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RE Intelligence

Rental numbers for Wayne County, OH

The typical home here runs -$836 a month at 7.78% with 25% down, breaking even at about 0.5%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%.

Gross yield
6.1%
typical home, Zillow
Median ZIP yield
6.2%
1 ZIPs with full data
Cash flow
-$836/mo
at 7.78%, 25% down
Typical price
$265,000
Zillow ZHVI, Aug 2026
Typical rent
$1,354/mo
Zillow ZORI, Aug 2026

ZIP codes in Wayne County

13 with published figures

44691Wooster$264,000$1,3696.2%2.8%-$819-0.1%
44270Rittman$206,000$990*5.8%2.1%-$741n/a
44667Orrville$242,000$1,050*5.2%1.8%-$944n/a
44645Marshallville$300,000$1,300*5.2%1.8%-$1,173n/a
44677Smithville$264,000$1,110*5.0%1.7%-$1,043n/a
44217Creston$258,000$1,020*4.7%1.5%-$1,076n/a
44676Shreve$254,000$990*4.7%1.4%-$1,064n/a
44287Homerville$262,000$1,010*4.6%1.5%-$1,075n/a
44214Burbank$313,000$1,120*4.3%1.1%-$1,395n/a
44230Doylestown$285,000$1,010*4.3%1.0%-$1,295n/a
44276Sterling$295,000$990*4.0%0.9%-$1,361n/a
44618Dalton$308,000$980*3.8%0.9%-$1,436n/a
44606Apple Creek$334,000$970*3.5%0.7%-$1,613n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+3.9%
Rent, 12 months
+3.4%
Rent minus price growth
-0.5 pts
Property tax
1.17%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10012014016018020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$187,959n/a
Aug 2022$276,806$1,099
Aug 2023$266,490$1,193
Aug 2024$243,422$1,265
Aug 2025$255,077$1,310
Aug 2026$265,031$1,354

HUD Fair Market Rent

FY2027, Wayne County, OH

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$753$846$1,082$1,310$1,530

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
5.4
241 units, last 12 months
National percentile
51th
among US counties

Tools

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Questions

Is Wayne County good for rental property?
The typical home here runs -$836 a month at 7.78% with 25% down, breaking even at about 0.5%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Wayne County?
About 1.17% of value, from Census ACS median taxes paid over median home value. On a $265,000 home that is about $3,106 a year.
What is Fair Market Rent in Wayne County?
HUD's FY2027 Fair Market Rent here is $846 for a 1-bedroom, $1,082 for a 2-bedroom and $1,310 for a 3-bedroom. Typical cash flow at today's rate is -$836 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.