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RE Intelligence

Fastest rent growth by ZIP code

Tier A ZIP codes ranked by the 12-month change in Zillow's observed rent index. ZIPs whose rent series is under a year old are excluded. Data for August 2026; cash flow at 7.78% with 25% down. ZIPs flagged by the monthly data checks are left out.

Top 50

#ZIPTypical priceRentGross yieldEst. cap rateCash flow /moRent 12m
194108San Francisco, CA$1,060,000$3,5924.1%1.5%-$4,397+29.3%
294103San Francisco, CA$823,000$4,4466.5%3.5%-$2,071+28.8%
370605Lake Charles, LA$272,000$1,4696.5%2.8%-$833+28.6%
494123San Francisco, CA$2,505,000$5,2282.5%0.6%-$12,228+28.6%
594114San Francisco, CA$2,015,000$5,9423.5%1.4%-$8,479+28.1%
694117San Francisco, CA$1,685,000$5,0583.6%1.4%-$7,108+28.1%
794109San Francisco, CA$1,069,000$3,9724.5%1.9%-$4,028+28.0%
894115San Francisco, CA$1,545,000$4,6053.6%1.4%-$6,523+27.8%
994105San Francisco, CA$1,127,000$5,9586.3%3.6%-$2,642+27.5%
1008402Margate City, NJ$1,139,000$1,7201.8%-0.6%-$6,703+27.4%
1194107San Francisco, CA$1,042,000$5,0015.8%3.0%-$2,992+26.8%
1294158San Francisco, CA$1,358,000$5,6495.0%2.5%-$4,469+26.2%
1394110San Francisco, CA$1,429,000$4,5903.9%1.5%-$5,863+26.0%
1494116San Francisco, CA$1,620,000$4,5403.4%1.2%-$7,068+25.1%
1594920Tiburon, CA$3,334,000$6,4992.3%0.5%-$16,617+24.2%
1607762Spring Lake, NJ$1,513,000$3,8073.0%0.5%-$7,552+23.8%
1794122San Francisco, CA$1,718,000$4,0502.8%0.8%-$8,160+23.8%
1894102San Francisco, CA$740,000$3,7786.1%3.1%-$2,096+23.4%
1994121San Francisco, CA$1,833,000$4,1592.7%0.7%-$8,884+23.2%
2094118San Francisco, CA$2,262,000$4,4402.4%0.4%-$11,412+21.3%
2138024Dyersburg, TN$170,000$9786.9%3.2%-$460+20.9%
2234145Marco Island, FL$848,000$3,2664.6%2.0%-$3,160+20.8%
2370607Lake Charles, LA$204,000$1,4048.3%4.1%-$401+20.6%
2479903El Paso, TX$182,000$1,3378.8%3.3%-$484+19.8%
2511208New York, NY$744,000$3,3005.3%2.8%-$2,307+19.7%
2615025Clairton, PA$162,000$1,3009.7%5.1%-$188+18.9%
2710458New York, NY$441,000$2,8647.8%4.3%-$814+18.3%
2892252Joshua Tree, CA$345,000$2,0307.0%4.0%-$703+18.0%
2910705Yonkers, NY$714,000$2,6864.5%0.8%-$3,354+17.5%
3088008Santa Teresa, NM$313,000$1,7226.6%3.3%-$823+17.1%
3117821Danville, PA$283,000$1,4246.0%2.8%-$870+17.1%
3252404Cedar Rapids, IA$202,000$1,4538.6%4.0%-$406+17.0%
3394080South San Francisco, CA$1,220,000$4,0294.0%1.7%-$4,864+16.9%
3411946Hampton Bays, NY$962,000$4,5295.7%2.6%-$3,127+16.8%
3523661Hampton, VA$247,000$1,7088.3%4.7%-$372+16.8%
3660643Chicago, IL$240,000$2,10510.5%6.0%-$92+16.8%
3754660Tomah, WI$260,000$1,2615.8%2.3%-$905+16.6%
3895121San Jose, CA$1,208,000$3,5883.6%1.2%-$5,330+16.6%
3993013Carpinteria, CA$1,512,000$4,3533.5%1.3%-$6,516+16.3%
4012202Albany, NY$186,000$1,4059.1%4.5%-$305+15.9%
4194612Oakland, CA$528,000$3,0797.0%3.8%-$1,188+15.7%
4244870Sandusky, OH$186,000$1,67910.8%6.4%-$5+15.7%
4316001Butler, PA$232,000$1,0295.3%1.9%-$886+15.3%
4494939Larkspur, CA$2,160,000$4,0262.2%0.4%-$10,983+15.1%
4552405Cedar Rapids, IA$210,000$1,1686.7%2.4%-$722+15.0%
4664127Kansas City, MO$92,000$1,35017.7%11.6%+$394+14.9%
4711236New York, NY$690,000$2,8975.0%2.4%-$2,369+14.7%
4807828Budd Lake, NJ$564,000$1,9654.2%0.1%-$2,971+14.7%
4952402Cedar Rapids, IA$204,000$1,2707.5%3.0%-$595+14.7%
5019342Glen Mills, PA$696,000$2,6484.6%1.4%-$2,952+14.5%

A very high gross yield often goes with low prices, older housing stock and higher vacancy, repair and collection costs than the defaults assume. Open any ZIP to see the full pro forma and change the assumptions.

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.