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MarketsOhioSidneyRent Analysis

Rent Analysis: Sidney, OH

Updated 2026 · Based on median market data for Sidney, OH

Cap Rate
3.77%
Median Price
$235K
Rent/Mo
$1,290
1% Rule
0.55%
Fails

Rent Overview

The median monthly rent in Sidney, OH is $1,290, translating to $15,480 in annual gross rental income per unit. The rent-to-price ratio is 0.55% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Sidney spend approximately 32% of the local median household income ($47,711) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.

Vacancy & Tenant Demand

The vacancy rate in Sidney is 6.7%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.2% annually provides stable demand.

Gross Rent Multiplier

Sidney's GRM (price divided by annual rent) is 15.2x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $1,290/mo, a single-family rental in Sidney generates approximately $15,480 in gross annual income. After accounting for 6.7% vacancy ($1,037 lost), property taxes of $3,713, insurance (~$940), and maintenance (~$940), the estimated NOI is $8,850 per year, or $737/mo.

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How Sidney Compares

Sidney vs Ohio state average and national average across key investment metrics. Sidney's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Sidney
Ohio Avg
National Avg
Cap Rate
3.77%
3.65%
3.81%
Median Price
$235K
$218K
$333K
Median Rent
$1,290
$1,149
$1,524
Property Tax
1.58%
1.58%
1.08%
Vacancy
6.7%
6.7%
5.6%
Pop. Growth
0.2%/yr
0.2%/yr
0.9%/yr

Nearby Midwest Markets

City
Cap Rate
Price
Rent
Tax
Sidney, OH
3.8%
$235K
$1,290
1.58%
Cedar Rapids, IA
3.1%
$235K
$1,120
1.48%
Ashland, OH
1.9%
$235K
$890
1.58%
Fremont, NE
2.9%
$235K
$1,090
1.62%
Hays, KS
2.1%
$235K
$890
1.38%

Frequently Asked Questions

What is the average rent in Sidney, OH?
The median monthly rent in Sidney is $1,290, or $15,480 per year. This is 15% below the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Sidney a good rental market for landlords?
With a rent-to-price ratio of 0.55%, Sidney falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 6.7% vacancy rate is moderate.
How does Sidney rent compare to Ohio averages?
Sidney's median rent of $1,290/mo is 12% above the Ohio average of $1,149/mo. Home prices at $235K are above the state average of $218K, giving Sidney a rent-to-price ratio of 0.55% vs 0.53% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Sidney's ratio is 0.55%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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Explore Sidney & Related Markets

More Sidney Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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