Best Markets to own an investment property in The United States
Based on data from Airbtics, this page shows the most profitable real estate markets with key
statistics like gross rental yield, average long-term and short-term rental revenue, and property
prices. This allows you to discover the most lucrative locations to buy, own or invest in rental
properties.
Top 100 cities to buy a rental property in The United States, Updated November, 2024
The avg rent price data is from Zillow and updated on November, 2024. The average short-term rental revenue is the average from the last twelve months, starting from the last updated period.
| Position | Market Name | Market Type | Avg Rental Revenue | Avg Short-term rental revenue |
|---|---|---|---|---|
| 1 | New york city | Large |
$37,548 | $37,105 |
| 2 | Los angeles | Large |
$34,728 | $45,916 |
| 3 | Chicago | Large |
$23,784 | $31,820 |
| 4 | Philadelphia | Large |
$19,512 | $21,213 |
| 5 | Boston | Medium |
$38,784 | $49,262 |
| 6 | San diego | Large |
$38,328 | $51,897 |
| 7 | Jacksonville | Large |
$22,260 | $38,328 |
| 8 | Houston | Large |
$21,528 | $25,607 |
| 9 | Austin | Large |
$26,988 | $36,662 |
| 10 | Phoenix | Large |
$24,468 | $37,064 |
| 11 | Palm beach | Large |
$37,092 | $44,456 |
| 12 | Beaverton | Large |
$28,128 | $29,514 |
| 13 | Dallas | Large |
$26,508 | $29,411 |
| 14 | San francisco | Medium |
$44,424 | $39,250 |
| 15 | Nashville | Large |
$26,664 | $45,413 |
| 16 | Washington | Medium |
$32,292 | $36,994 |
| 17 | Alameda | Medium |
$32,808 | $26,739 |
| 18 | San antonio | Large |
$20,244 | $28,408 |
| 19 | Charlotte | Medium |
$23,964 | $30,178 |
| 20 | Santa clara | Medium |
$45,300 | $29,172 |
| 21 | Virginia beach | Large |
$24,108 | $35,238 |
| 22 | Denver | Medium |
$29,628 | $37,590 |
| 23 | Fort worth | Medium |
$25,092 | $28,529 |
| 24 | Seattle | Large |
$30,996 | $40,241 |
| 25 | Miami | Large |
$39,192 | $39,416 |
| 26 | San bernardino | Large |
$28,596 | $34,843 |
| 27 | Jersey city | Medium |
$29,064 | $35,955 |
| 28 | Sacramento | Medium |
$30,000 | $29,206 |
| 29 | Columbus | Medium |
$18,552 | $26,132 |
| 30 | Denton | Medium |
$28,800 | $34,841 |
| 31 | Atlanta | Large |
$25,128 | $28,353 |
| 32 | Louisville | Medium |
$17,388 | $29,953 |
| 33 | New orleans | Large |
$19,320 | $33,235 |
| 34 | Oklahoma city | Medium |
$18,156 | $23,610 |
| 35 | Dallas | Large |
$26,508 | $29,990 |
| 36 | Indianapolis | Medium |
$17,856 | $27,091 |
| 37 | Portland | Medium |
$25,044 | $28,438 |
| 38 | Sarasota | Large |
$30,660 | $43,758 |
| 39 | Killeen-temple | Medium |
$17,940 | $22,402 |
| 40 | El paso | Medium |
$19,740 | $18,942 |
| 41 | Baltimore | Medium |
$17,628 | $22,025 |
| 42 | Colorado springs | Medium |
$24,864 | $32,919 |
| 43 | Detroit | Medium |
$15,000 | $21,359 |
| 44 | Raleigh | Medium |
$23,040 | $29,931 |
| 45 | Reno | Medium |
$26,928 | $32,841 |
| 46 | Kansas city | Medium |
$16,860 | $27,219 |
| 47 | Oakland | Medium |
$28,788 | $26,251 |
| 48 | Long beach | Medium |
$28,644 | $43,322 |
| 49 | San mateo | Medium |
$44,136 | $41,135 |
| 50 | Tucson | Medium |
$18,972 | $25,171 |
| 51 | Mesa | Medium |
$24,972 | $35,519 |
| 52 | San jose | Medium |
$43,644 | $26,739 |
| 53 | Tulsa | Medium |
$18,036 | $27,443 |
| 54 | Honolulu | Large |
$31,872 | $53,136 |
| 55 | Tampa | Medium |
$26,544 | $29,139 |
| 56 | Pittsburgh | Medium |
$18,564 | $27,977 |
| 57 | Scottsdale | Medium |
$34,008 | $53,670 |
| 58 | Cape coral | Medium |
$26,328 | $48,191 |
| 59 | Cincinnati | Medium |
$16,236 | $26,902 |
| 60 | Cambridge | Small |
$38,664 | $47,305 |
| 61 | Albuquerque | Medium |
$22,776 | $28,372 |
| 62 | Aurora | Small |
$29,484 | $26,838 |
| 63 | Chattanooga | Medium |
$20,028 | $29,809 |
| 64 | Minneapolis | Medium |
$20,100 | $29,547 |
| 65 | Cleveland | Medium |
$13,860 | $23,063 |
| 66 | Milwaukee | Medium |
$15,576 | $27,406 |
| 67 | Seminole | Small |
$25,668 | $24,575 |
| 68 | Memphis | Medium |
$14,496 | $24,990 |
| 69 | Orlando | Medium |
$22,692 | $27,167 |
| 70 | Miami beach | Medium |
$36,744 | $45,912 |
| 71 | Lubbock | Medium |
$16,740 | $24,986 |
| 72 | Somerville | Small |
$38,472 | $39,387 |
| 73 | Bakersfield | Medium |
$22,596 | $24,536 |
| 74 | Newark | Medium |
$25,932 | $16,810 |
| 75 | Winston-salem | Medium |
$19,440 | $26,871 |
| 76 | Fresno | Medium |
$25,224 | $27,376 |
| 77 | Virginia beach | Medium |
$26,568 | $46,749 |
| 78 | Hollywood | Large |
$32,616 | $47,287 |
| 79 | Birmingham | Medium |
$14,928 | $26,154 |
| 80 | Montgomery | Small |
$15,432 | $22,792 |
| 81 | Fort lauderdale | Large |
$29,196 | $45,673 |
| 82 | Wichita | Small |
$13,596 | $22,035 |
| 83 | Henderson | Small |
$26,472 | $52,171 |
| 84 | Brookline | Small |
$42,072 | $41,689 |
| 85 | Fort collins | Medium |
$26,856 | $50,567 |
| 86 | Boise | Medium |
$23,052 | $29,979 |
| 87 | Arlington | Small |
$25,200 | $29,911 |
| 88 | Knoxville | Small |
$22,680 | $28,812 |
| 89 | Tempe | Medium |
$27,660 | $35,115 |
| 90 | Durham | Medium |
$23,688 | $27,706 |
| 91 | Buffalo | Medium |
$15,744 | $27,006 |
| 92 | Madison | Small |
$20,940 | $34,640 |
| 93 | Omaha | Medium |
$19,116 | $25,814 |
| 94 | Bloomington | Small |
$22,704 | $27,797 |
| 95 | Gilbert | Small |
$28,212 | $45,994 |
| 96 | Richmond | Medium |
$20,520 | $31,163 |
| 97 | Sonoma | Medium |
$35,328 | $61,839 |
| 98 | West palm beach | Medium |
$31,764 | $41,050 |
| 99 | Salt lake city | Medium |
$21,264 | $28,979 |
| 100 | Little rock | Small |
$14,796 | $22,117 |