MARKET SNAPSHOT Columbus Q3 2025

Market Overview

‍The metro Columbus multifamily market entered Q3 2025 with asking rent at approximately $1,346 per unit and occupancy around 92.7 percent. Year-to-date net absorption stood at 4,536 units, while new completions reached 7,249 units indicating new supply is still outpacing demand and putting pressure on rent growth, which rose just 0.9 percent year-over-year. With the construction pipeline remaining elevated, fundamentals suggest a phase of cautious adjustment even as underlying renter demand holds firm.

‍About MMG

‍MMG Real Estate Advisors is a U.S.‐based multifamily research and advisory firm focused on metro-level rental housing markets. Their Q3 2025 Columbus market report draws together key data on asking rents, occupancy, absorption, completions and pipeline dynamics to help owners, developers and investors assess timing, risk and strategic positioning. To read the full report, click here.