Where rents are growing faster than prices
Top 50
| # | ZIP | Typical price | Rent | Gross yield | Est. cap rate | Cash flow /mo | Rent minus price |
|---|---|---|---|---|---|---|---|
| 1 | 70605Lake Charles, LA | $272,000 | $1,469 | 6.5% | 2.8% | -$833 | +27.9 pts |
| 2 | 94612Oakland, CA | $528,000 | $3,079 | 7.0% | 3.8% | -$1,188 | +24.0 pts |
| 3 | 48206Detroit, MI | $87,000 | $1,267 | 17.4% | 11.3% | +$351 | +21.8 pts |
| 4 | 15025Clairton, PA | $162,000 | $1,300 | 9.7% | 5.1% | -$188 | +21.5 pts |
| 5 | 94103San Francisco, CA | $823,000 | $4,446 | 6.5% | 3.5% | -$2,071 | +21.0 pts |
| 6 | 34145Marco Island, FL | $848,000 | $3,266 | 4.6% | 2.0% | -$3,160 | +20.5 pts |
| 7 | 55415Minneapolis, MN | $320,000 | $2,043 | 7.7% | 3.7% | -$744 | +20.0 pts |
| 8 | 38024Dyersburg, TN | $170,000 | $978 | 6.9% | 3.2% | -$460 | +19.5 pts |
| 9 | 70607Lake Charles, LA | $204,000 | $1,404 | 8.3% | 4.1% | -$401 | +18.4 pts |
| 10 | 73111Oklahoma City, OK | $105,000 | $1,157 | 13.2% | 7.0% | +$45 | +18.0 pts |
| 11 | 94105San Francisco, CA | $1,127,000 | $5,958 | 6.3% | 3.6% | -$2,642 | +17.9 pts |
| 12 | 94109San Francisco, CA | $1,069,000 | $3,972 | 4.5% | 1.9% | -$4,028 | +17.7 pts |
| 13 | 88008Santa Teresa, NM | $313,000 | $1,722 | 6.6% | 3.3% | -$823 | +17.6 pts |
| 14 | 79903El Paso, TX | $182,000 | $1,337 | 8.8% | 3.3% | -$484 | +17.6 pts |
| 15 | 44112East Cleveland, OH | $84,000 | $947 | 13.5% | 7.5% | +$71 | +17.3 pts |
| 16 | 94607Oakland, CA | $515,000 | $2,742 | 6.4% | 3.0% | -$1,466 | +17.3 pts |
| 17 | 33947Rotonda West, FL | $344,000 | $2,205 | 7.7% | 3.9% | -$730 | +16.7 pts |
| 18 | 15214Pittsburgh, PA | $171,000 | $1,515 | 10.7% | 6.5% | +$8 | +16.6 pts |
| 19 | 76309Wichita Falls, TX | $127,000 | $1,048 | 9.9% | 3.3% | -$334 | +16.6 pts |
| 20 | 94107San Francisco, CA | $1,042,000 | $5,001 | 5.8% | 3.0% | -$2,992 | +16.4 pts |
| 21 | 47807Terre Haute, IN | $76,000 | $842 | 13.2% | 7.3% | +$55 | +16.3 pts |
| 22 | 92252Joshua Tree, CA | $345,000 | $2,030 | 7.0% | 4.0% | -$703 | +16.3 pts |
| 23 | 95121San Jose, CA | $1,208,000 | $3,588 | 3.6% | 1.2% | -$5,330 | +16.0 pts |
| 24 | 48202Detroit, MI | $181,000 | $1,329 | 8.8% | 5.0% | -$220 | +15.8 pts |
| 25 | 23661Hampton, VA | $247,000 | $1,708 | 8.3% | 4.7% | -$372 | +15.7 pts |
| 26 | 42071Murray, KY | $196,000 | $1,088 | 6.7% | 3.2% | -$527 | +15.3 pts |
| 27 | 08402Margate City, NJ | $1,139,000 | $1,720 | 1.8% | -0.6% | -$6,703 | +15.3 pts |
| 28 | 94920Tiburon, CA | $3,334,000 | $6,499 | 2.3% | 0.5% | -$16,617 | +15.1 pts |
| 29 | 64127Kansas City, MO | $92,000 | $1,350 | 17.7% | 11.6% | +$394 | +15.1 pts |
| 30 | 70805Baton Rouge, LA | $68,000 | $929 | 16.3% | 7.8% | +$74 | +14.9 pts |
| 31 | 44110Cleveland, OH | $86,000 | $1,103 | 15.4% | 8.8% | +$169 | +14.9 pts |
| 32 | 11208New York, NY | $744,000 | $3,300 | 5.3% | 2.8% | -$2,307 | +14.8 pts |
| 33 | 70601Lake Charles, LA | $104,000 | $1,079 | 12.5% | 6.2% | -$24 | +14.7 pts |
| 34 | 94108San Francisco, CA | $1,060,000 | $3,592 | 4.1% | 1.5% | -$4,397 | +14.7 pts |
| 35 | 52404Cedar Rapids, IA | $202,000 | $1,453 | 8.6% | 4.0% | -$406 | +14.7 pts |
| 36 | 94102San Francisco, CA | $740,000 | $3,778 | 6.1% | 3.1% | -$2,096 | +14.6 pts |
| 37 | 45223Cincinnati, OH | $217,000 | $1,323 | 7.3% | 3.6% | -$524 | +14.5 pts |
| 38 | 31520Brunswick, GA | $147,000 | $1,487 | 12.2% | 7.4% | +$116 | +14.3 pts |
| 39 | 55101Saint Paul, MN | $170,000 | $1,565 | 11.1% | 5.9% | -$78 | +14.3 pts |
| 40 | 20019Washington, DC | $350,000 | $1,835 | 6.3% | 3.5% | -$853 | +14.3 pts |
| 41 | 95134San Jose, CA | $1,009,000 | $3,901 | 4.6% | 2.2% | -$3,598 | +14.3 pts |
| 42 | 94080South San Francisco, CA | $1,220,000 | $4,029 | 4.0% | 1.7% | -$4,864 | +14.0 pts |
| 43 | 15219Pittsburgh, PA | $152,000 | $1,852 | 14.6% | 10.0% | +$450 | +14.0 pts |
| 44 | 44870Sandusky, OH | $186,000 | $1,679 | 10.8% | 6.4% | -$5 | +13.7 pts |
| 45 | 96761Lahaina, HI | $964,000 | $3,131 | 3.9% | 2.0% | -$3,572 | +13.7 pts |
| 46 | 64106Kansas City, MO | $215,000 | $1,798 | 10.1% | 5.9% | -$101 | +13.7 pts |
| 47 | 20032Washington, DC | $318,000 | $1,594 | 6.0% | 3.1% | -$884 | +13.7 pts |
| 48 | 70121Jefferson, LA | $262,000 | $1,525 | 7.0% | 3.3% | -$698 | +13.6 pts |
| 49 | 94158San Francisco, CA | $1,358,000 | $5,649 | 5.0% | 2.5% | -$4,469 | +13.5 pts |
| 50 | 54660Tomah, WI | $260,000 | $1,261 | 5.8% | 2.3% | -$905 | +13.5 pts |
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
- 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).
- 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.