What is the rental vacancy rate in Franklin Township (Franklin County), OH?
The rental vacancy rate in Franklin Township (Franklin County), OH is 3.6% (±2.6 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±2.3 points).
266 (±124) homes, 6.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Franklin Township (Franklin County), the rental vacancy rate went from 8.6% in 2015–2019 to 3.6% in 2020–2024 (−5.0 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 3.6% (±2.6 points)
- Homeowner vacancy rate
- 0.0% (±2.3 points)
- Vacant homes
- 266 (±124)
Vacancy in Franklin Township (Franklin County) against Franklin County, its state and the nation
| Franklin Township (Franklin County) | Franklin County | Ohio | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 3.6% (±2.6 points) | 3.8% (±0.3 points) | 4.4% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±2.3 points) | 0.8% (±0.1 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 266 (±124) | 42,370 (±2,020) | 429,200 (±8,629) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Franklin Township (Franklin County), the rental vacancy rate is not measurably different from Franklin County (3.8%).
It is not measurably different from Ohio (4.4%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Franklin Township (Franklin County)
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Franklin Township (Franklin County) | — | 3.6% (±2.6 points) | — |
| Urbancrest | 3.1 mi | 1.5% (±2.5 points) | Not measurably different |
| Grove City | 3.9 mi | 8.5% (±4.2 points) | Not measurably different |
| Jackson Township (Franklin County) | 4.3 mi | 8.0% (±3.9 points) | Not measurably different |
| Valleyview | 4.5 mi | 0.0% (±31.2 points) | Not measurably different |
| Grandview Heights | 4.9 mi | 3.5% (±5.3 points) | Not measurably different |
| Obetz | 5.4 mi | 0.0% (±6.2 points) | Not measurably different |
| Hamilton Township (Franklin County) | 5.4 mi | 0.0% (±4.1 points) | Not measurably different |
| Marble Cliff | 5.6 mi | 0.0% (±21.2 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Franklin County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 12 (tie) | Gahanna | 4.3% (±3.0 points) |
| 12 (tie) | Westerville | 4.3% (±3.4 points) |
| 12 (tie) | Madison Township (Franklin County) | 4.3% (±3.3 points) |
| 15 | Mifflin Township (Franklin County) | 3.8% (±2.6 points) |
| 16 | Truro Township | 3.7% (±2.2 points) |
| 17 (tie) | Columbus | 3.6% (±0.4 points) |
| 17 (tie) | Franklin Township (Franklin County) | 3.6% (±2.6 points) |
| 19 | Grandview Heights | 3.5% (±5.3 points) |
| 20 | Canal Winchester | 3.4% (±5.5 points) |
| 21 | Reynoldsburg | 2.8% (±1.6 points) |
| 22 | Worthington | 2.6% (±4.0 points) |
| 23 | Whitehall | 2.5% (±2.0 points) |
| 24 | Sharon Township (Franklin County) | 2.4% (±3.7 points) |
Showing 13 of 45 places in Franklin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Franklin Township (Franklin County)
Is it hard to find a rental in Franklin Township (Franklin County)?
The rental vacancy rate in Franklin Township (Franklin County), OH is 3.6% (±2.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Franklin Township (Franklin County) tighter than it was?
In Franklin Township (Franklin County), the rental vacancy rate went from 8.6% in 2015–2019 to 3.6% in 2020–2024 (−5.0 percentage points), a measurable decrease.
How many homes are vacant in Franklin Township (Franklin County)?
An estimated 266 (±124) housing units, 6.5% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Franklin County, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Franklin County, Ohio
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin township, Franklin County, Ohio (county subdivision:28280, in state:39 county:049).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Homeowner costs in Franklin Township (Franklin County)
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- Ohio landlord and tenant rules
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- Housing data for every place in Ohio