The best markets to invest in rental properties

TRD New York /
Jun.June 09, 2017 06:25 PM

The best rental cities for investors are all in the chilly Midwest. According to RentRange, a provider of market data and analytics for the housing industry, the top three markets during the first quarter of 2017 were districts in Detroit, Cleveland and Milwaukee. “While many markets may have high yields, they may have quite different rent growth percentages and vacancy rates,” said Dennis Cisterna, RentRange Data Services chief revenue officer. “A strong market would generally have a combination of high yields, low vacancies and high rent growth.” []

Related Articles

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork’s side businesses are fizzling

SoftBank looks to take over WeWork, NYC investigates WeLive: Daily digest

Crowdfunding: Crowded out?

The Real Deal’s E.B. Solomont receives Front Page Award

SoftBank’s problem solver faces his biggest challenge yet: WeWork

Opendoor not looking to replace all agents — just some: CEO