Best Rental Markets in 2026

Top cities ranked by cap rate. Higher cap rate = better cash flow potential. Data from HUD Fair Market Rents and Census median home values.

By Cap RateBy Cash Flow
#CityCap RateCash FlowHome PriceRent (3BR)Verdict
1Detroit, MI10.5%+$520/mo$85,000$1,100/mo🟢 STRONG
2Cleveland, OH9.8%+$485/mo$105,000$1,250/mo🟢 STRONG
3Toledo, OH9.2%+$470/mo$95,000$1,000/mo🟢 STRONG
4Rockford, IL9.0%+$450/mo$100,000$1,050/mo🟢 STRONG
5Dayton, OH8.8%+$430/mo$110,000$1,100/mo🟢 STRONG
6Peoria, IL8.6%+$410/mo$100,000$1,000/mo🟢 STRONG
7Akron, OH8.5%+$400/mo$105,000$1,050/mo🟢 STRONG
8Memphis, TN8.2%+$380/mo$135,000$1,350/mo🟢 STRONG
9Jackson, MS8.2%+$380/mo$110,000$1,050/mo🟢 STRONG
10Macon, GA8.2%+$375/mo$105,000$1,000/mo🟢 STRONG
11South Bend, IN8.2%+$375/mo$105,000$1,000/mo🟢 STRONG
12Topeka, KS8.0%+$360/mo$115,000$1,050/mo🟢 GOOD
13Birmingham, AL7.8%+$340/mo$125,000$1,200/mo🟢 GOOD
14St. Louis, MO7.8%+$350/mo$145,000$1,300/mo🟢 GOOD
15Rochester, NY7.8%+$340/mo$135,000$1,200/mo🟢 GOOD
16Shreveport, LA7.6%+$320/mo$125,000$1,100/mo🟢 GOOD
17Pittsburgh, PA7.5%+$320/mo$155,000$1,350/mo🟢 GOOD
18Baltimore, MD7.5%+$320/mo$175,000$1,500/mo🟢 GOOD
19Buffalo, NY7.5%+$310/mo$145,000$1,250/mo🟢 GOOD
20Odessa, TX7.5%+$315/mo$165,000$1,400/mo🟢 GOOD
21Abilene, TX7.4%+$295/mo$148,000$1,250/mo🟢 GOOD
22Evansville, IN7.3%+$280/mo$125,000$1,050/mo🟢 GOOD
23Milwaukee, WI7.2%+$280/mo$165,000$1,350/mo🟢 GOOD
24Indianapolis, IN7.1%+$290/mo$185,000$1,500/mo🟢 GOOD
25Tulsa, OK7.1%+$270/mo$155,000$1,250/mo🟢 GOOD
26Amarillo, TX7.1%+$270/mo$162,000$1,300/mo🟢 GOOD
27Wichita, KS7.0%+$260/mo$145,000$1,150/mo🟢 GOOD
28Augusta, GA6.9%+$250/mo$145,000$1,150/mo🟢 GOOD
29Oklahoma City, OK6.8%+$250/mo$175,000$1,350/mo🟢 GOOD
30Little Rock, AR6.8%+$240/mo$155,000$1,200/mo🟢 GOOD
31Lubbock, TX6.8%+$245/mo$175,000$1,350/mo🟢 GOOD
32Fort Wayne, IN6.8%+$240/mo$155,000$1,200/mo🟢 GOOD
33Cincinnati, OH6.6%+$220/mo$185,000$1,400/mo🟢 GOOD
34Kansas City, MO6.5%+$220/mo$195,000$1,450/mo🟢 GOOD
35Philadelphia, PA6.5%+$210/mo$220,000$1,600/mo🟢 GOOD
36Waco, TX6.4%+$200/mo$185,000$1,350/mo🟢 GOOD
37Springfield, MO6.4%+$200/mo$165,000$1,200/mo🟢 GOOD
38Louisville, KY6.3%+$190/mo$195,000$1,400/mo🟢 GOOD
39Corpus Christi, TX6.3%+$195/mo$195,000$1,400/mo🟢 GOOD
40Columbus, OH6.2%+$180/mo$225,000$1,550/mo🟢 GOOD
41New Orleans, LA6.2%+$175/mo$210,000$1,500/mo🟢 GOOD
42Des Moines, IA6.1%+$170/mo$195,000$1,350/mo🟢 GOOD
43El Paso, TX6.1%+$175/mo$180,000$1,250/mo🟢 GOOD
44Chicago, IL6.0%+$160/mo$265,000$1,800/mo🟢 GOOD
45San Antonio, TX5.8%+$120/mo$265,000$1,650/mo🟡 MODERATE
46Omaha, NE5.6%+$100/mo$225,000$1,450/mo🟡 MODERATE
47Houston, TX5.5%+$90/mo$280,000$1,750/mo🟡 MODERATE
48Jacksonville, FL5.5%+$95/mo$275,000$1,650/mo🟡 MODERATE
49Chattanooga, TN5.5%+$95/mo$235,000$1,450/mo🟡 MODERATE
50Huntsville, AL5.4%+$80/mo$245,000$1,500/mo🟡 MODERATE