Columbus Ranked 69th For Expensive Apartments
The latest national reports show that while Columbus rental rates continue to climb, they aren’t climbing by much so far this year. National apartment rental site Abodo combined a new report of the top metropolitan markets in the U.S., and Columbus remained in an affordable 69th place overall for the month of February.
Currently, the report shows that the average one bedroom-apartment in Columbus rents for $699 per month while a two-bedroom apartment rents for $986 on average. Those current prices are an increase of 0.4 percent and 0.9 percent, respectively, over January’s rates.
The most expensive cities for apartment rentals (in order) includes San Francisco, New York City, San Jose, Boston and Washington, D.C. in the top five. Cincinnati landed in 61st place, making it slightly more expensive than Columbus on average, while Cleveland is in 81st place. Both of those other markets saw price decreases over the past month.
“Ohio sported two of the nation’s largest rent decreases, with Cleveland’s one-bedrooms costing 4.7 percent less this month, and Cincinnati’s down 4.4 percent,” stated Abodo Sr. Communications Manager Sam Radbil.
To view the full report, visit www.abodo.com.