Home ยท Gross rent yield
Mississippi leads at 6.74% gross rent yield, from a median gross rent of $954 and a median home value of $169,800. Census median rent relative to Census median home value, ranked for long-term landlords.
| 1 | Mississippi | $954 | $8 | $169,800 | $1,198 | 6.74% | 82 |
| 2 | West Virginia | $872 | $8 | $162,600 | $1,346 | 6.44% | 55 |
| 3 | Oklahoma | $1,014 | $6 | $199,800 | $1,121 | 6.09% | 77 |
| 4 | Arkansas | $947 | $6 | $188,000 | $1,754 | 6.04% | 75 |
| 5 | Texas | $1,403 | $4 | $283,800 | $738 | 5.93% | 247 |
| 6 | Louisiana | $1,064 | $8 | $216,500 | $1,367 | 5.90% | 64 |
| 7 | Kansas | $1,060 | $7 | $217,200 | $1,343 | 5.86% | 105 |
| 8 | Michigan | $1,129 | $4 | $231,600 | $642 | 5.85% | 83 |
| 9 | Indiana | $1,062 | $5 | $218,200 | $739 | 5.84% | 92 |
| 10 | Illinois | $1,274 | $5 | $263,300 | $797 | 5.81% | 102 |
| 11 | Ohio | $1,034 | $5 | $214,800 | $742 | 5.78% | 88 |
| 12 | Alabama | $1,007 | $8 | $209,900 | $1,076 | 5.76% | 67 |
| 13 | Pennsylvania | $1,209 | $5 | $254,500 | $767 | 5.70% | 67 |
| 14 | Kentucky | $967 | $5 | $205,600 | $1,096 | 5.64% | 120 |
| 15 | Iowa | $972 | $6 | $208,000 | $1,141 | 5.61% | 99 |
| 16 | Florida | $1,669 | $5 | $359,000 | $930 | 5.58% | 67 |
| 17 | Georgia | $1,393 | $6 | $303,300 | $1,171 | 5.51% | 159 |
| 18 | South Carolina | $1,180 | $9 | $259,000 | $1,421 | 5.47% | 46 |
| 19 | Nebraska | $1,072 | $8 | $238,600 | $1,365 | 5.39% | 93 |
| 20 | Missouri | $1,033 | $6 | $230,300 | $880 | 5.38% | 115 |
| 21 | New Mexico | $1,067 | $11 | $248,100 | $1,957 | 5.16% | 33 |
| 22 | North Carolina | $1,228 | $5 | $288,900 | $1,086 | 5.10% | 100 |
| 23 | Tennessee | $1,189 | $7 | $286,700 | $1,492 | 4.98% | 95 |
| 24 | Virginia | $1,579 | $8 | $383,700 | $1,024 | 4.94% | 133 |
| 25 | Wisconsin | $1,087 | $4 | $266,500 | $1,051 | 4.89% | 72 |
| 26 | Maryland | $1,705 | $8 | $419,900 | $1,385 | 4.87% | 24 |
| 27 | Connecticut | $1,488 | $10 | $366,900 | $1,621 | 4.87% | 9 |
| 28 | Alaska | $1,419 | $23 | $352,900 | $3,735 | 4.83% | 30 |
| 29 | Delaware | $1,401 | $16 | $352,000 | $2,842 | 4.78% | 3 |
| 30 | Arizona | $1,543 | $7 | $394,500 | $1,474 | 4.69% | 15 |
| 31 | Vermont | $1,234 | $18 | $316,600 | $3,361 | 4.68% | 14 |
| 32 | Minnesota | $1,280 | $7 | $329,300 | $903 | 4.66% | 87 |
| 33 | Maine | $1,139 | $13 | $296,600 | $2,876 | 4.61% | 16 |
| 34 | New York | $1,621 | $7 | $423,800 | $1,627 | 4.59% | 62 |
| 35 | North Dakota | $954 | $11 | $249,900 | $2,909 | 4.58% | 53 |
| 36 | New Jersey | $1,720 | $7 | $454,400 | $1,150 | 4.54% | 21 |
| 37 | New Hampshire | $1,491 | $15 | $402,500 | $2,808 | 4.45% | 10 |
| 38 | South Dakota | $946 | $11 | $257,400 | $3,051 | 4.41% | 66 |
| 39 | Nevada | $1,597 | $11 | $435,400 | $1,611 | 4.40% | 17 |
| 40 | Rhode Island | $1,342 | $19 | $404,200 | $4,032 | 3.98% | 5 |
| 41 | Colorado | $1,761 | $7 | $539,400 | $2,069 | 3.92% | 64 |
| 42 | Wyoming | $992 | $17 | $309,700 | $3,824 | 3.84% | 23 |
| 43 | Oregon | $1,525 | $10 | $477,600 | $1,400 | 3.83% | 36 |
| 44 | Massachusetts | $1,762 | $9 | $562,100 | $2,169 | 3.76% | 14 |
| 45 | Washington | $1,760 | $7 | $564,600 | $1,940 | 3.74% | 39 |
| 46 | Utah | $1,496 | $9 | $489,400 | $1,629 | 3.67% | 29 |
| 47 | Idaho | $1,238 | $16 | $418,600 | $2,550 | 3.55% | 44 |
| 48 | Montana | $1,081 | $14 | $375,800 | $3,433 | 3.45% | 56 |
| 49 | California | $2,036 | $5 | $734,700 | $1,307 | 3.33% | 56 |
| 50 | District of Columbia | $1,954 | $26 | $737,100 | $10,625 | 3.18% | 1 |
| 51 | Hawaii | $1,971 | $23 | $839,100 | $5,924 | 2.82% | 4 |
Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.
Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.
Mississippi at 6.74%. Median gross rent is $954 (margin of error $8). Median home value is $169,800 (margin of error $1,198).
5.10%. Median gross rent is $1,413 (margin of error $2). Median home value is $332,700 (margin of error $236).
Median gross rent times 12, divided by median home value. For Mississippi, ($954 times 12) divided by $169,800 is 6.74%.