Side-by-side comparison of Youngstown, OH and Canton, OH — cap rates, rent, prices, and investment metrics.
Cash flow: Youngstown has the edge with an estimated cap rate of 4.59% compared to Canton's 3.20%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $165,000 in Youngstown vs $205,000 in Canton, while rents come in at $1,050/mo and $1,030/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: Canton is growing faster at -0.3% annually, while Youngstown is losing population. Canton leads on home value appreciation at 1.8% per year.
Costs & risk: Property taxes are 1.6% in Youngstown vs 1.58% in Canton. Vacancy rates of 8.5% and 7.5% are both elevated, warranting conservative cash flow projections.
Entry point: Youngstown offers a lower entry at $165K vs Canton's $205K — a difference of $40K. With a 20% down payment, that's $33K vs $41K. Youngstown combines the lower price with a higher cap rate — a compelling combination.
Bottom line: Canton edges out Youngstown on most key metrics. While cap rates are moderate at 3.20%, Canton's overall profile is stronger. Use our free calculators to model specific deals in Youngstown or Canton.