What is the rental vacancy rate in Madison Township (Franklin County), OH?

The rental vacancy rate in Madison Township (Franklin County), OH is 4.3% (±3.3 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.0% (±0.5 points).

433 (±178) homes, 4.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Madison Township (Franklin County), the rental vacancy rate went from 0.0% in 2015–2019 to 4.3% in 2020–2024 (+4.3 percentage points), a measurable increase.

Figures last updated on .

Rental vacancy rate
4.3% (±3.3 points)
Homeowner vacancy rate
0.0% (±0.5 points)
Vacant homes
433 (±178)

Vacancy in Madison Township (Franklin County) against Franklin County, its state and the nation

Estimate (90% margin of error)
Madison Township (Franklin County)Franklin CountyOhioUnited States
Rental vacancy rate4.3% (±3.3 points)3.8% (±0.3 points)4.4% (±0.2 points)5.5%
Homeowner vacancy rate0.0% (±0.5 points)0.8% (±0.1 points)0.8% (±0.1 points)0.9%
Vacant housing units433 (±178)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 Madison 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 Madison Township (Franklin County)

Nearest places with a published estimate, compared with Madison Township (Franklin County)
PlaceDistanceRental vacancy rateCompared with this place
Madison Township (Franklin County)—4.3% (±3.3 points)—
Groveport2.0 mi1.8% (±2.9 points)Not measurably different
Canal Winchester2.5 mi3.4% (±5.5 points)Not measurably different
Lithopolis2.9 mi0.0% (±24.2 points)Not measurably different
Madison Township (Pickaway County)4.4 mi0.0% (±17.7 points)Not measurably different
Obetz4.6 mi0.0% (±6.2 points)Not measurably different
Blacklick Estates4.7 mi8.8% (±9.9 points)Not measurably different
Hamilton Township (Franklin County)5.2 mi0.0% (±4.1 points)Not measurably different
Brice5.9 mi0.0% (±47.0 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

RankPlaceRental vacancy rate
8Pleasant Township (Franklin County)6.3% (±12.0 points)
9Upper Arlington5.9% (±4.0 points)
10Dublin5.1% (±3.4 points)
11Washington Township (Franklin County)4.5% (±3.0 points)
12 (tie)Gahanna4.3% (±3.0 points)
12 (tie)Westerville4.3% (±3.4 points)
12 (tie)Madison Township (Franklin County)4.3% (±3.3 points)
15Mifflin Township (Franklin County)3.8% (±2.6 points)
16Truro Township3.7% (±2.2 points)
17 (tie)Columbus3.6% (±0.4 points)
17 (tie)Franklin Township (Franklin County)3.6% (±2.6 points)
19Grandview Heights3.5% (±5.3 points)
20Canal Winchester3.4% (±5.5 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.

What you can do on Seayora in Madison Township (Franklin County)

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Questions about Madison Township (Franklin County)

Is it hard to find a rental in Madison Township (Franklin County)?

The rental vacancy rate in Madison Township (Franklin County), OH is 4.3% (±3.3 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 Madison Township (Franklin County) tighter than it was?

In Madison Township (Franklin County), the rental vacancy rate went from 0.0% in 2015–2019 to 4.3% in 2020–2024 (+4.3 percentage points), a measurable increase.

How many homes are vacant in Madison Township (Franklin County)?

An estimated 433 (±178) housing units, 4.1% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

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 DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API 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 .

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