State rental market analysis · OH
Ohio rental markets
86 tracked cities over 20,000 population, 85 ranked and summarized by their median Overall. Every number traces to Census, Zillow and BLS. All states ranked →
Browse every Ohio ZIP Code area → · the full server-rendered index for this state.
Part of the East North Central Census division (Midwest region).
The honest read
Ohio ranks #25 of 51 states for rental investing, with a median Overall of 49.7/100 across its ranked cities, above the national median. 85 ranked cities roll up into this grade.
A state grade is the median of its ranked cities, a screen for where to look, not underwriting. Open any city below for its full shown-math breakdown, or run a specific deal through the cap rate and cash-flow calculators.
Where it ranks, factor by factor
Every value is the median across the 85 ranked cities in this state. The national rank compares all 51 states on that one factor; the engine already flips inverted factors (affordability, low unemployment) so a better rank always means a better market. Each factor sits in one of the model’s three categories (Cash Flow, Growth, or Stability); this is a representative summary, and the full thirteen-factor breakdown is on each city’s page. Full methodology.
| Factor | Category | State value | National rank |
|---|---|---|---|
| Gross rent yield | Cash Flow | 8.0% | not measured |
| Rent growth | Growth | 5.1% | not measured |
| Home value growth | Growth | 5.6% | not measured |
| Population growth | Growth | 0.2% | not measured |
| Job growth | Growth | 0.3% | not measured |
| Price-to-income | Cash Flow | 3.7× | not measured |
| Unemployment | Stability | 3.6% | not measured |
| Rental demand | Stability | 45% renters · 442.0% vacancy | not measured |
| Income growth | Growth | 5.3% | not measured |
Every city in Ohio, ranked
Led by Piqua at 72/100. Click any column to re-sort; every city links to its full shown-math breakdown.
| OH rank | City | Grade | Cash Flow | Growth | Stability | Typical home value | Gross yield | National rank |
|---|---|---|---|---|---|---|---|---|
| 1 med | Piqua | 72 | A | C | B | $183,917 | 8.6% | #41 |
| 2 | Marysville | 68 | C | B | B | $370,749 | 4.9% | #79 |
| 3 | Reynoldsburg | 64 | B | C | B | $299,805 | 7.0% | #186 |
| 4 | Columbus | 63 | B | C | C | $248,686 | 7.0% | #211 |
| 5 | Delaware | 62 | C | A | B | $416,378 | 5.0% | #238 |
| 6 | Troy | 61 | B | C | C | $285,809 | 6.2% | #260 |
| 7 | North Ridgeville | 60 | A | C | C | $339,948 | 7.7% | #296 |
| 8 | Newark | 59 | B | B | C | $249,974 | 6.5% | #348 |
| 9 | Avon Lake | 58 | B | B | C | $432,538 | 5.8% | #369 |
| 10 | Mason | 57 | C | B | C | $513,673 | 5.0% | #430 |
| 11 | Wadsworth | 56 | B | C | C | $323,429 | 6.5% | #442 |
| 12 | Akron | 56 | A | D | C | $141,611 | 9.6% | #455 |
| 13 | Fairborn | 56 | A | C | C | $210,326 | 8.7% | #469 |
| 14 | Cuyahoga Falls | 56 | A | C | C | $220,712 | 8.0% | #487 |
| 15 | Middletown | 55 | C | B | C | $263,542 | 5.9% | #510 |
| 16 | Xenia | 55 | B | C | B | $259,896 | 6.5% | #533 |
| 17 | Huber Heights | 55 | A | C | D | $212,794 | 7.4% | #536 |
| 18 | Riverside | 55 | A | D | C | $174,321 | 8.1% | #538 |
| 19 | Maple Heights | 54 | A | D | C | $135,790 | 13.8% | #557 |
| 20 | Lebanon | 54 | C | B | C | $405,854 | 5.9% | #564 |
| 21 | Brunswick | 54 | B | D | C | $323,713 | 6.4% | #565 |
| 22 | Beavercreek | 54 | B | C | C | $338,786 | 6.1% | #570 |
| 23 | Lancaster | 54 | C | B | C | $279,719 | 5.3% | #577 |
| 24 | Perrysburg | 54 | B | D | C | $340,626 | 5.9% | #589 |
| 25 | South Euclid | 53 | A | D | C | $184,259 | 11.2% | #605 |
| 26 | Willoughby | 53 | B | D | C | $249,498 | 7.1% | #612 |
| 27 | Cincinnati | 53 | C | C | C | $251,326 | 6.9% | #615 |
| 28 | Painesville | 53 | B | D | B | $231,205 | 7.2% | #618 |
