$0
Average Rent
$1,340 average rent in Columbus, Q3 2026
0%
Occupancy Rate
93% occupancy rate Columbus, Q3 2026
0
T4Q Net Absorption
8,790 T4Q net absorption in Columbus, Q3 2026
0%
Annual Rent Change
0% annual rent change in Columbus, Q3 2026
0
BPS Annual Occupancy Change
-20 BPS annual occupancy change in Columbus, Q3 2026
0
T4Q Unit Completions
10,136 T4Q net absorption in Columbus, Q3 2026
KEY TAKEAWAYS
- Renter demand in Columbus strengthened sharply from a year ago, with trailing absorption up significantly and every tracked submarket posting positive absorption, even as the market continues working through an elevated delivery cycle.
- The development pipeline has contracted to its lowest level since 2018, with starts down sharply from a year ago, pointing to a meaningfully lighter supply environment through 2027.
- Rent growth remains the market’s weak spot, trailing nearly all regional peer markets, while occupancy held relatively steady, suggesting pricing has further to go before catching up to the improving supply-demand balance.
MARKET OUTLOOK
Columbus’s recovery continues to progress. The active pipeline has fallen to its lowest level since 2018, and quarterly deliveries are projected to ease from 3,013 units in Q3 to roughly 1,300 units by early 2027….
Columbus Advisors
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Region
Midwest / Heartland
Office Location
Ohio
License Number
SAL.2022005462
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Region
Midwest / Heartland
Office Location
Ohio
License Number
SAL.2023006800
Phone
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Region
Midwest / Heartland
Office Location
Ohio
License Number
SAL.2025003238
Phone
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