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Youngstown vs Canton for Rental Property Investing

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

Canton wins 4–3 across key metrics
Youngstown leads on cash flow (5.92% vs 5.82% cap rate) · Canton leads on population growth
Metric
Youngstown, OH
Canton, OH
Est. Cap Rate
5.92%
5.82%
Median Home Price
$95,000
$115,000
Median Monthly Rent
$720
$850
1% Rule
0.76%
0.74%
GRM
11.0x
11.3x
Price / Income
3.1x
3.4x
Property Tax Rate
1.6%
1.58%
Vacancy Rate
8.5%
7.5%
Population Growth
-0.5% / yr
-0.3% / yr
Annual Appreciation
1.5%
1.8%
Population
62,000
70,000
Median Income
$30,800
$34,200

Youngstown vs Canton: Which Is Better for Investors?

Cash flow: Youngstown has the edge with an estimated cap rate of 5.92% compared to Canton's 5.82%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $95,000 in Youngstown vs $115,000 in Canton, while rents come in at $720/mo and $850/mo respectively.

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.

Bottom line: Canton edges out Youngstown on most key metrics. With a 5.82% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Youngstown or Canton.

Youngstown, OH
5.92% cap rate · $95,000 median · $720/mo
Full analysis →
Canton, OH
5.82% cap rate · $115,000 median · $850/mo
Full analysis →
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