| 29 | Dayton | 53 | A | C | D | $138,730 | 10.8% | #626 |
| 30 | Lorain | 53 | A | C | D | $157,363 | 8.5% | #629 |
| 31 | Grove City | 52 | C | B | D | $336,312 | 5.9% | #651 |
| 32 | Hilliard | 52 | C | B | C | $388,604 | 5.0% | #656 |
| 33 | Trotwood | 51 | A | D | D | $139,653 | 11.3% | #698 |
| 34 | Mentor | 51 | A | D | C | $279,252 | 7.1% | #701 |
| 35 | North Olmsted | 51 | B | D | C | $282,082 | 7.6% | #703 |
| 36 | Solon | 51 | B | D | C | $470,327 | 6.9% | #722 |
| 37 | Pickerington | 51 | B | B | D | $424,650 | 6.8% | #733 |
| 38 | Barberton | 50 | A | D | B | $158,581 | 8.7% | #746 |
| 39 | Springfield | 50 | B | D | C | $190,008 | 8.0% | #747 |
| 40 | Alliance | 50 | B | D | B | $168,623 | 5.6% | #750 |
| 41 | Kettering | 50 | B | D | B | $247,857 | 6.4% | #759 |
| 42 med | Green | 50 | B | C | C | $269,400 | 5.3% | #769 |
| 43 | Massillon | 50 | C | D | B | $222,038 | 6.0% | #783 |
| 44 | Sidney | 50 | B | D | B | $219,162 | 6.3% | #791 |
| 45 | Avon | 49 | C | C | C | $483,313 | 5.3% | #805 |
| 46 | Parma | 48 | B | D | C | $220,070 | 7.5% | #852 |
| 47 | Hamilton | 48 | C | C | C | $308,935 | 6.0% | #855 |
| 48 | Hudson | 48 | B | C | C | $562,779 | 5.6% | #857 |
| 49 med | Marion | 48 | A | D | C | $169,702 | 9.6% | #863 |
| 50 | Chillicothe | 48 | B | D | C | $208,000 | 6.6% | #875 |
| 51 | Lima | 48 | A | D | C | $153,756 | 9.2% | #881 |
| 52 | Wooster | 48 | B | D | C | $267,893 | 6.3% | #897 |
| 53 | Zanesville | 47 | C | C | C | $204,918 | 6.3% | #904 |
| 54 | Cleveland | 47 | A | D | D | $116,759 | 14.6% | #906 |
| 55 | Gahanna | 47 | C | C | C | $382,754 | 5.1% | #912 |
| 56 | Toledo | 47 | A | D | D | $134,048 | 10.2% | #927 |
| 57 | Canton | 46 | B | D | C | $176,627 | 7.6% | #958 |
| 58 | Findlay | 46 | B | D | B | $247,866 | 6.5% | #965 |
| 59 | Euclid | 46 | A | D | D | $150,362 | 9.8% | #976 |
| 60 | Garfield Heights | 46 | A | D | D | $138,742 | 12.3% | #980 |
| 61 | Youngstown | 46 | A | D | D | $71,210 | 18.0% | #983 |
| 62 | Fairfield | 45 | C | C | C | $286,470 | 5.5% | #1036 |
| 63 | Parma Heights | 45 | C | D | B | $224,246 | 6.3% | #1054 |
| 64 | Kent | 44 | C | D | C | $253,734 | 7.3% | #1067 |
| 65 | Centerville | 44 | D | C | B | $391,980 | 5.2% | #1080 |
| 66 | Medina | 44 | C | D | C | $386,383 | 5.9% | #1109 |
| 67 | Strongsville | 43 | B | D | D | $369,344 | 6.7% | #1125 |
| 68 | Mansfield | 43 | B | D | D | $154,902 | 6.7% | #1139 |
| 69 | Elyria | 43 | B | C | D | $190,886 | 6.9% | #1142 |
| 70 | Mayfield Heights | 43 | B | D | C | $235,842 | 6.7% | #1145 |
| 71 | Westlake | 41 | C | C | D | $428,966 | 5.3% | #1224 |
| 72 | Stow | 41 | B | D | D | $292,715 | 6.6% | #1229 |
| 73 | North Royalton | 41 | C | D | C | $343,893 | 6.1% | #1232 |
| 74 | Warren | 41 | A | D | D | $127,876 | 9.2% | #1235 |
| 75 | Dublin | 40 | D | C | C | $569,121 | 3.9% | #1253 |
| 76 | Cleveland Heights | 40 | B | D | D | $211,115 | 8.2% | #1281 |
| 77 | Westerville | 39 | D | D | C | $454,134 | 4.3% | #1322 |
| 78 | Bowling Green | 38 | D | D | B | $269,081 | 4.6% | #1363 |
| 79 med | Oxford | 37 | D | C | D | $347,860 | 5.1% | #1406 |
| 80 med | Sandusky | 36 | A | D | F | $153,976 | 9.7% | #1443 |
| 81 | Upper Arlington | 34 | D | C | D | $650,170 | 3.7% | #1542 |
| 82 | Rocky River | 32 | D | D | D | $408,262 | 4.7% | #1590 |
| 83 | Lakewood | 32 | D | D | D | $297,929 | 5.9% | #1603 |
| 84 | Athens | 31 | D | D | D | $250,164 | 5.9% | #1628 |
| 85 | Shaker Heights | 26 | D | D | D | $356,977 | 5.9% | #1727 |
Data as of: Zillow ZHVI/ZORI through the latest monthly release · Census ACS 5-yr 2019–2023 · Census PEP July 2024 · BLS LAUS county 2023 annual. Generated 2026-09-01. Methodology & limitations · underwrite any specific deal with the free calculators.
