How much is a home worth in ZIP code 43221?

The typical home in 43221 is worth $465,664, based on the Zillow Home Value Index.

Are home values rising in 43221?

Home values in 43221 are up 1.8% over the past year, and up 4.7% a year over five years.

What is the typical rent in 43221?

A typical home in 43221 rents for about $2,062 a month, a gross rental yield of 5.3%.

What is the property tax rate in 43221?

The effective property tax rate in 43221 is 1.6% — roughly $7,396 a year on a typical home.

ZIP code 43221 has a population of 35,293 and a median household income of $118,768.

HousingHandbookReference data

…

U.S. ZIP Code · OH43221

Franklin County · Columbus, OH

Typical home value

$465,664^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.8%
5-year / yr: +4.7%
10-year / yr: +5.7%

Relative price

vs U.S.: +63.9%
vs metro: +53.0%
vs state: +112.9%

Price history

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

The typical home in 43221 is worth $465,664 — 53.0% above the Columbus, OH median. Over the past year, values have risen 1.8%. Homes here rent for a typical $2,062 a month — a 5.3% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent: $2,062^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

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

Effective tax rate: 1.6%^[3]
Typical annual tax: $7,396^[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: 35,293^[3]
Median household income: $118,768^[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: 7
Elementary: 4
Middle: 1
High: 2

Upper Arlington High School
High · Grades 9–12 · Upper Arlington City
1,895 students
Barrington Road Elementary School
Elementary · Grades K–5 · Upper Arlington City
778 students
Jones Middle School
Middle · Grades 6–8 · Upper Arlington City
750 students
Tremont Elementary School
Elementary · Grades K–5 · Upper Arlington City
700 students
Wickliffe Elementary School
Elementary · Grades K–5 · Upper Arlington City
493 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 yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$24,741

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$2,355

Loan principal$372,531

Down payment$93,133

Total interest paid$475,143

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 ratio1.63

Monthly cost to own$3,360

Monthly rent$2,062

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: 33rd percentile^[1]
Rental yield: 42nd percentile^[2]
Property tax: 88th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 43221?: The typical home in 43221 is worth $465,664, based on the Zillow Home Value Index.
Are home values rising in 43221?: Home values in 43221 are up 1.8% over the past year, and up 4.7% a year over five years.
What is the typical rent in 43221?: A typical home in 43221 rents for about $2,062 a month, a gross rental yield of 5.3%.
What is the property tax rate in 43221?: The effective property tax rate in 43221 is 1.6% — roughly $7,396 a year on a typical home.
Who lives in 43221?: ZIP code 43221 has a population of 35,293 and a median household income of $118,768.

#Comparable ZIPs

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

43001 vs 43221 →
Granville South CDP, OH
Typical home
$478,676
Gross yield
—
43031 vs 43221 →
Johnstown, OH
Typical home
$442,381
Gross yield
5.8%
43074
Sunbury, OH
Typical home
$491,336
Gross yield
3.7%
43016
Dublin, OH
Typical home
$437,929
Gross yield
4.4%
43061
Ostrander, OH
Typical home
$503,515
Gross yield
—
43112
Carroll, OH
Typical home
$427,424
Gross yield
—

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Pit ZIP 43221 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH43221

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