Cap Rate by County: US Heatmap
Butterflo tracks Cap Rate as a county-level heatmap across roughly 3,000 US counties, each colored by its median value based on active MLS listings. Below are the counties with the highest and lowest median Cap Rate among counties with available listing data.
Explore the full interactive Cap Rate map →Metro Counties Only
Many investors prefer metro areas over rural counties as finding tenants is easier there. This ranking is limited to counties where most active listings sit in a Metro-classified zip code.
Highest Cap Rate (Metro Only)
| 1 | Chemung County, NY | 11.8% |
| 2 | Wyoming County, WV | 10.6% |
| 3 | Pickens County, AL | 10.5% |
| 4 | Alexander County, IL | 9.2% |
| 5 | Cambria County, PA | 9.1% |
| 6 | Perry County, MS | 8.4% |
| 7 | Kankakee County, IL | 8.0% |
| 8 | Jefferson County, OH | 7.9% |
| 9 | Talbot County, GA | 7.8% |
| 10 | Boone County, WV | 7.8% |
Lowest Cap Rate (Metro Only)
| 1 | Newport County, RI | 0.9% |
| 2 | Cape May County, NJ | 1.0% |
| 3 | New York County, NY | 1.1% |
| 4 | Hudson County, NJ | 1.3% |
| 5 | Santa Clara County, CA | 1.4% |
| 6 | Washington County, RI | 1.5% |
| 7 | Walton County, FL | 1.6% |
| 8 | San Mateo County, CA | 1.6% |
| 9 | Bristol County, RI | 1.6% |
| 10 | Napa County, CA | 1.6% |
All Counties (including rural)
Highest Cap Rate
| 1 | Rock County, NE | 21.9% |
| 2 | Foard County, TX | 16.0% |
| 3 | Faulk County, SD | 15.8% |
| 4 | Treutlen County, GA | 14.0% |
| 5 | Leslie County, KY | 13.9% |
| 6 | Kent County, TX | 13.4% |
| 7 | Monroe County, AR | 13.3% |
| 8 | Sumter County, AL | 13.1% |
| 9 | Throckmorton County, TX | 12.9% |
| 10 | Quitman County, MS | 12.6% |
Lowest Cap Rate
| 1 | Menard County, TX | -1.1% |
| 2 | Keya Paha County, NE | -0.9% |
| 3 | Menominee County, WI | -0.3% |
| 4 | Nantucket County, MA | 0.2% |
| 5 | Ringgold County, IA | 0.3% |
| 6 | San Miguel County, CO | 0.5% |
| 7 | Teton County, WY | 0.5% |
| 8 | Dukes County, MA | 0.6% |
| 9 | Blaine County, ID | 0.7% |
| 10 | Wayne County, UT | 0.7% |
Rankings are based on median values across counties with available listing data. Counties with very few active listings can show extreme medians that don't reflect the broader market.
See all property metrics we track →