Rental numbers for the Norwalk, OH metro
The typical home here runs -$261 a month at 7.78% with 25% down, breaking even at about 5.2%. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.7%.
- Gross yield
- 8.7%
- typical home, Zillow
- Median ZIP yield
- 7.7%
- 1 ZIPs with full data
- Cash flow
- -$261/mo
- at 7.78%, 25% down
- Typical price
- $201,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,457/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
9 with published figures
| 44857Norwalk | $221,000 | $1,420 | 7.7% | 4.0% | -$448 | n/a |
| 44855North Fairfield | $190,000 | $1,090* | 6.9% | 3.4% | -$489 | n/a |
| 44890Willard | $175,000 | $970* | 6.6% | 3.1% | -$497 | n/a |
| 44847Monroeville | $212,000 | $1,150* | 6.5% | 2.9% | -$637 | n/a |
| 44811Bellevue | $192,000 | $980* | 6.1% | 2.6% | -$622 | n/a |
| 44837Greenwich | $197,000 | $970* | 5.9% | 2.5% | -$655 | n/a |
| 44851New London | $209,000 | $970* | 5.6% | 2.1% | -$758 | n/a |
| 44826Collins | $243,000 | $1,070* | 5.3% | 2.2% | -$862 | n/a |
| 44889Wakeman | $284,000 | $1,150* | 4.9% | 1.8% | -$1,095 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.3%
- Rent, 12 months
- +7.0%
- Rent minus price growth
- +1.7 pts
- Property tax
- 1.01%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $158,046 | n/a |
| Aug 2022 | $171,196 | n/a |
| Aug 2023 | $173,594 | n/a |
| Aug 2024 | $185,463 | n/a |
| Aug 2025 | $191,234 | $1,361 |
| Aug 2026 | $201,423 | $1,457 |
Counties
- Huron County, OH7.7% median yield
Tools
Questions
- Is the Norwalk, OH metro good for rental property?
- The typical home here runs -$261 a month at 7.78% with 25% down, breaking even at about 5.2%. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.7%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Norwalk, OH metro have the highest rental yield?
- 44857 (Norwalk) at 7.7%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
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.