Gross annual yield

The US Cities with the Highest Gross Rent Yields in 2026

Pure cash-flow markets — where the rent-to-price ratio gives landlords meaningful cushion at 2026 debt costs.

DATA · ZILLOW REGIONAL ROLLUPS · 12 CITIES

  1. 01
    Detroit, MI
    $1,338/mo rent on $76k median value
    20.99%
    GROSS ANNUAL YIELD
    MEDIAN $76k
    YoY -3.9%
    RENT $1,338/mo
    YIELD 20.99%
  2. 02
    Jackson, MS
    $1,255/mo rent on $88k median value
    17.10%
    GROSS ANNUAL YIELD
    MEDIAN $88k
    YoY -0.7%
    RENT $1,255/mo
    YIELD 17.10%
  3. 03
    Cleveland, OH
    $1,425/mo rent on $118k median value
    14.53%
    GROSS ANNUAL YIELD
    MEDIAN $118k
    YoY -2.1%
    RENT $1,425/mo
    YIELD 14.53%
  4. 04
    Birmingham, AL
    $1,303/mo rent on $137k median value
    11.39%
    GROSS ANNUAL YIELD
    MEDIAN $137k
    YoY -2.1%
    RENT $1,303/mo
    YIELD 11.39%
  5. 05
    Baltimore, MD
    $1,760/mo rent on $192k median value
    11.02%
    GROSS ANNUAL YIELD
    MEDIAN $192k
    YoY -1.3%
    RENT $1,760/mo
    YIELD 11.02%
  6. 06
    Dayton, OH
    $1,199/mo rent on $139k median value
    10.36%
    GROSS ANNUAL YIELD
    MEDIAN $139k
    YoY +1.3%
    RENT $1,199/mo
    YIELD 10.36%
  7. 07
    Toledo, OH
    $1,122/mo rent on $130k median value
    10.35%
    GROSS ANNUAL YIELD
    MEDIAN $130k
    YoY +5.1%
    RENT $1,122/mo
    YIELD 10.35%
  8. 08
    Memphis, TN
    $1,256/mo rent on $147k median value
    10.23%
    GROSS ANNUAL YIELD
    MEDIAN $147k
    YoY -3.2%
    RENT $1,256/mo
    YIELD 10.23%
  9. 09
    Akron, OH
    $1,135/mo rent on $141k median value
    9.70%
    GROSS ANNUAL YIELD
    MEDIAN $141k
    YoY +2.5%
    RENT $1,135/mo
    YIELD 9.70%
  10. 10
    Hartford, CT
    $1,596/mo rent on $199k median value
    9.61%
    GROSS ANNUAL YIELD
    MEDIAN $199k
    YoY +4.6%
    RENT $1,596/mo
    YIELD 9.61%
  11. 11
    Philadelphia, PA
    $1,797/mo rent on $234k median value
    9.22%
    GROSS ANNUAL YIELD
    MEDIAN $234k
    YoY +1.5%
    RENT $1,797/mo
    YIELD 9.22%
  12. 12
    St. Louis, MO
    $1,379/mo rent on $186k median value
    8.88%
    GROSS ANNUAL YIELD
    MEDIAN $186k
    YoY +0.2%
    RENT $1,379/mo
    YIELD 8.88%
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Methodology

How the ranking is computed.

Pure ranking by gross annual rent yield = (ZORI × 12) / ZHVI. National baseline is roughly 4-5%; markets above 6% have meaningful cushion for BRRRR and long-term rentals at 7-8% debt costs.

FAQ

Frequently asked.

What is a good rent yield in 2026?

Above 6% gross gives BRRRR room to pencil at typical debt costs. 5-6% is workable but tight. Below 4% generally cannot cash-flow on standard 75% LTV financing — those markets require either cash purchases or appreciation-driven strategies.

Why are these often "C-class" markets?

High gross yield typically correlates with lower appreciation, higher turnover, and tougher tenant management. The trade-off is real: cash flow now vs. capital appreciation later.

Should I just buy in the highest-yield market?

No. The math is necessary but not sufficient. Operational complexity, eviction laws, and your ability to manage at distance all matter. A 9% yield market you can't operate is worse than a 6% yield market you can.

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