46 major US metros ranked by gross rental yield: the median final asking rent for a 3 bedroom single family home, annualized, divided by the median closed sale price we tracked in the same city. Built from 45,242 rental listings that left the market, labelled as such, not a signed rent.
Data updated 2026-10-03| Rank | Metro | Median Sold | Median Rent (3BR SFH) | Listing sample | Gross Yield | Price to Rent |
|---|---|---|---|---|---|---|
| 1 | Detroit, MI | $88,000 | $1,350 final ask | 1,705 | 18.4% | 5.4 |
| 2 | Cleveland, OH | $121,000 | $1,550 final ask | 1,642 | 15.4% | 6.5 |
| 3 | Baltimore, MD | $203,000 | $2,200 final ask | 351 | 13.0% | 7.7 |
| 4 | Memphis, TN | $150,000 | $1,350 final ask | 2,347 | 10.8% | 9.3 |
| 5 | Milwaukee, WI | $218,000 | $1,825 final ask | 342 | 10.1% | 10.0 |
| 6 | Pittsburgh, PA | $248,350 | $1,803 final ask | 753 | 8.7% | 11.5 |
| 7 | Philadelphia, PA | $256,000 | $1,850 final ask | 889 | 8.7% | 11.5 |
| 8 | Columbus, OH | $259,700 | $1,850 final ask | 1,035 | 8.6% | 11.7 |
| 9 | Indianapolis, IN | $250,000 | $1,750 final ask | 1,364 | 8.4% | 11.9 |
| 10 | Minneapolis, MN | $358,000 | $2,452 final ask | 316 | 8.2% | 12.2 |
| 11 | St. Petersburg, FL | $410,000 | $2,750 final ask | 999 | 8.1% | 12.4 |
| 12 | San Antonio, TX* | $264,999 | $1,750 final ask | 2,356 | 7.9% | 12.6 |
| 13 | Fort Lauderdale, FL | $585,000 | $3,700 final ask | 949 | 7.6% | 13.2 |
| 14 | Fort Worth, TX* | $329,999 | $2,078 final ask | 1,146 | 7.6% | 13.2 |
| 15 | Fresno, CA | $395,000 | $2,450 final ask | 401 | 7.4% | 13.4 |
| 16 | Houston, TX* | $365,000 | $2,250 final ask | 1,936 | 7.4% | 13.5 |
| 17 | Charleston, SC | $614,000 | $3,775 final ask | 261 | 7.4% | 13.6 |
| 18 | Chicago, IL | $409,000 | $2,500 final ask | 430 | 7.3% | 13.6 |
| 19 | Jacksonville, FL | $290,000 | $1,735 final ask | 1,934 | 7.2% | 13.9 |
| 20 | Orlando, FL | $400,000 | $2,350 final ask | 1,733 | 7.0% | 14.2 |
| 21 | Stockton, CA | $426,000 | $2,500 final ask | 145 | 7.0% | 14.2 |
| 22 | Tampa, FL | $440,000 | $2,500 final ask | 1,471 | 6.8% | 14.7 |
| 23 | Phoenix, AZ | $410,425 | $2,322 final ask | 1,360 | 6.8% | 14.7 |
| 24 | Portland, OR | $517,132 | $2,875 final ask | 451 | 6.7% | 15.0 |
| 25 | Bakersfield, CA | $415,000 | $2,300 final ask | 469 | 6.7% | 15.0 |
| 26 | Oakland, CA | $775,000 | $4,195 final ask | 105 | 6.5% | 15.4 |
| 27 | Sacramento, CA | $499,999 | $2,695 final ask | 566 | 6.5% | 15.5 |
| 28 | Miami, FL | $650,000 | $3,500 final ask | 2,686 | 6.5% | 15.5 |
| 29 | Atlanta, GA | $425,000 | $2,250 final ask | 1,270 | 6.3% | 15.7 |
| 30 | Kansas City, MO | $304,950 | $1,600 final ask | 734 | 6.3% | 15.9 |
| 31 | Denver, CO | $610,000 | $3,150 final ask | 742 | 6.2% | 16.1 |
| 32 | Dallas, TX* | $485,000 | $2,499 final ask | 781 | 6.2% | 16.2 |
| 33 | Nashville, TN | $525,000 | $2,700 final ask | 730 | 6.2% | 16.2 |
| 34 | Los Angeles, CA | $1,090,000 | $5,595 final ask | 2,115 | 6.2% | 16.2 |
| 35 | Las Vegas, NV | $435,000 | $2,200 final ask | 3,032 | 6.1% | 16.5 |
| 36 | Charlotte, NC | $420,000 | $2,085 final ask | 1,303 | 6.0% | 16.8 |
| 37 | Austin, TX* | $525,000 | $2,600 final ask | 737 | 5.9% | 16.8 |
| 38 | Riverside, CA | $645,000 | $3,150 final ask | 279 | 5.9% | 17.1 |
| 39 | Raleigh, NC | $422,000 | $2,049 final ask | 823 | 5.8% | 17.2 |
| 40 | San Diego, CA | $943,500 | $4,500 final ask | 904 | 5.7% | 17.5 |
| 41 | Long Beach, CA | $877,500 | $4,140 final ask | 222 | 5.7% | 17.7 |
| 42 | New York City, NY | $860,000 | $4,000 final ask | 480 | 5.6% | 17.9 |
| 43 | Seattle, WA | $850,000 | $3,900 final ask | 351 | 5.5% | 18.2 |
| 44 | Anaheim, CA | $930,000 | $4,200 final ask | 151 | 5.4% | 18.5 |
| 45 | San Francisco, CA | $1,648,500 | $5,950 final ask | 132 | 4.3% | 23.1 |
| 46 | San Jose, CA | $1,305,000 | $4,400 final ask | 314 | 4.0% | 24.7 |
Click any column header to sort. * Texas is a non-disclosure state: sold medians for Texas metros reflect closings Resideline tracked directly, not a public record total.
Rent data. Every rent figure on this page is a final asking rent: the last rent asked on a rental listing that Resideline tracked from listing through to leaving the market, within the last 24 months. These are outcomes, not advertised asking prices. Each metro required at least 100 final-ask observations for 3 bedroom single family homes to be included; samples range from 105 to 3,032 leases per metro (45,242 total). If a metro had ever fallen below that bar we would have fallen back to asking rents and labeled those rows clearly; in the current dataset every listed metro met the final-ask rent bar.
Sold price data. The sold median is the median price of closed sales Resideline tracked in each city over the last 6 months. It is a sample of the market we track, not a county record total. Texas is a non-disclosure state, so Texas sold medians come only from closings we tracked directly.
The math. Gross yield = (median monthly rent x 12) / median sold price. Price to rent = median sold price / (median monthly rent x 12). That is the entire calculation.
One structural caveat. The rent median is specific to 3 bedroom single family homes, while the sold median covers all closed sales we tracked in the city. In metros where the overall sold mix skews cheaper than a typical 3 bedroom house (Detroit is the clearest example), the gross yield shown will run higher than what a 3 bedroom house purchase would produce. Always underwrite the specific property.
Metros we track that fell short of the 100 observation minimum and are not ranked: Boston, MA (25 rent observations). Another 2,342 cities we track have no qualifying 3 bedroom house rent observations yet, so they are not ranked.
Resideline turns this same data into property level reports: value estimate, rent estimate with a confidence grade, comps, and a deal analyzer. Your first 3 reports are free.
Get 3 free property reports