Matrix Multifamily Columbus Report-September 2023 October 01, 2023

Bright Spots in Columbus

Rent growth in the metro was 0.2 percent on a T3 basis in July, 10 basis points below the national rate. The metro’s employment market saw a 1.1% uptick YoY; while that trailed the U.S. rate by 170 basis points, prospects remain strong as Intel’s blockbuster New Albany semiconductor project is well underway.