Research · Investor Market Index

Investor Market Index 2020–2024

Rent yield, housing age, renter demand and vacancy for 46 markets where Ambition Lending funds investors — from public Census data, free to cite.

Download CSV Methodology

Highest rent yield

Huntington, WV (8.6%) · Santa Rosa, NM (7.8%) · San Antonio, TX (6.7%)

Markets where rent is highest relative to price — the strongest starting point for DSCR rentals and BRRRR.

Lowest rent yield

Bozeman, MT (3.0%) · Missoula, MT (3.0%) · Kalispell, MT (3.0%)

Price-led markets where rentals need more equity and value-add flips usually pencil better.

Oldest housing stock

Rutland, VT (1938) · Portland, ME (1946) · Bangor, ME (1954)

Median build year — older stock means bigger rehab scopes and lead-safe renovation rules.

All markets

City	State	Median value	Median rent	Rent yield	Renters	Median built	Vacancy
Huntington	WV	$127,200	$912	8.6%	47%	1955	17%
Santa Rosa	NM	$111,600	$727	7.8%	33%	1978	26%
San Antonio	TX	$235,700	$1,324	6.7%	48%	1985	10%
Fairbanks	AK	$268,400	$1,496	6.7%	60%	1979	12%
South Charleston	WV	$155,400	$844	6.5%	29%	1958	11%
Rutland	VT	$185,500	$995	6.4%	45%	1938	13%
Jacksonville	FL	$293,700	$1,465	6.0%	42%	1987	8%
Houston	TX	$277,800	$1,361	5.9%	58%	1982	11%
Omaha	NE	$245,500	$1,187	5.8%	43%	1973	5%
Bangor	ME	$219,600	$1,055	5.8%	53%	1954	9%
Dallas	TX	$320,700	$1,472	5.5%	58%	1981	10%
Charleston	WV	$203,300	$908	5.4%	37%	1957	17%
Orlando	FL	$394,100	$1,747	5.3%	60%	1992	12%
Nashua	NH	$403,900	$1,737	5.2%	44%	1975	4%
Manchester	NH	$365,600	$1,564	5.1%	51%	1966	6%
Las Cruces	NM	$231,700	$974	5.0%	44%	1991	6%
Lewiston	ME	$235,100	$986	5.0%	49%	1957	6%
Charlotte	NC	$385,700	$1,612	5.0%	49%	1995	8%
Lincoln	NE	$264,000	$1,086	4.9%	44%	1982	5%
Concord	NH	$350,900	$1,441	4.9%	43%	1969	5%
Tampa	FL	$420,400	$1,701	4.9%	50%	1985	9%
Atlanta	GA	$439,600	$1,711	4.7%	54%	1989	11%
Casper	WY	$260,400	$1,009	4.6%	30%	1975	8%
Nashville	TN	$413,600	$1,586	4.6%	48%	1987	9%
Anchorage	AK	$395,900	$1,489	4.5%	36%	1982	10%
Phoenix	AZ	$420,700	$1,582	4.5%	43%	1985	7%
Burlington	VT	$444,800	$1,649	4.4%	58%	1957	3%
Rapid City	SD	$299,400	$1,109	4.4%	37%	1979	9%
Morgantown	WV	$259,400	$937	4.3%	56%	1966	14%
Sioux Falls	SD	$292,400	$1,035	4.2%	40%	1993	5%
Bar Nunn	WY	$297,300	$1,042	4.2%	4%	2004	2%
Great Falls	MT	$257,000	$900	4.2%	34%	1965	7%
Montpelier	VT	$375,100	$1,302	4.2%	47%	1955	5%
Miami	FL	$518,100	$1,758	4.1%	69%	1979	13%
Fargo	ND	$281,900	$946	4.0%	56%	1991	6%
Cheyenne	WY	$333,700	$1,118	4.0%	33%	1976	5%
Bismarck	ND	$300,300	$999	4.0%	35%	1985	6%
Billings	MT	$343,400	$1,138	4.0%	35%	1980	6%
Santa Fe	NM	$444,900	$1,463	3.9%	36%	1986	10%
Portland	ME	$489,600	$1,577	3.9%	53%	1946	10%
Austin	TX	$555,300	$1,729	3.7%	57%	1994	6%
Laramie	WY	$319,500	$925	3.5%	56%	1977	6%
Helena	MT	$387,300	$1,092	3.4%	47%	1974	5%
Kalispell	MT	$428,000	$1,078	3.0%	45%	1985	4%
Missoula	MT	$473,100	$1,189	3.0%	53%	1981	6%
Bozeman	MT	$687,900	$1,717	3.0%	55%	2000	7%

Click any column to sort. Sorted by rent yield.

Methodology

All figures come from the U.S. Census Bureau's American Community Survey, ACS 2020–2024 5-year estimates, for each Census place: median value of owner-occupied homes (B25077), median gross rent (B25064), median year structure built (B25035), tenure (B25003), occupancy (B25002), median household income (B19013) and total population (B01003). Gross rent yield is 12 × median gross rent ÷ median home value. Five-year estimates are used because they cover small cities as well as large ones; they describe the 2020–2024 period, not today's prices.

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