Market Snapshot Columbus Q1 2025

Market Overview

The Columbus market in Q1 2025 reflected a stable but slightly more competitive environment, with muted rent movement and a modest uptick in vacancy. While new supply has slowed slightly, outer-ring submarkets like Grove City and Westerville continue to see robust absorption, driven by affordability and access to job centers. Class B and C assets in urban areas are facing more competitive pressure, but value-add opportunities remain strong as renters shift toward cost-effective alternatives.

About MMG

MMG’s Columbus market report delivers no-nonsense analysis focused on the metrics that matter—occupancy, rent comps, new development, and submarket-specific trends. The firm’s Midwest expertise and tight operator feedback loop make its data especially valuable to investors focused on Class B/C assets and suburban growth corridors. With a format designed for clarity and actionability, MMG remains a top-tier resource for multifamily underwriting across the region.