Maryland — Rental Investment Markets
All Maryland metros ranked by cap rate. Median cap rate: 2.9%, median home price: $484,334.
Median Cap Rate
2.9%
Median Home Price
$484,334
Median Rent
$2,460/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Baltimore, MD | 8.0% | +$361/mo | $232,262 | $2,235/mo | 🟢 GOOD |
| 2 | Hughesville, MD | 5.4% | -$457/mo | $483,396 | $3,415/mo | 🟡 MODERATE |
| 3 | Salisbury, MD | 5.2% | -$285/mo | $270,554 | $1,870/mo | 🟡 MODERATE |
| 4 | Cumberland, MD | 5.1% | -$198/mo | $177,433 | $1,240/mo | 🟡 MODERATE |
| 5 | Elkton, MD | 4.9% | -$441/mo | $323,383 | $2,120/mo | 🟡 MODERATE |
| 6 | Glen Burnie, MD | 4.8% | -$543/mo | $399,978 | $2,625/mo | 🟡 MODERATE |
| 7 | Cascade, MD | 4.5% | -$457/mo | $285,662 | $1,790/mo | 🟡 MODERATE |
| 8 | North Beach, MD | 4.5% | -$670/mo | $416,961 | $2,610/mo | 🟡 MODERATE |
| 9 | Columbia, MD | 4.2% | -$892/mo | $528,913 | $3,290/mo | 🟡 MODERATE |
| 10 | Boonsboro, MD | 4.2% | -$767/mo | $413,206 | $2,460/mo | 🟡 MODERATE |
| 11 | Pocomoke City, MD | 4.2% | -$413/mo | $223,128 | $1,330/mo | 🟡 MODERATE |
| 12 | Waldorf, MD | 4.1% | -$888/mo | $460,294 | $2,590/mo | 🟡 MODERATE |
| 13 | Towson, MD | 4.0% | -$1,042/mo | $502,635 | $2,860/mo | 🟡 MODERATE |
| 14 | Bowie, MD | 4.0% | -$1,050/mo | $540,035 | $3,310/mo | 🟡 MODERATE |
| 15 | Millington, MD | 3.9% | -$684/mo | $333,930 | $1,910/mo | 🔴 WEAK |
| 16 | Hancock, MD | 3.8% | -$546/mo | $257,453 | $1,450/mo | 🔴 WEAK |
| 17 | Laurel, MD | 3.8% | -$1,068/mo | $489,482 | $2,770/mo | 🔴 WEAK |
| 18 | Germantown, MD | 3.8% | -$1,048/mo | $485,272 | $2,710/mo | 🔴 WEAK |
| 19 | Upper Marlboro, MD | 3.8% | -$1,003/mo | $473,123 | $2,665/mo | 🔴 WEAK |
| 20 | Reisterstown, MD | 3.7% | -$1,052/mo | $455,504 | $2,460/mo | 🔴 WEAK |
| 21 | Bel Air, MD | 3.7% | -$1,040/mo | $469,540 | $2,590/mo | 🔴 WEAK |
| 22 | Dunkirk, MD | 3.3% | -$1,653/mo | $638,376 | $3,230/mo | 🔴 WEAK |
| 23 | Westminster, MD | 3.3% | -$1,215/mo | $470,468 | $2,385/mo | 🔴 WEAK |
| 24 | Annapolis, MD | 3.2% | -$1,632/mo | $623,642 | $3,240/mo | 🔴 WEAK |
| 25 | Saint Leonard, MD | 3.2% | -$1,261/mo | $474,319 | $2,360/mo | 🔴 WEAK |
| 26 | Smithsburg, MD | 3.2% | -$1,005/mo | $374,294 | $1,850/mo | 🔴 WEAK |
| 27 | Lexington Park, MD | 3.2% | -$1,219/mo | $439,469 | $2,125/mo | 🔴 WEAK |
