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Rent by ZIP · Franklin County

Rent in New Albany, OH 43054

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,300 (+12.7% vs FY2026). Renters in this ZIP code pay a median $1,844 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,810$1,580+14.6%$1,629–1,991–
1 bedroom$1,930$1,700+13.5%$1,737–2,123$1,435 ±$123
2 bedrooms$2,300$2,040+12.7%$2,070–2,530$1,980 ±$144
3 bedrooms$2,740$2,450+11.8%$2,466–3,014$2,110 ±$329
4 bedrooms$3,120$2,750+13.5%$2,808–3,432$2,490 ±$1,044

Small Area FMRs for the Columbus, OH HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Columbus, OH HUD Metro FMR Area, 2 bedrooms: $1,602.

What renters pay in 43054

Median gross rent$1,844±$118 · all sizes
Renter households3,52732% of occupied homes
No cash rent176households

How rents are spread

Under $1,0003%
$1,000–1,49922%
$1,500–1,99935%
$2,000–2,49930%
$2,500–2,9996%
$3,000–3,4991%
$3,500+2%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
43055Newark$1,250$983
43056Heath$1,440$1,103
43050Mount Vernon$1,130$1,011
43060North Lewisburg$1,290$850
43061Ostrander$1,340–
43046Millersport$1,350$598

Fair Market Rents across Franklin County, OH · All OH counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.