How much is a home worth in ZIP code 43229?

The typical home in 43229 is worth $277,266, based on the Zillow Home Value Index.

Are home values rising in 43229?

Home values in 43229 are up 1.5% over the past year, and up 6.4% a year over five years.

What is the typical rent in 43229?

A typical home in 43229 rents for about $1,316 a month, a gross rental yield of 5.7%.

What is the property tax rate in 43229?

The effective property tax rate in 43229 is 1.2% — roughly $3,317 a year on a typical home.

ZIP code 43229 has a population of 55,020 and a median household income of $57,561.

HousingHandbookReference data

…

U.S. ZIP Code · OH43229

Franklin County · Columbus, OH

Typical home value

$277,266^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.5%
5-year / yr: +6.4%
10-year / yr: +9.0%

Relative price

vs U.S.: -2.4%
vs metro: -8.9%
vs state: +26.8%

Price history

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

The typical home in 43229 is worth $277,266 — 8.9% below the Columbus, OH median. Over the past year, values have risen 1.5%. Homes here rent for a typical $1,316 a month — a 5.7% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent: $1,316^[2]
Gross yield: 5.7%^[2]
Cap rate: 3.4%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $3,317^[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: 55,020^[3]
Median household income: $57,561^[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: 26
Elementary: 17
Middle: 2
High: 5

Northland High School
High · Grades 9–12 · Columbus City Schools District
970 students
Woodward Park Middle School
Middle · Grades 6–8 · Columbus City Schools District
796 students
Focus Learning Academy of Northern Columbus
Elementary · Grades K–8 · Focus Learning Academy of Northern Columbus
672 students
Columbus Humanities Arts and Technology Academy
Elementary · Grades K–8 · Columbus Humanities Arts and Technology Academy
633 students
Beechcroft High School
High · Grades 9–12 · Columbus City Schools District
632 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 yield5.7%

Net yield (after ~40% expenses)3.4%

Annual rent$15,788

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$1,402

Loan principal$221,813

Down payment$55,453

Total interest paid$282,910

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 ratio1.45

Monthly cost to own$1,910

Monthly rent$1,316

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: 85th percentile^[1]
Rental yield: 55th percentile^[2]
Property tax: 56th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 43229?: The typical home in 43229 is worth $277,266, based on the Zillow Home Value Index.
Are home values rising in 43229?: Home values in 43229 are up 1.5% over the past year, and up 6.4% a year over five years.
What is the typical rent in 43229?: A typical home in 43229 rents for about $1,316 a month, a gross rental yield of 5.7%.
What is the property tax rate in 43229?: The effective property tax rate in 43229 is 1.2% — roughly $3,317 a year on a typical home.
Who lives in 43229?: ZIP code 43229 has a population of 55,020 and a median household income of $57,561.

#Comparable ZIPs

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

43003 vs 43229 →
Ashley, OH
Typical home
$275,981
Gross yield
—
43231 vs 43229 →
Columbus, OH
Typical home
$274,766
Gross yield
6.7%
43205
Columbus, OH
Typical home
$280,387
Gross yield
6.4%
43130
Lancaster, OH
Typical home
$273,019
Gross yield
5.3%
43315
Cardington, OH
Typical home
$272,748
Gross yield
—
43107
Bremen, OH
Typical home
$282,421
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 43229 against any other ZIP — full side-by-side table.

Compare 43229 →

#Jump to section

U.S. ZIP Code · OH43229

Get more data on ZIPs like this

Get more data on ZIPs like this