| 28 | Pikesville, MD | 3.1% | -$2,686/mo | $731,974 | $2,740/mo | 🔴 WEAK |
| 29 | Marriottsville, MD | 2.9% | -$2,014/mo | $693,679 | $3,245/mo | 🔴 WEAK |
| 30 | Sabillasville, MD | 2.9% | -$1,178/mo | $407,276 | $1,910/mo | 🔴 WEAK |
| 31 | Frederick, MD | 2.9% | -$1,450/mo | $459,211 | $2,165/mo | 🔴 WEAK |
| 32 | Rockville, MD | 2.8% | -$1,859/mo | $594,455 | $2,860/mo | 🔴 WEAK |
| 33 | Kingsville, MD | 2.8% | -$1,599/mo | $537,903 | $2,470/mo | 🔴 WEAK |
| 34 | Ellicott City, MD | 2.8% | -$2,195/mo | $725,497 | $3,285/mo | 🔴 WEAK |
| 35 | Taneytown, MD | 2.8% | -$1,183/mo | $399,491 | $1,840/mo | 🔴 WEAK |
| 36 | Gaithersburg, MD | 2.7% | -$1,910/mo | $594,292 | $2,595/mo | 🔴 WEAK |
| 37 | Silver Spring, MD | 2.6% | -$1,926/mo | $593,618 | $2,530/mo | 🔴 WEAK |
| 38 | New Windsor, MD | 2.6% | -$1,515/mo | $486,473 | $2,150/mo | 🔴 WEAK |
| 39 | Mechanicsville, MD | 2.5% | -$1,555/mo | $473,559 | $1,995/mo | 🔴 WEAK |
| 40 | Allen, MD | 2.5% | -$1,044/mo | $320,381 | $1,360/mo | 🔴 WEAK |
| 41 | Tall Timbers, MD | 2.5% | -$1,597/mo | $496,181 | $2,130/mo | 🔴 WEAK |
| 42 | Clear Spring, MD | 2.5% | -$1,151/mo | $358,243 | $1,540/mo | 🔴 WEAK |
| 43 | Pasadena, MD | 2.3% | -$9,187/mo | $1,756,275 | $3,230/mo | 🔴 WEAK |
| 44 | Mount Airy, MD | 2.2% | -$2,250/mo | $641,656 | $2,530/mo | 🔴 WEAK |
| 45 | Union Bridge, MD | 2.2% | -$1,588/mo | $453,505 | $1,790/mo | 🔴 WEAK |
| 46 | Friendship, MD | 2.2% | -$2,250/mo | $645,343 | $2,560/mo | 🔴 WEAK |
| 47 | Keymar, MD | 2.2% | -$1,628/mo | $460,602 | $1,800/mo | 🔴 WEAK |
| 48 | Knoxville, MD | 2.1% | -$1,652/mo | $464,175 | $1,800/mo | 🔴 WEAK |
| 49 | Brookeville, MD | 2.0% | -$3,042/mo | $823,754 | $3,060/mo | 🔴 WEAK |
| 50 | Hydes, MD | 1.9% | -$2,176/mo | $582,093 | $2,130/mo | 🔴 POOR |
| 51 | Highland, MD | 1.9% | -$3,777/mo | $1,001,004 | $3,620/mo | 🔴 POOR |
| 52 | Middletown, MD | 1.8% | -$2,184/mo | $573,544 | $2,050/mo | 🔴 POOR |
| 53 | Woodbine, MD | 1.5% | -$3,333/mo | $815,812 | $2,640/mo | 🔴 POOR |
| 54 | Owings, MD | 1.4% | -$2,574/mo | $624,057 | $1,990/mo | 🔴 POOR |
| 55 | Glenwood, MD | 1.2% | -$4,778/mo | $1,102,029 | $3,230/mo | 🔴 POOR |
| 56 | Barnesville, MD | 1.1% | -$3,257/mo | $743,108 | $2,135/mo | 🔴 POOR |
| 57 | Jefferson, MD | 1.0% | -$2,598/mo | $576,527 | $1,570/mo | 🔴 POOR |
| 58 | Bethesda, MD | 1.0% | -$5,930/mo | $1,314,592 | $3,380/mo | 🔴 POOR |