Sub-$100K markets are rare and come with both opportunity and risk. The cap rates can be extraordinary, but due diligence is critical — check population trends, employment base, and neighborhood-level data before committing. Here are the cities in our database that fall below this threshold.
These 1 cities represent the top-performing markets based on cap rate. Danville, IL leads the ranking with 7.2% cap rate at a $95K median price.
Across this ranking, the average cap rate is 7.24% (vs 3.81% nationally), average prices are $95K (vs $333K nationally), and average rents are $850/mo. Prices in this ranking are 72% below the national average — lower barriers to entry for new investors.
Geographic distribution: the Midwest (1 cities). The Midwest dominates this ranking — investors in other regions may need to look at out-of-state investing.