Updated 2026 · Based on median market data for Youngstown, OH
The median monthly rent in Youngstown, OH is $720, translating to $8,640 in annual gross rental income per unit. The rent-to-price ratio is 0.76% — below the 1% rule but within a range where deals can work with good financing.
Renters in Youngstown spend approximately 28% of the local median household income ($30,800) on rent. This is within the healthy 25-30% range, indicating rent is affordable relative to local incomes. There may be room for moderate rent increases, especially for updated or well-located units.
The vacancy rate in Youngstown is 8.5%. This is above the national average and warrants careful tenant screening and marketing. Budget for longer vacancy periods between tenants and consider offering competitive amenities or pricing to reduce turnover. Population growth of -0.5% annually means demand is flat to declining — focus on properties in the strongest neighborhoods.
Youngstown's GRM (price divided by annual rent) is 11.0x. A GRM under 12x is excellent — it means you're paying less than 12 years of gross rent for the property, suggesting strong income relative to price. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $720/mo, a single-family rental in Youngstown generates approximately $8,640 in gross annual income. After accounting for 8.5% vacancy ($734 lost), property taxes of $1,520, insurance (~$380), and maintenance (~$380), the estimated NOI is $5,626 per year, or $469/mo.