Home Insurance in Columbus, Ohio
Homes in Columbus carry a median value of $252,900 - 12% lower than the Franklin County median.
The typical home in Columbus was built around 1980. About 25% of homes were built before 1960, in line with Franklin County (25%). Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Columbus breaks down to 55% single-family homes, 32% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
69% of owner-occupied homes in Columbus carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 44% of occupied homes in Columbus are owner-occupied.
Most homes in Columbus - 64% - are primarily heated with natural gas.
FEMA rates Franklin County's overall risk as Relatively High, led by inland flooding (Relatively High). Franklin County had 1,478 active NFIP flood policies as of September 2026. See the full Franklin County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Ohio carries a statewide average premium of $1,116 per year.
Key figures
| Median home value | $252,900 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 44% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Inland Flooding (Relatively High) |
| Active NFIP policies in Franklin County | 1,478 |
| Home insurance premium | $1,116 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)