Real Estate Investing in Ohio — 2026

We track 6 markets in Ohio with detailed investment metrics. Most cities here score highest for brrrr investing.

Last updated: May 2026

Avg Cap Rate

8.3%

Avg Home Price

$137,167

Avg Rent

$1,092/mo

Avg Vacancy

8.3%

Ohio Investment Markets

CityCap RateMedian PriceRentGrowthBest Strategy
Cleveland9.8%$105,000$1,100-2.1%BRRRR
Toledo9.0%$88,000$850-3.2%BRRRR
Dayton8.8%$95,000$900-1.8%BRRRR
Akron8.6%$100,000$950-2.0%House Hacking
Cincinnati7.0%$195,000$1,300+0.8%House Hacking
Columbus6.8%$240,000$1,450+7.5%House Hacking

Best Strategy for Ohio

Based on our analysis, the dominant strategy across Ohio markets is BRRRR investing. 3/6 cities in the state score highest for this approach. Markets ranked by BRRRR viability — factoring in affordable entry prices, cap rates, population growth, and rent-to-price ratio.

View BRRRR Rankings

Frequently Asked Questions

How many real estate investment markets do you track in Ohio?

We track 6 markets in Ohio: Cleveland, Toledo, Dayton, Akron, Cincinnati, Columbus. Each market is analyzed across 10+ metrics including cap rates, rent-to-price ratios, vacancy rates, and population growth.

What is the average cap rate in Ohio?

The average cap rate across our tracked Ohio markets is 8.3%. Cleveland has the highest cap rate at 9.8%. Average median home price is $137,167.

Is Ohio good for real estate investing?

Ohio offers diverse investment opportunities across multiple markets. The average vacancy rate is 8.3% and average property tax rate is 2.03%. Population trends vary by market — focus on cities with strong local economies.

Which city in Ohio has the best cap rate?

Cleveland, OH has the highest average cap rate in Ohio at 9.8%, with a median home price of $105,000 and median rent of $1,100.

Analyze Deals in Ohio

Use our free calculators to run the numbers on specific properties.