Metros ranked by Cap Rate
Note: These are only the median Cap Rate for a whole metro. There are many individual properties in a metro that will have better Cap Rate. Go here to explore the top properties by Cap Rate in a metro.
| Rank | Metro | #Properties | Price | Cap Rate | ROI Rate | Days on Market |
|---|---|---|---|---|---|---|
| 1 | Muncie, IN | 1,115 | $164,900 | 6.82 | 16.46 | 50 |
| 2 | Detroit, MI | 4,828 | $159,900 | 6.22 | 15.50 | 44 |
| 3 | Houma, LA | 1,370 | $250,000 | 6.20 | 10.29 | 114 |
| 4 | Baton Rouge, LA | 3,344 | $299,900 | 5.96 | 10.86 | 78 |
| 5 | Jonesboro, AR | 1,295 | $229,900 | 5.95 | 12.98 | 66 |
| 6 | Beaumont, TX | 1,757 | $243,845 | 5.94 | 12.64 | 64 |
| 7 | Lake Charles, LA | 1,611 | $240,000 | 5.94 | 9.73 | 101 |
| 8 | Venice, FL | 4,201 | $389,500 | 5.86 | 19.44 | 117 |
| 9 | Huntington, WV | 1,338 | $205,000 | 5.81 | 11.82 | 52 |
| 10 | Dothan, AL | 1,062 | $265,000 | 5.66 | 13.02 | 56 |
| 11 | Shreveport, LA | 1,883 | $249,975 | 5.61 | 10.57 | 81 |
| 12 | Mobile, AL | 1,201 | $275,000 | 5.61 | 15.03 | 35 |
| 13 | Lafayette, LA | 2,703 | $258,500 | 5.55 | 9.91 | 82 |
| 14 | Gary, IN | 3,979 | $287,400 | 5.47 | 14.64 | 45 |
| 15 | Stuart, FL | 1,946 | $466,000 | 5.46 | 18.33 | 95 |
| 16 | Jackson, MS | 2,007 | $316,400 | 5.35 | 12.05 | 74 |
| 17 | Hammond, LA | 1,166 | $285,000 | 5.32 | 11.68 | 76 |
| 18 | Columbia, SC | 3,108 | $307,700 | 5.29 | 14.99 | 51 |
| 19 | Baltimore, MD | 3,539 | $299,000 | 5.27 | 12.71 | 42 |
| 20 | Youngstown, OH | 1,862 | $219,900 | 5.25 | 13.69 | 41 |
| 21 | Little Rock, AR | 2,813 | $267,500 | 5.21 | 12.91 | 51 |
| 22 | Midland, TX | 1,447 | $370,000 | 5.19 | 8.96 | 52 |
| 23 | Sebring, FL | 1,378 | $276,900 | 5.18 | 18.98 | 91 |
| 24 | Gadsden, AL | 2,176 | $250,000 | 5.18 | 13.76 | 56 |
| 25 | Slidell, LA | 1,615 | $318,000 | 5.16 | 11.93 | 71 |
| 26 | New Orleans, LA | 4,695 | $325,000 | 5.14 | 10.43 | 80 |
| 27 | Birmingham, AL | 4,201 | $299,000 | 5.13 | 13.58 | 52 |
| 28 | Memphis, TN | 3,078 | $259,900 | 5.12 | 15.24 | 59 |
| 29 | Macon, GA | 2,074 | $274,945 | 5.12 | 14.50 | 59 |
| 30 | Cape Girardeau, MO | 1,044 | $215,000 | 5.07 | 11.79 | 51 |
| 31 | Joplin, MO | 1,314 | $239,544 | 5.05 | 14.18 | 57 |
| 32 | Gulfport, MS | 2,151 | $306,990 | 5.04 | 13.81 | 83 |
| 33 | Tuscaloosa, AL | 1,050 | $329,900 | 5.03 | 11.79 | 35 |
| 34 | Lithonia, GA | 2,770 | $309,900 | 5.02 | 19.50 | 56 |
| 35 | Naples, FL | 6,528 | $650,000 | 5.02 | 18.81 | 117 |
| 36 | Jackson, TN | 1,549 | $265,000 | 5.00 | 16.16 | 71 |
| 37 | Saint Louis, MO | 4,310 | $260,000 | 4.99 | 12.65 | 46 |
| 38 | Auburn, AL | 1,793 | $300,000 | 4.99 | 13.88 | 29 |
| 39 | Cape Coral, FL | 8,326 | $394,650 | 4.98 | 18.64 | 104 |
| 40 | Aiken, SC | 1,870 | $308,750 | 4.92 | 15.36 | 62 |
| 41 | Rochester, NY | 1,123 | $249,900 | 4.86 | 14.43 | 27 |
| 42 | Dunnellon, FL | 2,406 | $295,000 | 4.86 | 18.39 | 82 |
| 43 | Florence, AL | 1,046 | $289,450 | 4.84 | 14.19 | 69 |
| 44 | Pensacola, FL | 1,571 | $330,000 | 4.82 | 16.99 | 38 |
| 45 | Evansville, IN | 1,792 | $304,350 | 4.81 | 12.83 | 60 |
| 46 | Atlanta, GA | 7,555 | $365,000 | 4.80 | 14.23 | 56 |
| 47 | Punta Gorda, FL | 4,229 | $358,000 | 4.79 | 18.83 | 118 |
| 48 | Dayton, OH | 2,669 | $289,000 | 4.79 | 14.55 | 44 |
