Columbus, IN Metro Area - Investment Guide
Metro Area • 5 Cities • 6 ZIP Codes
Avg Home Value
$266,263
Avg Monthly Rent
$1,233
Avg Cap Rate
3.65%
Avg Investability
3.0 ★
Cities
5
ZIP Codes
6
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
❄️
COOL MARKET
Columbus, IN Metro Area
More inventory, negotiating room for buyers
46 days
Average time to sell
Average
12.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Columbus, IN
Every ZIP in the metro, ranked four ways. Free.
Cities in Columbus, IN
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 47246 | Hope | IN | $257,694 | $1,134 | 3.43% | |
| 47201 | Columbus | IN | $273,230 | $1,396 | 3.98% | |
| 47280 | Taylorsville | IN | $199,009 | $1,080 | 4.23% | |
| 47203 | Columbus | IN | $290,607 | $1,459 | 3.92% | |
| 47232 | Elizabethtown | IN | $296,053 | $1,035 | 2.73% | |
| 47244 | Hartsville | IN | $271,972 | $1,296 | 3.72% | |
| 47201 | Columbus | IN | $264,539 | $1,335 | 3.94% | |
| 47246 | Hope | IN | $262,844 | $1,134 | 3.37% | |
| 47203 | Columbus | IN | $282,274 | $1,530 | 4.23% | |
| 47280 | Taylorsville | IN | $202,873 | $1,080 | 4.15% | |
| 47232 | Elizabethtown | IN | $285,949 | $1,035 | 2.82% | |
| 47244 | Hartsville | IN | $255,120 | $1,296 | 3.96% | |
| 47246 | Hope | IN | $247,293 | $1,134 | 3.58% | |
| 47201 | Columbus | IN | $275,035 | $1,402 | 3.98% | |
| 47280 | Taylorsville | IN | $190,645 | $1,080 | 4.42% | |
| 47203 | Columbus | IN | $291,574 | $1,395 | 3.73% | |
| 47232 | Elizabethtown | IN | $300,806 | $1,035 | 2.68% | |
| 47244 | Hartsville | IN | $278,237 | $1,296 | 3.63% | |
| 47201 | Columbus | IN | $262,932 | $1,373 | 4.07% | |
| 47246 | Hope | IN | $266,220 | $1,134 | 3.32% | |
| 47203 | Columbus | IN | $281,968 | $1,643 | 4.55% | |
| 47280 | Taylorsville | IN | $203,715 | $1,080 | 4.14% | |
| 47232 | Elizabethtown | IN | $284,858 | $1,035 | 2.83% | |
| 47244 | Hartsville | IN | $258,255 | $1,296 | 3.91% | |
| 47246 | Hope | IN | $247,876 | $1,134 | 3.57% | |
| 47201 | Columbus | IN | $273,671 | $1,361 | 3.88% | |
| 47280 | Taylorsville | IN | $185,835 | $1,080 | 4.53% | |
| 47203 | Columbus | IN | $290,934 | $1,369 | 3.67% | |
| 47232 | Elizabethtown | IN | $294,419 | $1,035 | 2.74% | |
| 47244 | Hartsville | IN | $271,786 | $1,296 | 3.72% | |
| 47201 | Columbus | IN | $262,932 | $1,373 | 4.07% | |
| 47246 | Hope | IN | $260,610 | $1,134 | 3.39% | |
| 47203 | Columbus | IN | $281,968 | $1,643 | 4.55% | |
| 47280 | Taylorsville | IN | $203,538 | $1,080 | 4.14% | |
| 47232 | Elizabethtown | IN | $284,858 | $1,035 | 2.83% | |
| 47244 | Hartsville | IN | $258,255 | $1,296 | 3.91% | |
| 47246 | Hope | IN | $247,876 | $1,134 | 3.57% | |
| 47201 | Columbus | IN | $270,071 | $1,361 | 3.93% | |
| 47280 | Taylorsville | IN | $185,835 | $1,080 | 4.53% | |
| 47203 | Columbus | IN | $287,368 | $1,428 | 3.88% | |
| 47232 | Elizabethtown | IN | $292,122 | $1,035 | 2.76% | |
| 47244 | Hartsville | IN | $266,838 | $1,296 | 3.79% |
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About Columbus, IN Real Estate Market
The Columbus, IN metropolitan statistical area (MSA) encompasses 5 cities and 6 ZIP codes. The average home value across the metro is $266,263, with an average monthly rent of $1,233. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.