Limited-data cities in Ohio
These 1 cities lack enough measured factors to rank, so they are excluded from the state grade; their pages show exactly what could be measured.
ZIP markets in Ohio
1,233 Census ZIP Codes (ZCTAs) in Ohio · 820 data-eligible for subscores. These are sub-city government areas ranked separately from the Ohio city table. The overall Rental Investor ZIP Score leaderboard leads; the two component subscores (affordability, rental-market context) follow as independent percentiles. ZIP ranks are shown within the ZIP universe only, never mixed with, and not directly comparable to, city ranks. Vintage: the Key metric column is Census ACS 2020–2024 (5-year), a newer release than the ACS 2019–2023 figures the city table above uses; the same measure can legitimately disagree between the two.
Best overall ZIP Codes in Ohio
Ranked by the overall Rental Investor ZIP Score. The # is each ZIP Code's canonical OH state rank; the smaller figure is its national rank. Separate from the Ohio city table and not directly comparable to it.
| OH rank | ZIP Code | Overallgrade · national | Key metric |
|---|---|---|---|
| #1 | 43015Delaware | A 76#32 nat | 4.5%Survey yield |
| #2 | 43040Marysville | A 75#56 nat | 4.8%Survey yield |
| #3 | 45040Mason | A 73#155 nat | 4.9%Survey yield |
| #4 | 43026Hilliard | A 69#653 nat | 5.1%Survey yield |
| #5 | 45005Franklin | A 69#724 nat | 5.5%Survey yield |
| #6 | 43035Columbus | A 68#867 nat | 4.2%Survey yield |
| #7 | 43130Lancaster | A 68#889 nat | 5.8%Survey yield |
| #8 | 43055Newark | A 67#992 nat | 5.7%Survey yield |
| #9 | 43228Columbus | A 67#1,009 nat | 6.7%Survey yield |
| #10 | 43207Columbus | A 67#1,093 nat | 7.7%Survey yield |
| #11 | 43065Powell | A 67#1,121 nat | 4.5%Survey yield |
| #11 | 43074Sunbury | A 67#1,121 nat | 4.6%Survey yield |
Top affordability ZIP Codes in Ohio
State-scoped leaders on the affordability subscore only (national rank shown is within that subscore’s data-eligible universe). Substantially an inverse housing-cost signal: a component of the overall score, not a predicted return.
| # | ZIP Code | Affordability | Key metric |
|---|---|---|---|
| 1 | 43716Wilson | 78#1,589 nat | 8.2%Survey yield |
| 2 | 44887Tiro | 77#1,707 nat | 11.7%Survey yield |
| 3 | 45225Cincinnati | 77#1,752 nat | 8.9%Survey yield |
| 4 | 43157Thurston | 73#2,373 nat | 8.8%Survey yield |
| 5 | 43977Flushing | 71#2,732 nat | 8.5%Survey yield |
| 6 | 45389Christiansburg | 71#2,755 nat | 9.2%Survey yield |
| 7 | 43917Dillonvale | 71#2,780 nat | 10.7%Survey yield |
| 8 | 45321Eldorado | 71#2,818 nat | 8.1%Survey yield |
| 9 | 43723Byesville | 70#2,960 nat | 9.4%Survey yield |
| 10 | 44815Bettsville | 70#2,960 nat | 7.5%Survey yield |
| 11 | 43359Wharton | 70#2,987 nat | 5.3%Survey yield |
| 12 | 45657Otway | 70#3,008 nat | 8.4%Survey yield |
Deepest rental-market ZIP Codes in Ohio
State-scoped leaders on the rental-market-context subscore only (national rank shown is within that subscore’s data-eligible universe). Rental depth/tightness: a separate component, never combined here with affordability.
| # | ZIP Code | Rental market | Key metric |
|---|---|---|---|
| 1 | 43222Columbus | 84#37 nat | 4.2%Survey yield |
| 2 | 44307Akron | 83#43 nat | 11.4%Survey yield |
| 3 | 44306Akron | 83#62 nat | 13.3%Survey yield |
| 4 | 45203Cincinnati | 83#65 nat | 2.4%Survey yield |
| 5 | 44652Middlebranch | 83#70 nat | 3.9%Survey yield |
| 6 | 44703Canton | 83#70 nat | 12.0%Survey yield |
| 7 | 44302Akron | 82#98 nat | 7.3%Survey yield |
| 8 | 45404Dayton | 82#118 nat | 12.2%Survey yield |
| 9 | 44506Youngstown | 81#144 nat | 36.6%Survey yield |
| 10 | 43206Columbus | 81#194 nat | 5.2%Survey yield |
| 11 | 43229Columbus | 80#221 nat | 6.0%Survey yield |
| 12 | 44127Cleveland | 80#231 nat | 16.9%Survey yield |