| 49 | Summerfield, FL | 1,193 | $289,900 | 4.79 | 17.33 | 86 |
| 50 | Winter Haven, FL | 3,978 | $318,945 | 4.78 | 18.21 | 90 |
| 51 | Rocky Mount, NC | 1,648 | $289,900 | 4.78 | 15.23 | 68 |
| 52 | Jacksonville, FL | 5,925 | $319,500 | 4.76 | 16.53 | 71 |
| 53 | Richmond Hill, GA | 1,107 | $339,900 | 4.76 | 15.02 | 65 |
| 54 | Ocala, FL | 3,573 | $299,990 | 4.74 | 18.07 | 86 |
| 55 | Parrish, FL | 1,984 | $400,000 | 4.74 | 18.14 | 84 |
| 56 | Zanesville, OH | 1,484 | $279,900 | 4.74 | 13.59 | 55 |
| 57 | Boca Raton, FL | 8,350 | $390,000 | 4.73 | 16.91 | 86 |
| 58 | Somerset, KY | 1,094 | $269,000 | 4.71 | 14.04 | 69 |
| 59 | Myrtle Beach, SC | 4,762 | $329,000 | 4.68 | 15.94 | 81 |
| 60 | Flint, MI | 2,273 | $229,900 | 4.67 | 13.46 | 45 |
| 61 | Saint Petersburg, FL | 5,793 | $399,900 | 4.64 | 18.60 | 81 |
| 62 | Bloomington, IN | 1,200 | $299,900 | 4.63 | 13.59 | 58 |
| 63 | Fort Lauderdale, FL | 10,791 | $399,900 | 4.63 | 16.59 | 78 |
| 64 | Tulsa, OK | 4,445 | $340,000 | 4.62 | 13.82 | 58 |
| 65 | Lehigh Acres, FL | 3,084 | $361,370 | 4.62 | 18.56 | 90 |
| 66 | Kingman, AZ | 1,211 | $284,000 | 4.61 | 16.83 | 74 |
| 67 | Leesburg, FL | 2,903 | $350,000 | 4.60 | 16.88 | 85 |
| 68 | Louisville, KY | 3,608 | $324,900 | 4.59 | 13.13 | 43 |
| 69 | Toledo, OH | 1,624 | $259,900 | 4.59 | 12.42 | 39 |
| 70 | Boiling Springs, SC | 2,513 | $321,640 | 4.58 | 15.87 | 62 |
| 71 | McDonough, GA | 2,985 | $365,800 | 4.57 | 17.92 | 55 |
| 72 | Fort Smith, AR | 1,314 | $269,250 | 4.56 | 13.58 | 72 |
| 73 | Indianapolis, IN | 3,523 | $299,000 | 4.56 | 14.75 | 49 |
| 74 | Harrison, MI | 1,300 | $245,000 | 4.56 | 15.21 | 51 |
| 75 | Rome, GA | 1,345 | $299,999 | 4.55 | 16.25 | 62 |
| 76 | Kingsport, TN | 2,166 | $329,900 | 4.55 | 15.95 | 57 |
| 77 | Lansing, MI | 1,418 | $272,950 | 4.54 | 12.65 | 45 |
| 78 | Norman, OK | 2,049 | $315,000 | 4.54 | 13.07 | 61 |
| 79 | Brooksville, FL | 1,643 | $345,000 | 4.54 | 19.05 | 81 |
| 80 | West Palm Beach, FL | 5,842 | $485,000 | 4.52 | 17.40 | 89 |
| 81 | Corpus Christi, TX | 2,414 | $299,000 | 4.50 | 12.66 | 78 |
| 82 | Port Saint Lucie, FL | 3,440 | $406,945 | 4.49 | 17.92 | 81 |
| 83 | Gainesville, FL | 1,883 | $325,000 | 4.49 | 15.35 | 78 |
| 84 | Lakeland, FL | 2,844 | $348,995 | 4.49 | 17.63 | 77 |
| 85 | Palm Bay, FL | 2,969 | $359,900 | 4.48 | 17.37 | 77 |
| 86 | Oklahoma City, OK | 5,281 | $341,490 | 4.48 | 12.91 | 62 |
| 87 | Huntsville, AL | 4,204 | $359,900 | 4.47 | 16.28 | 76 |
| 88 | New Port Richey, FL | 4,984 | $355,000 | 4.47 | 19.69 | 72 |
| 89 | Lancaster, CA | 1,576 | $502,500 | 4.43 | 15.03 | 45 |
| 90 | Daytona Beach, FL | 3,693 | $399,000 | 4.43 | 17.08 | 93 |
| 91 | Davenport, IA | 1,067 | $205,000 | 4.42 | 10.43 | 44 |
| 92 | Tallahassee, FL | 1,900 | $319,950 | 4.41 | 14.72 | 53 |
| 93 | Lubbock, TX | 2,914 | $250,000 | 4.41 | 12.02 | 62 |
| 94 | Douglasville, GA | 2,976 | $369,900 | 4.38 | 17.58 | 45 |
| 95 | Binghamton, NY | 1,243 | $259,900 | 4.37 | 12.44 | 47 |
| 96 | Suffolk, VA | 1,700 | $355,000 | 4.36 | 13.21 | 42 |
| 97 | Heber Springs, AR | 1,186 | $280,000 | 4.36 | 12.84 | 69 |
| 98 | Fort Wayne, IN | 2,160 | $324,900 | 4.35 | 14.02 | 51 |
| 99 | Elizabethtown, KY | 1,167 | $295,000 | 4.35 | 13.62 | 56 |
| 100 | Humble, TX | 4,040 | $302,015 | 4.34 | 13.09 | 40 |