Best cities for rental property

Gross rent yield (annual rent ÷ home value) is the quickest screen for rental cash flow. The U.S. average is 6.3%; these 100 cities (with typical home values of $100K or more) beat it by the most.

Full ranking


1	Camden, NJ	14.4%	$149K	$1,787	▲ 0.8%	7.0
2	Cleveland, OH	14.1%	$116K	$1,359	▲ 4.4%	7.1
3	Decatur, IL	12.1%	$105K	$1,057	▲ 5.4%	8.3
4	Pontiac, MI	12.0%	$135K	$1,351	▲ 0.2%	8.3
5	Birmingham, AL	11.7%	$134K	$1,305	▲ 2.8%	8.6
6	Binghamton, NY	11.6%	$191K	$1,838	▲ 6.2%	8.7
7	Baltimore, MD	11.4%	$185K	$1,762	▲ 3.5%	8.7
8	Peoria, IL	10.9%	$136K	$1,240	▲ 3.9%	9.2
9	Dayton, OH	10.8%	$138K	$1,241	▲ 3.2%	9.3
10	Lauderhill, FL	10.7%	$212K	$1,893	▼ 2.0%	9.3
11	Deerfield Beach, FL	10.7%	$272K	$2,418	▲ 2.1%	9.4
12	Abilene, TX	10.7%	$224K	$1,988	▲ 29.8%	9.4
13	Brownsville, TX	10.5%	$195K	$1,703	▲ 5.8%	9.5
14	Toledo, OH	10.5%	$132K	$1,151	▲ 5.7%	9.5
15	Montgomery, AL	10.4%	$150K	$1,305	▲ 2.4%	9.6
16	Taylor, MI	10.4%	$175K	$1,518	▲ 0.9%	9.6
17	Hammond, IN	10.3%	$177K	$1,512	▲ 4.3%	9.7
18	Florissant, MO	10.2%	$195K	$1,656	▲ 4.3%	9.8
19	Akron, OH	10.2%	$139K	$1,176	▲ 2.9%	9.8
20	Johnstown, PA	10.1%	$106K	$896	▲ 3.1%	9.9
21	Charleston, WV	10.0%	$162K	$1,351	▲ 2.9%	10.0
22	Memphis, TN	10.0%	$152K	$1,259	▲ 1.7%	10.0
23	Delray Beach, FL	9.8%	$345K	$2,820	▲ 4.1%	10.2
24	Lima, OH	9.6%	$151K	$1,216	▲ 4.7%	10.4
25	Fountainbleau, FL	9.6%	$302K	$2,424	▲ 0.2%	10.4
26	Goldsboro, NC	9.5%	$190K	$1,503	▲ 2.1%	10.5
27	Saginaw, MI	9.5%	$134K	$1,058	▲ 8.3%	10.5
28	Shreveport, LA	9.5%	$145K	$1,149	▲ 5.7%	10.5
29	Monroe, LA	9.4%	$155K	$1,216	▲ 8.5%	10.6
30	Hartford, CT	9.2%	$202K	$1,555	▲ 2.7%	10.9
31	Lawton, OK	9.1%	$145K	$1,101	▲ 4.9%	11.0
32	Philadelphia, PA	9.1%	$232K	$1,757	▲ 3.4%	11.0
33	Columbus, GA	9.1%	$176K	$1,331	▲ 5.0%	11.0
34	Wichita Falls, TX	9.0%	$174K	$1,312	▲ 8.2%	11.1
35	Dearborn, MI	9.0%	$248K	$1,861	▲ 3.2%	11.1
36	Beaumont, TX	9.0%	$172K	$1,287	▲ 1.8%	11.1
37	Albany, GA	8.9%	$132K	$985	▲ 3.9%	11.2
38	Bolingbrook, IL	8.9%	$369K	$2,742	▲ 4.9%	11.2
39	Riverdale, GA	8.9%	$214K	$1,585	▲ 2.0%	11.3
40	Danville, VA	8.8%	$156K	$1,143	▲ 5.7%	11.3
41	Tamarac, FL	8.7%	$291K	$2,121	▼ 0.1%	11.4
42	Lansing, MI	8.6%	$166K	$1,197	▲ 5.9%	11.6
43	Florence, SC	8.6%	$225K	$1,613	▲ 0.1%	11.6
44	Augusta, GA	8.6%	$188K	$1,344	▲ 4.4%	11.6
45	Houma, LA	8.6%	$187K	$1,336	▲ 5.7%	11.6
46	Lorain, OH	8.6%	$155K	$1,104	▲ 2.6%	11.7
47	Saint Louis, MO	8.6%	$181K	$1,292	▲ 3.2%	11.7
48	Sumter, SC	8.6%	$206K	$1,469	▲ 5.2%	11.7
