%
CapRateCity
Free cap rate calculators for every US market
← All Rankings

25 Highest Cap Rate Cities in America (2026)

Cap rate measures a property's net operating income as a percentage of its purchase price — the higher the cap rate, the more income the property generates relative to what you pay. These 25 cities top our rankings for estimated cap rates based on current median prices, rents, taxes, and vacancy data.

1
Flint, MI7.0% cap rate
$85K median$720/mo rent7.0% cap rate-0.5% growth
2
Youngstown, OH5.9% cap rate
$95K median$720/mo rent5.9% cap rate-0.5% growth
3
Charleston, WV5.9% cap rate
$135K median$880/mo rent5.9% cap rate-0.4% growth
4
Canton, OH5.8% cap rate
$115K median$850/mo rent5.8% cap rate-0.3% growth
5
Jackson, MS5.8% cap rate
$140K median$920/mo rent5.8% cap rate-0.2% growth
6
Mobile, AL5.8% cap rate
$155K median$980/mo rent5.8% cap rate0.1% growth
7
Dothan, AL5.7% cap rate
$165K median$1,020/mo rent5.7% cap rate0.3% growth
8
Binghamton, NY5.7% cap rate
$115K median$850/mo rent5.7% cap rate-0.3% growth
9
Montgomery, AL5.7% cap rate
$165K median$1,020/mo rent5.7% cap rate0.2% growth
10
Reading, PA5.7% cap rate
$145K median$1,020/mo rent5.7% cap rate0.1% growth
11
Hattiesburg, MS5.6% cap rate
$145K median$920/mo rent5.6% cap rate0.4% growth
12
Birmingham, AL5.5% cap rate
$185K median$1,120/mo rent5.5% cap rate0.3% growth
13
South Bend, IN5.4% cap rate
$155K median$980/mo rent5.4% cap rate0.3% growth
14
Shreveport, LA5.4% cap rate
$155K median$950/mo rent5.4% cap rate-0.3% growth
15
Gulfport, MS5.4% cap rate
$165K median$1,020/mo rent5.4% cap rate0.5% growth
16
Scranton, PA5.3% cap rate
$145K median$980/mo rent5.3% cap rate-0.2% growth
17
Macon, GA5.3% cap rate
$155K median$980/mo rent5.3% cap rate0.2% growth
18
Evansville, IN5.3% cap rate
$155K median$950/mo rent5.3% cap rate0.2% growth
19
Fort Smith, AR5.2% cap rate
$155K median$920/mo rent5.2% cap rate0.3% growth
20
Dayton, OH5.2% cap rate
$140K median$960/mo rent5.2% cap rate-0.1% growth
21
Tuscaloosa, AL5.2% cap rate
$195K median$1,120/mo rent5.2% cap rate0.8% growth
22
Jackson, TN5.2% cap rate
$185K median$1,080/mo rent5.2% cap rate0.4% growth
23
Harrisburg, PA5.2% cap rate
$155K median$1,020/mo rent5.2% cap rate0.1% growth
24
Columbus, GA5.2% cap rate
$175K median$1,080/mo rent5.2% cap rate0.4% growth
25
Akron, OH5.2% cap rate
$145K median$980/mo rent5.2% cap rate-0.2% growth
The CapRateCity Report
Weekly market analysis: highest cap rate cities, emerging markets, and deal breakdowns. Free, no spam.