How much is a home worth in ZIP code 43203?

The typical home in 43203 is worth $235,188, based on the Zillow Home Value Index.

Are home values rising in 43203?

Home values in 43203 are down 5.4% over the past year, and up 1.7% a year over five years.

What is the typical rent in 43203?

A typical home in 43203 rents for about $1,293 a month, a gross rental yield of 6.6%.

What is the property tax rate in 43203?

The effective property tax rate in 43203 is 0.6% — roughly $1,500 a year on a typical home.

ZIP code 43203 has a population of 8,618 and a median household income of $47,572.

HousingHandbookReference data

…

U.S. ZIP Code · OH43203

Franklin County · Columbus, OH

Typical home value

$235,188^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -5.4%
5-year / yr: +1.7%
10-year / yr: +12.1%

Relative price

vs U.S.: -17.2%
vs metro: -22.7%
vs state: +7.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 43203 is worth $235,188 — 22.7% below the Columbus, OH median. Over the past year, values have fallen 5.4%. Homes here rent for a typical $1,293 a month — a 6.6% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,293^[2]
Gross yield: 6.6%^[2]
Cap rate: 4.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,500^[3]

#Climate risk

FEMA National Risk Index ratings for Franklin County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 8,618^[3]
Median household income: $47,572^[3]

#Migration

Household moves in and out of Franklin County over a year, from IRS tax-return data.

Net migration: -2,523^[5]
Moved in: 33,069
Moved out: 35,592

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 2
Middle: 2
High: 1

The Academy for Urban Scholars
High · Grades 9–12 · The Academy for Urban Scholars
375 students
Champion Middle School
Middle · Grades 6–8 · Columbus City Schools District
312 students
Trevitt Elementary School
Elementary · Grades PK–5 · Columbus City Schools District
202 students
Valor Academy Inc.
Middle · Grades 4–8 · Valor Academy Inc.
99 students
Beatty Park Elementary School
Elementary · Grades K–5 · Columbus City Schools District
62 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.6%

Net yield (after ~40% expenses)4.0%

Annual rent$15,522

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,189

Loan principal$188,151

Down payment$47,038

Total interest paid$239,976

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.17

Monthly cost to own$1,511

Monthly rent$1,293

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 10th percentile^[1]
Rental yield: 66th percentile^[2]
Property tax: 3rd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

8th for best 10-year appreciation in OHView list →

Frequently asked

How much is a home worth in ZIP code 43203?: The typical home in 43203 is worth $235,188, based on the Zillow Home Value Index.
Are home values rising in 43203?: Home values in 43203 are down 5.4% over the past year, and up 1.7% a year over five years.
What is the typical rent in 43203?: A typical home in 43203 rents for about $1,293 a month, a gross rental yield of 6.6%.
What is the property tax rate in 43203?: The effective property tax rate in 43203 is 0.6% — roughly $1,500 a year on a typical home.
Who lives in 43203?: ZIP code 43203 has a population of 8,618 and a median household income of $47,572.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

43164 vs 43203 →
Williamsport, OH
Typical home
$243,146
Gross yield
—
43228 vs 43203 →
Columbus, OH
Typical home
$224,776
Gross yield
6.6%
43055
Newark, OH
Typical home
$248,093
Gross yield
5.6%
43320
Edison, OH
Typical home
$222,028
Gross yield
—
43232
Columbus, OH
Typical home
$220,870
Gross yield
7.0%
43033
Kirkersville, OH
Typical home
$250,308
Gross yield
—

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#Jump to section

U.S. ZIP Code · OH43203

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