How much is a home worth in ZIP code 43220?

The typical home in 43220 is worth $368,201, based on the Zillow Home Value Index.

Are home values rising in 43220?

Home values in 43220 are up 0.0% over the past year, and up 4.4% a year over five years.

What is the typical rent in 43220?

A typical home in 43220 rents for about $1,364 a month, a gross rental yield of 4.4%.

What is the property tax rate in 43220?

The effective property tax rate in 43220 is 1.7% — roughly $6,280 a year on a typical home.

ZIP code 43220 has a population of 28,792 and a median household income of $74,298.

HousingHandbookReference data

…

U.S. ZIP Code · OH43220

Franklin County · Columbus, OH

Typical home value

$368,201^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: 0.0%
5-year / yr: +4.4%
10-year / yr: +5.9%

Relative price

vs U.S.: +29.6%
vs metro: +20.9%
vs state: +68.4%

Price history

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

The typical home in 43220 is worth $368,201 — 20.9% above the Columbus, OH median. Over the past year, values have risen 0.0%. Homes here rent for a typical $1,364 a month — a 4.4% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

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

Monthly rent: $1,364^[2]
Gross yield: 4.4%^[2]
Cap rate: 2.7%^[2]

#Property tax

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

Effective tax rate: 1.7%^[3]
Typical annual tax: $6,280^[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: 28,792^[3]
Median household income: $74,298^[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: 8
Elementary: 5
Middle: 1
High: 1

Centennial High School
High · Grades 9–12 · Columbus City Schools District
741 students
Hastings Middle School
Middle · Grades 6–8 · Upper Arlington City
720 students
Windermere Elementary School
Elementary · Grades K–5 · Upper Arlington City
532 students
Greensview Elementary School
Elementary · Grades K–5 · Upper Arlington City
489 students
Ecole Kenwood French Immersion
Elementary · Grades PK–5 · Columbus City Schools District
455 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 yield4.4%

Net yield (after ~40% expenses)2.7%

Annual rent$16,365

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$1,862

Loan principal$294,561

Down payment$73,640

Total interest paid$375,696

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 ratio1.97

Monthly cost to own$2,693

Monthly rent$1,364

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: 26th percentile^[1]
Rental yield: 13th percentile^[2]
Property tax: 91st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 43220?: The typical home in 43220 is worth $368,201, based on the Zillow Home Value Index.
Are home values rising in 43220?: Home values in 43220 are up 0.0% over the past year, and up 4.4% a year over five years.
What is the typical rent in 43220?: A typical home in 43220 rents for about $1,364 a month, a gross rental yield of 4.4%.
What is the property tax rate in 43220?: The effective property tax rate in 43220 is 1.7% — roughly $6,280 a year on a typical home.
Who lives in 43220?: ZIP code 43220 has a population of 28,792 and a median household income of $74,298.

#Comparable ZIPs

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

43040 vs 43220 →
Marysville, OH
Typical home
$371,273
Gross yield
4.5%
43201 vs 43220 →
Columbus, OH
Typical home
$361,418
Gross yield
5.0%
43025
Hebron, OH
Typical home
$360,306
Gross yield
—
43081
Westerville, OH
Typical home
$359,291
Gross yield
5.2%
43146
Derby CDP, OH
Typical home
$357,820
Gross yield
—
43103
South Bloomfield, OH
Typical home
$356,568
Gross yield
—

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Pit ZIP 43220 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH43220

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