49	Gulfport, MS	8.5%	$206K	$1,467	▲ 2.4%	11.7
50	Fort Pierce, FL	8.5%	$275K	$1,951	▲ 0.1%	11.7
51	Aurora, IL	8.5%	$323K	$2,294	▲ 3.2%	11.7
52	Plainfield, IL	8.5%	$429K	$3,027	▲ 2.9%	11.8
53	Macon, GA	8.5%	$172K	$1,210	▲ 3.1%	11.8
54	Huntington, WV	8.5%	$144K	$1,018	▲ 5.6%	11.8
55	Wilkes-Barre, PA	8.5%	$186K	$1,311	▲ 7.3%	11.8
56	Syracuse, NY	8.4%	$223K	$1,566	▲ 3.6%	11.9
57	Tuscaloosa, AL	8.4%	$244K	$1,701	▲ 5.0%	11.9
58	Waco, TX	8.4%	$193K	$1,342	▲ 0.8%	12.0
59	Warren, MI	8.3%	$197K	$1,369	▲ 3.5%	12.0
60	Wilson, NC	8.3%	$215K	$1,494	▲ 2.0%	12.0
61	Pharr, TX	8.3%	$161K	$1,116	▼ 2.1%	12.0
62	Chicago, IL	8.3%	$334K	$2,311	▲ 5.7%	12.0
63	Lithonia, GA	8.2%	$245K	$1,681	▲ 1.4%	12.2
64	Niagara Falls, NY	8.2%	$173K	$1,180	▲ 5.9%	12.2
65	Poinciana, FL	8.2%	$280K	$1,906	▲ 2.3%	12.2
66	Dearborn Heights, MI	8.2%	$213K	$1,447	▲ 2.0%	12.2
67	Muncie, IN	8.1%	$154K	$1,043	▲ 5.5%	12.3
68	Sunrise, FL	8.1%	$361K	$2,447	▲ 2.0%	12.3
69	Springfield, IL	8.1%	$174K	$1,178	▲ 4.2%	12.3
70	Deltona, FL	8.1%	$298K	$2,010	▲ 3.1%	12.3
71	New Orleans, LA	8.1%	$242K	$1,633	▲ 2.1%	12.3
72	Bossier City, LA	8.1%	$228K	$1,538	▲ 7.1%	12.3
73	Moore, OK	8.1%	$220K	$1,481	▲ 2.2%	12.4
74	North Little Rock, AR	8.1%	$167K	$1,128	▲ 2.1%	12.4
75	Pompano Beach, FL	8.1%	$350K	$2,358	▲ 2.0%	12.4
76	Waukegan, IL	8.1%	$247K	$1,660	▲ 2.9%	12.4
77	Dundalk, MD	8.0%	$218K	$1,460	▲ 2.2%	12.5
78	Pittsburgh, PA	8.0%	$235K	$1,569	▲ 3.8%	12.5
79	Slidell, LA	8.0%	$223K	$1,489	▲ 1.5%	12.5
80	Gretna, LA	8.0%	$235K	$1,567	▲ 2.3%	12.5
81	Scranton, PA	8.0%	$202K	$1,346	▲ 3.7%	12.5
82	Rockford, IL	8.0%	$185K	$1,227	▲ 7.7%	12.6
83	Kansas City, KS	7.9%	$200K	$1,322	▲ 5.7%	12.6
84	Utica, NY	7.9%	$210K	$1,392	▲ 4.5%	12.6
85	Independence, MO	7.9%	$211K	$1,395	▲ 3.2%	12.6
86	Warner Robins, GA	7.9%	$215K	$1,421	▲ 3.4%	12.6
87	Orland Park, IL	7.9%	$411K	$2,713	▲ 4.3%	12.6
88	Columbia, SC	7.9%	$227K	$1,500	▲ 2.8%	12.6
89	Toms River, NJ	7.8%	$463K	$3,026	▲ 4.6%	12.7
90	Lehigh Acres, FL	7.8%	$278K	$1,812	▼ 2.5%	12.8
91	Springfield, OH	7.8%	$188K	$1,222	▲ 9.5%	12.8
92	Port Charlotte, FL	7.8%	$268K	$1,741	▼ 2.2%	12.8
93	Hamden, CT	7.8%	$368K	$2,383	▲ 2.5%	12.9
94	Milwaukee, WI	7.8%	$223K	$1,443	▲ 4.7%	12.9
95	Douglasville, GA	7.7%	$302K	$1,947	▲ 2.0%	12.9
96	Canton, OH	7.7%	$174K	$1,124	▲ 3.0%	12.9
97	Jackson, TN	7.7%	$220K	$1,418	▲ 2.5%	12.9
98	Lake Charles, LA	7.7%	$207K	$1,329	▲ 18.9%	13.0
99	Corpus Christi, TX	7.7%	$222K	$1,422	▲ 1.1%	13.0
100	South Bend, IN	7.7%	$198K	$1,269	▲ 1.8%	13.0