Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in New Albany city, Ohio?
City · Census ACS 5-Year estimates
The median gross rent in New Albany city, Ohio is $2,355/month (±$256), based on Census ACS 5-Year estimates (2024). The median home value is $772,100 (±$41,816), and the median household income is $238,250/year. The unemployment rate in Franklin County, Ohio was 2.9% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for New Albany city, Ohio
| Metric | Value |
|---|---|
| Median Gross Rent | $2,355 |
| Median Home Value | $772,100 |
| Median Household Income | $238,250 |
| Total Housing Units | 3,651 |
| Renter-Occupied Units | 414 |
| Renter-Occupied Share | 11% |
| Households Paying 50%+ Income | 122 households |
| Unemployment Rate(April 2026) | 2.9% |
How does New Albany city, Ohio compare?
Median gross rent ranked against all cities in Ohio.
Higher rent than 99% of cities in Ohio · 9th of 997
| # | City | Value |
|---|---|---|
| 1 | Pepper Pike city | $3,501 |
| 2 | Glenwillow village | $3,417 |
| 3 | Terrace Park village | $3,200 |
| … 5 more … | ||
| 9 | New Albany city(you are here) | $2,355 |
| … 985 more … | ||
| 995 | Elmore village | $398 |
| 996 | Bolton CDP | $340 |
| 997 | Wolfhurst CDP | $271 |
More data for New Albany city, Ohio
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Frequently asked questions
What is the average rent in New Albany city, Ohio?
The median gross rent in New Albany city, Ohio is $2,355/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in New Albany city, Ohio?
The median rent for a 2-bedroom in New Albany city, Ohio is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in New Albany city, Ohio?
The median home value in New Albany city, Ohio is $772,100 according to Census ACS 5-Year estimates (2024).
What percentage of renters in New Albany city are rent-burdened?
In New Albany city, Ohio, 122 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in New Albany city, Ohio?
The median household income in New Albany city, Ohio is $238,250/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $2,355 has a margin of error of ±$256. In very small areas, MOEs can be large relative to the estimate.
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