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Columbus city, IN

ZIP 47203 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 47203

Median Home Value
$234,300
Median Rent
$829
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,505/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 47203 in Columbus city, IN, a household would need roughly $64,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,505. That sits below the local median household income ($73,595), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
78.2%+20% vs US avg
x
Vacancy Rate
7.3%-29% vs US avg
x
Broadband Access
95.3%+9% vs US avg
x
4+ Bedrooms
5.6%-62% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
25.8%-48% vs US avg
x
Mortgage-Free
35.9%-6% vs US avg
x
$234,300
Home Value
$829
Rent
1978
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached75.6%
  • 1-unit attached3.6%
  • 2-9 units8.4%
  • 10+ units8.3%
  • Mobile home & other4.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$234,300
Median rent$829
Owner-occupied78.2%
Vacant7.3%
Price-to-income3.2x
Est. income to buy$64,000