What is the median rent in Madison Township (Franklin County), OH?
The median gross rent in Madison Township (Franklin County), OH is $1,213 (±$81) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 2,045 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Madison Township (Franklin County), the median gross rent went from $1,118 in 2015–2019 to $1,213 in 2020–2024 (+8.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- Median gross rent
- $1,213 (±$81)
- Rented homes
- 2,045 (±324)
- $2,000 or more
- 16.8%
- Since 2015–2019
- +8.5%
How much rent costs in Madison Township (Franklin County)
| Monthly gross rent | Madison Township (Franklin County) | Franklin County | Ohio | United States |
|---|---|---|---|---|
| Less than $500 | 3.2% (±2.8 points) | 4.3% | 8.8% | 6.3% |
| $500 to $999 | 17.4% (±6.2 points) | 18.0% | 38.3% | 20.2% |
| $1,000 to $1,499 | 49.1% (±10.8 points) | 44.5% | 34.5% | 28.1% |
| $1,500 to $1,999 | 13.4% (±8.1 points) | 23.0% | 12.3% | 21.1% |
| $2,000 to $2,499 | 10.4% (±7.7 points) | 7.0% | 3.7% | 12.0% |
| $2,500 to $2,999 | 5.5% (±3.9 points) | 1.7% | 1.1% | 5.5% |
| $3,000 or more | 0.9% (±1.1 points) | 1.4% | 1.3% | 6.8% |
The most common range is $1,000 to $1,499, paid by 49.1% of renting households.
16.8% of rented homes in Madison Township (Franklin County) cost $2,000 or more a month.
Madison Township (Franklin County) against Franklin County, its state and the nation
| Madison Township (Franklin County) | Franklin County | Ohio | United States | |
|---|---|---|---|---|
| Median gross rent | $1,213 (±$81) | $1,302 (±$9) | $1,034 (±$5) | $1,413 |
| Rented homes paying rent | 2,045 (±324) | 255,150 (±2,942) | 1,512,031 (±11,174) | 42,849,984 |
In Madison Township (Franklin County), median gross rent is lower than in Franklin County ($1,302).
It is also higher than in Ohio ($1,034).
It is lower than the national figure ($1,413).
In Franklin County, Madison Township (Franklin County) ranks 34 of 44 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 276 of 1,916.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Madison Township (Franklin County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,118 (±$96) | $1,213 (±$81) | +8.5% | Down after inflation |
| Households that rent | 24.4% (±3.2 points) | 21.2% (±3.1 points) | −3.2 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±1.3 points) | 4.3% (±3.3 points) | +4.3 percentage points | Measurable increase |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Madison Township (Franklin County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Madison Township (Franklin County) | — | $1,213 (±$81) | — |
| Groveport | 2.0 mi | $1,082 (±$45) | Lower |
| Canal Winchester | 2.5 mi | $1,692 (±$292) | Higher |
| Lithopolis | 2.9 mi | $1,912 (±$744) | Not measurably different |
| Madison Township (Pickaway County) | 4.4 mi | $1,109 (±$98) | Not measurably different |
| Obetz | 4.6 mi | $1,379 (±$276) | Not measurably different |
| Blacklick Estates | 4.7 mi | $1,358 (±$166) | Not measurably different |
| Hamilton Township (Franklin County) | 5.2 mi | $1,327 (±$123) | Not measurably different |
| Brice | 5.9 mi | $1,131 (±$31) | Not measurably different |
Nearby places with a measurably lower figure: Groveport, OH ($1,082).
Nearby places with a measurably higher figure: Canal Winchester, OH ($1,692).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Franklin County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 28 | Columbus | $1,295 (±$10) |
| 29 | Franklin Township (Franklin County) | $1,273 (±$82) |
| 30 | Bexley | $1,268 (±$103) |
| 31 | Reynoldsburg | $1,259 (±$55) |
| 32 | Sharon Township (Franklin County) | $1,239 (±$178) |
| 33 | Worthington | $1,232 (±$167) |
| 34 | Madison Township (Franklin County) | $1,213 (±$81) |
| 35 | Marble Cliff | $1,193 (±$47) |
| 36 | Truro Township | $1,189 (±$43) |
| 37 | Lockbourne | $1,188 (±$227) |
| 38 | Whitehall | $1,145 (±$40) |
| 39 | Brice | $1,131 (±$31) |
| 40 (tie) | Groveport | $1,082 (±$45) |
Showing 13 of 44 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.
What you can do on Seayora in Madison Township (Franklin County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Madison Township (Franklin County), save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Madison Township (Franklin County) beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Madison Township (Franklin County), and send estimates and invoices from your phone.
Questions about Madison Township (Franklin County)
What is the average rent in Madison Township (Franklin County), OH?
The Census Bureau publishes the median rather than the average: the median gross rent in Madison Township (Franklin County) is $1,213 (±$81) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Madison Township (Franklin County)?
In Madison Township (Franklin County), the median gross rent went from $1,118 in 2015–2019 to $1,213 in 2020–2024 (+8.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
How many rentals in Madison Township (Franklin County) cost more than $2,000 a month?
16.8% of rented homes in Madison Township (Franklin County) have a gross rent of $2,000 or more a month, and 3.2% cost less than $500.
Is rent in Madison Township (Franklin County) higher than in Franklin County?
In Madison Township (Franklin County), median gross rent is lower than in Franklin County ($1,302).
It is also higher than in Ohio ($1,034).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Madison township, Franklin County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Madison township, Franklin County, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Madison township, Franklin County, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Madison township, Franklin County, Ohio (county subdivision:46410, 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 B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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
- Housing in Madison Township (Franklin County) at a glance
- Rent by bedrooms in Madison Township (Franklin County)
- Rent burden in Madison Township (Franklin County)
- Renters and owners in Madison Township (Franklin County)
- Income and affordability in Madison Township (Franklin County)
- Home values in Madison Township (Franklin County)
- Homeowner costs in Madison Township (Franklin County)
- Property taxes in Madison Township (Franklin County)
- Types of homes in Madison Township (Franklin County)
- Bedrooms in Madison Township (Franklin County)
- Age of homes in Madison Township (Franklin County)
- Vacancy rate in Madison Township (Franklin County)
- Heating fuel in Madison Township (Franklin County)
- Commute and cars in Madison Township (Franklin County)
- Crime reported to police in Madison Township (Franklin County)
- Population growth in Madison Township (Franklin County)
- How long people stay in Madison Township (Franklin County)
- Crowding and facilities in Madison Township (Franklin County)
- Fair Market Rent in Madison Township (Franklin County)
- Ohio landlord and tenant rules
- Housing across Franklin County
- Ohio places ranked by median rent
- Housing data for every place in Ohio