HousingHandbookReference data

U.S. ZIP Code · OH43204

Franklin County · Columbus, OH

Typical home value

$203,528[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.0%
5-year / yr
+4.4%
10-year / yr
+9.4%

Relative price

vs U.S.
-28.4%
vs metro
-33.1%
vs state
-6.9%
ZIP 43204 location in OH
Location of ZIP 43204 in OH

Price history

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

The typical home in 43204 is worth $203,528 — 33.1% below the Columbus, OH median. Over the past year, values have fallen 1.0%. Homes here rent for a typical $1,433 a month — a 8.4% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent
$1,433[2]
Gross yield
8.4%[2]
Cap rate
5.1%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$2,638[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
42,962[3]
Median household income
$59,266[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
15
Elementary
10
Middle
2
High
2
  • Franklin Heights High School

    High · Grades 9–12 · South-Western City

    1,377 students

  • Columbus Preparatory Academy

    Other · Grades K–12 · Columbus Preparatory Academy

    823 students

  • West High School

    High · Grades 9–12 · Columbus City Schools District

    773 students

  • Great Western Academy

    Elementary · Grades K–8 · Great Western Academy

    674 students

  • West Franklin Elementary School

    Elementary · Grades K–4 · South-Western City

    484 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.

Gross yield8.4%
Net yield (after ~40% expenses)5.1%
Annual rent$17,195

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.

Monthly payment$1,029
Loan principal$162,823
Down payment$40,706
Total interest paid$207,671

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.

Own : rent ratio0.99
Monthly cost to own$1,419
Monthly rent$1,433

Owning and renting are roughly even.

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
25th percentile[1]
Rental yield
91st percentile[2]
Property tax
66th percentile[3]

Frequently asked

How much is a home worth in ZIP code 43204?
The typical home in 43204 is worth $203,528, based on the Zillow Home Value Index.
Are home values rising in 43204?
Home values in 43204 are down 1.0% over the past year, and up 4.4% a year over five years.
What is the typical rent in 43204?
A typical home in 43204 rents for about $1,433 a month, a gross rental yield of 8.4%.
What is the property tax rate in 43204?
The effective property tax rate in 43204 is 1.3% — roughly $2,638 a year on a typical home.
Who lives in 43204?
ZIP code 43204 has a population of 42,962 and a median household income of $59,266.

#Comparable ZIPs

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

  • Columbus, OH

    Typical home
    $201,843
    Gross yield
    7.0%
  • Columbus, OH

    Typical home
    $207,476
    Gross yield
    7.7%
  • Columbus, OH

    Typical home
    $198,624
    Gross yield
    9.1%
  • Columbus, OH

    Typical home
    $215,244
    Gross yield
    7.2%
  • Unionville Center, OH

    Typical home
    $215,365
    Gross yield
  • Junction City, OH

    Typical home
    $216,085
    Gross yield

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