What is the median rent in Prospect Township, OH?
The median gross rent in Prospect Township, OH is $1,051 (±$111) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 117 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Prospect Township, the median gross rent went from $938 in 2015–2019 to $1,051 in 2020–2024 (+12.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,051 (±$111)
- Rented homes
- 117 (±47)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +12.0%
How much rent costs in Prospect Township
| Monthly gross rent | Prospect Township | Marion County | Ohio | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±26.9 points) | 9.5% | 8.8% | 6.3% |
| $500 to $999 | 39.3% (±23.4 points) | 59.4% | 38.3% | 20.2% |
| $1,000 to $1,499 | 56.4% (±23.4 points) | 27.5% | 34.5% | 28.1% |
| $1,500 to $1,999 | 4.3% (±7.1 points) | 3.1% | 12.3% | 21.1% |
| $2,000 to $2,499 | 0.0% (±26.9 points) | 0.3% | 3.7% | 12.0% |
| $2,500 to $2,999 | 0.0% (±26.9 points) | 0.0% | 1.1% | 5.5% |
| $3,000 or more | 0.0% (±26.9 points) | 0.2% | 1.3% | 6.8% |
The most common range is $1,000 to $1,499, paid by 56.4% of renting households.
0.0% of rented homes in Prospect Township cost $2,000 or more a month.
Prospect Township against Marion County, its state and the nation
| Prospect Township | Marion County | Ohio | United States | |
|---|---|---|---|---|
| Median gross rent | $1,051 (±$111) | $864 (±$31) | $1,034 (±$5) | $1,413 |
| Rented homes paying rent | 117 (±47) | 7,203 (±480) | 1,512,031 (±11,174) | 42,849,984 |
In Prospect Township, median gross rent is higher than in Marion County ($864).
It is not measurably different from Ohio ($1,034).
It is lower than the national figure ($1,413).
In Marion County, Prospect Township ranks 2 of 16 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 521 of 1,916.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Prospect Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $938 (±$192) | $1,051 (±$111) | +12.0% | No measurable change after inflation |
| Households that rent | 18.8% (±5.9 points) | 15.5% (±6.0 points) | −3.3 percentage points | Not a measurable change |
| Rental vacancy rate | 12.5% (±13.0 points) | 11.1% (±17.3 points) | −1.4 percentage points | Not a measurable change |
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 Prospect Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Prospect Township | — | $1,051 (±$111) | — |
| Prospect | 1.2 mi | $1,072 (±$96) | Not measurably different |
| Green Camp | 4.4 mi | $775 (±$89) | Lower |
| Pleasant Township (Marion County) | 4.9 mi | $858 (±$55) | Lower |
| Waldo | 5.3 mi | $917 (±$321) | Not measurably different |
| Waldo Township | 5.9 mi | $791 (±$226) | Lower |
| Green Camp Township | 6.2 mi | $825 (±$225) | Not measurably different |
| Richwood | 6.5 mi | $852 (±$66) | Lower |
| Claibourne Township | 8.5 mi | $802 (±$67) | Lower |
Nearby places with a measurably lower figure: Green Camp, OH ($775), Pleasant Township (Marion County), OH ($858), Waldo Township, OH ($791).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Marion County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Prospect | $1,072 (±$96) |
| 2 | Prospect Township | $1,051 (±$111) |
| 3 | Claridon Township (Marion County) | $1,030 (±$310) |
| 4 | New Bloomington | $962 (±$39) |
| 5 | Waldo | $917 (±$321) |
| 6 | Marion Township (Marion County) | $865 (±$35) |
| 7 | Pleasant Township (Marion County) | $858 (±$55) |
| 8 | Marion | $856 (±$38) |
Showing 8 of 16 places in Marion 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 Prospect Township
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Questions about Prospect Township
What is the average rent in Prospect Township, OH?
The Census Bureau publishes the median rather than the average: the median gross rent in Prospect Township is $1,051 (±$111) 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 Prospect Township?
In Prospect Township, the median gross rent went from $938 in 2015–2019 to $1,051 in 2020–2024 (+12.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Prospect Township cost more than $2,000 a month?
0.0% of rented homes in Prospect Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Prospect Township higher than in Marion County?
In Prospect Township, median gross rent is higher than in Marion County ($864).
It is not measurably different from 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 — Prospect township, Marion County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Prospect township, Marion County, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Prospect township, Marion 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 Prospect township, Marion County, Ohio (county subdivision:64794, in state:39 county:101).
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 Prospect Township at a glance
- Renters and owners in Prospect Township
- Income and affordability in Prospect Township
- Home values in Prospect Township
- Homeowner costs in Prospect Township
- Property taxes in Prospect Township
- Types of homes in Prospect Township
- Bedrooms in Prospect Township
- Age of homes in Prospect Township
- Heating fuel in Prospect Township
- Commute and cars in Prospect Township
- Population growth in Prospect Township
- Ohio landlord and tenant rules
- Housing across Marion County
- Ohio places ranked by median rent
- Housing data for every place in Ohio