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Salem vs Sidney for Rental Property Investing

Side-by-side comparison of Salem, OH and Sidney, OH — cap rates, rent, prices, and investment metrics.

Salem wins 3–0 across key metrics
Salem leads on cash flow (5.35% vs 3.77% cap rate)
Metric
Salem, OH
Sidney, OH
Est. Cap Rate
5.35%
3.77%
Median Home Price
$155,000
$235,000
Median Monthly Rent
$1,070
$1,290
1% Rule
0.69%
0.55%
GRM
12.1x
15.2x
Price / Income
3.2x
4.9x
Property Tax Rate
1.58%
1.58%
Vacancy Rate
6.7%
6.7%
Population Growth
0.2% / yr
0.2% / yr
Annual Appreciation
2.2%
2.2%
Population
50,000
50,000
Median Income
$47,711
$47,711

Salem vs Sidney: Which Is Better for Investors?

Cash flow: Salem has the edge with an estimated cap rate of 5.35% compared to Sidney's 3.77%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $155,000 in Salem vs $235,000 in Sidney, while rents come in at $1,070/mo and $1,290/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Salem is growing faster at 0.2% annually vs Sidney's 0.2%. Salem leads on home value appreciation at 2.2% per year.

Costs & risk: Property taxes are 1.58% in Salem vs 1.58% in Sidney. Vacancy rates of 6.7% and 6.7% are mixed — Sidney has the tighter rental market.

Entry point: Salem offers a lower entry at $155K vs Sidney's $235K — a difference of $80K. With a 20% down payment, that's $31K vs $47K. Salem combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Salem edges out Sidney on most key metrics. With a 5.35% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Salem or Sidney.

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Salem, OH
5.35% cap rate · $155,000 median · $1,070/mo
Full analysis →
Sidney, OH
3.77% cap rate · $235,000 median · $1,290/mo
Full analysis →

Frequently Asked Questions

Is Salem or Sidney better for rental investing?
Salem wins 3–0 across our 7 key metrics (cap rate, 1% rule, GRM, taxes, vacancy, growth, appreciation). Salem's 5.35% cap rate and $155K median price offer both higher returns and a lower entry point.
What is the cap rate difference between Salem and Sidney?
Salem has a 5.35% cap rate vs Sidney's 3.77% — a difference of 1.58 percentage points. This is a significant gap that meaningfully impacts cash flow. For context, the national average is 3.81%.
Which city has lower property taxes?
Sidney has lower property taxes at 1.58% vs 1.58%. On a $195K property, that's a difference of approximately $1,264/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Salem is growing at 0.2% annually vs Sidney's 0.2%. Both cities have slow growth — focus on the strongest neighborhoods. Salem's appreciation rate of 2.2% also leads on home value growth.

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