Under $500 hold the lowest share of the market – 0.04%.
Columbus, Georgia Housing tenure**
Renters take up 50% of Columbus, Georgia real estate, occupying a total of 40,321 units, while homeowners live in 39,535 properties.
Median number of rooms of renter-occupied housing units**
4.8
Renter median household income**
$41,396
Average household size of renter-occupied housing units**
2.44
Rental vacancy rate**
5%
Columbus, Georgia Renter-occupied housing units by no. of bedrooms**
There are 14,831 rentals in Columbus, Georgia with 2 beds making up the highest share of the market, at 37%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 348 units. Overall, the median number of rooms in Columbus, Georgia homes for rent is 4.8.
Columbus, Georgia Renter-occupied units by age of householder**
Most condos for rent in Columbus, Georgia are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Columbus, Georgia Renter-occupied housing units by family type**
Columbus, Georgia Renter-occupied housing units by the presence of own children**
A total of 21,506 apartments for rent in Columbus, Georgia, or 53% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 14,151 units. All in all, the median size of a renter-occupied household in Columbus, Georgia is 2.44.
Columbus, Georgia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Columbus, Georgia.
Columbus, Georgia Renter-occupied units by year structure built**
The highest share of Columbus, Georgia apartment rentals, namely 16% or 6,596 units, were Built 1970 - 1979, followed by those Built 2000 - 2009 (16%, 6,291 units), and the ones Built 1990 - 1999 (14%, 5,496 units).
Columbus, Georgia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Columbus, Georgia renters (41%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Columbus, Georgia condos for rent is 2018.
Columbus, Georgia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 49% of Columbus, Georgia renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 16% have No vehicle available.
Columbus, Georgia Means of transportation to work of householders living in renter-occupied housing units**
Columbus, Georgia Geographical mobility in the past year for householders living in renter-occupied housing units**
Columbus, Georgia Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Columbus, Georgia apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
