2025 Q1 Multifamily Trends Columbus

Market Overview

Columbus sustained positive momentum in Q1 2025, marked by 2.6% annual rent growth and steady absorption. The metro, home to roughly 2.2 million people, is bolstered by a growing logistics sector, led by Intel’s $20B semiconductor plant underway in nearby Licking County. Class A properties outperformed, especially in suburbs like Dublin and Hilliard, while Downtown and Short North saw rising concessions. Columbus remains a top-20 market for net migration and job creation, with strong fundamentals supporting both short- and long-term demand.

About Colliers

Colliers is a publicly traded global real estate firm offering brokerage, capital markets, and advisory services across 60+ countries. Their Columbus reports provide a mix of hyper-local rent and vacancy data, macroeconomic indicators, and strategic commentary—tailored for developers, REITs, and lenders. With a clean visual format and expert insights, Colliers is trusted for market intelligence that supports both tactical decisions and long-term planning.