Columbus Multifamily Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from Matthews, Cushman & Wakefield, Lee Associates

Quarterly multifamily market indicators for Columbus, aggregated by PropZone from Matthews, Cushman & Wakefield, Lee Associates. As of Q1 2026, average asking rent was — with a 10.2% vacancy rate.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 202610.2%1K SFMatthews
Q4 202523.5%300K SFCushman & Wakefield
Q4 20259.5%Matthews
Q3 2020$1731.00/SF6.1%1K SFLee Associates
Q3 2019$3109.00/SF4.2%0K SFLee Associates

Frequently asked questions

What is the average asking rent for multifamily space in Columbus?
PropZone aggregates multifamily asking-rent data for Columbus from major brokerage market reports; see the quarterly table for the latest available figures.
What is the multifamily vacancy rate in Columbus?
The multifamily vacancy rate in Columbus was 10.2% as of Q1 2026 (Matthews).
Where does PropZone's Columbus market data come from?
This report aggregates quarterly multifamily market data for Columbus from Matthews, Cushman & Wakefield, Lee Associates.