A Smart Real Estate Investment
A Great Place to Live
With nearly two million residents in its metropolitan area, Columbus, Ohio is one of the nation’s most desirable living communities. In 2016, Forbes ranked it No. 14 on its Top 100 Best Places for Business and Careers, and No. 3 on its Best Cities for Renters lists, and it continues to appear in “best cities” rankings across a range of media outlets. Columbus is the state capital, the largest city in Ohio, and the fifteenth largest city in the United States. It boasts small-town charm, big-city attractions and a diverse culture with an eclectic array of dining, entertainment, arts and recreation choices.
Columbus is home to The Ohio State University, the third-largest college campus in the nation; Battelle Memorial Institute, the world’s largest private research and development foundation; the top-ranking Columbus Zoo & Aquarium; and the corporate headquarters to leading global corporations Limitedbrands and Cardinal Health. Its healthcare system is renowned and its technology industry sophisticated (in April, NerdWallet ranked it No. 17 of 100 for Best Places for Tech Jobs in 2015). With a cost of living well below that of other major cities and continued low unemployment, Columbus remains one of the fastest growing cities in the country. Homeownership in Columbus is within reach for most buyers, and “with median monthly homeowner costs at less than 30 percent of income [and] an upswing in the state’s economy, purchasing a home in Ohio is likely to be a good investment (NerdWallet).”
Recent Real Estate Trends for Columbus, Ohio
70 percent of Millennial demographic in Columbus are renters (Columbus Underground, 2017)
Top 25 overall market for buying rental properties (RealtyTrac, 2014)
Rental housing is in a growth phase (Urban Land Institute, 2014)
Most affordable cities list (Forbes, 2014)
Tight rental market – 95% occupancy (Apartment Guide, 2014)
Most affordable housing markets for the middle class (Trulia, 2014)
Best job markets for young college grads (CityLab, 2014)
Most affordable housing markets for millennials (RealtyTrac, 2014)
