For its location and size, Columbus is an affordable place to live.Ĭolumbus might not have the cheapest housing in the state, but it is still very well priced. For example, Hilliard is slightly more than 16% higher, and Gahanna is 10.7% more costly. But neighboring cities are more expensive than Columbus. Cincinnati is 95 miles from Columbus and its cost of living is 0.9% lower, while Akron is 110 miles away and is 16% lower. Cincinnati and Akron are the two closest cities with a population of more than 200,000. The overall cost of living in Columbus is 14.5% lower than the national average, and nearly 3% higher than Ohio's average. To get into a home if you have bad credit or don't have enough saved for Rent-to-own is also a great alternative way This enables you and your family to make the right choice based on both Your neighbors, and your community before making the final purchase.
Time before you purchase it, meaning that you get to know the house, You can live in the house for a set amount of Higher than average down payments for homes and higher qualification With the current housing shortage trend it can make it harder to becomeĪ homeowner, including in Columbus, OH.
Which has shown tremendous growth across the U.S. Rent-to-own market is more affordable than the traditional housing market With a median household income of over $54,902Īnd a median rent of $989, the Columbus, OH Nationwide, American Electric Power, L Brands, Alliance Data Systems, and Huntington Bancshares are five Columbus-based Fortune 500 companies, and eight Fortune 1000 corporations call this city home.Ĭolumbus, OH is a great place for affordable rent-to-own None of these sectors are overly dominant over the others.
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The city now has a well-rounded economy that includes industries such as wholesale and retail trade, construction and mining, transportation and utilities, financial activities, professional and business services, education and health, leisure and hospitality, and government. It is the home of several old institutions of higher learning, among them Ohio State University, Capital University, Otterbein University, Pontifical College Josephinum, and Columbus College of Art and Design - all of which were founded in the 1800s.Ĭolumbus earned the nickname Cowtown because it had the largest cattle farm in the world at the turn of the 20th century. Its popularity always stemmed from its location along major highways and within a 500-mile radius of nearly half of the country's population. The city named after Christopher Columbus had a population of 787,033 in 2010 and grew to an estimated 898,553 residents - a 13.9% increase - in 2019.
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