Market data
US metro rent & home price data
What the federal government publishes about 100 US metros — median rent and home value from the Census, Fair Market Rents by bedroom from HUD, and the repeat-sales price trend from FHFA. Each page names its release and shows every formula, so you can check the arithmetic yourself.
For reference, the US medians are $1,413/mo gross rent and $332,700 home value (Census ACS 2024 5-year estimates).
These pages don't publish cap rates. No federal source publishes metro-level operating expenses, so a cap rate built from median rent and median home value would be a fabricated number wearing a citation. Market medians tell you where to look; the calculators run the deal-level math on a property's own numbers.
AL
AR
AZ
CA
- Bakersfield-Delano, CA$1,300/mo · $338,300
- Fresno, CA$1,392/mo · $389,400
- Modesto, CA$1,623/mo · $450,100
- Oxnard-Thousand Oaks-Ventura, CA$2,317/mo · $822,700
- Riverside-San Bernardino-Ontario, CA$1,846/mo · $536,300
- Sacramento-Roseville-Folsom, CA$1,819/mo · $589,500
- San Diego-Chula Vista-Carlsbad, CA$2,246/mo · $854,700
- San Jose-Sunnyvale-Santa Clara, CA$2,840/mo · $1,447,800
- Santa Rosa-Petaluma, CA$2,158/mo · $815,500
- Stockton-Lodi, CA$1,734/mo · $530,700
- Visalia, CA$1,280/mo · $330,100
CO
CT
FL
- Cape Coral-Fort Myers, FL$1,712/mo · $362,200
- Deltona-Daytona Beach-Ormond Beach, FL$1,500/mo · $324,300
- Jacksonville, FL$1,513/mo · $343,400
- Lakeland-Winter Haven, FL$1,363/mo · $266,500
- North Port-Bradenton-Sarasota, FL$1,747/mo · $402,200
- Orlando-Kissimmee-Sanford, FL$1,760/mo · $369,800
- Palm Bay-Melbourne-Titusville, FL$1,556/mo · $339,600
- Pensacola-Ferry Pass-Brent, FL$1,354/mo · $286,000
- Port St. Lucie, FL$1,580/mo · $364,900
GA-SC
HI
IA
ID
IN
KS
KY
KY-IN
LA
MA
MD
MI
MN-WI
MO
MO-IL
MO-KS
MS
NC
NC-SC
NE-IA
NM
NV
NY
OH
OH-KY-IN
OK
OR-WA
PA
PA-NJ
RI-MA
SC
TN
TN-GA
TN-MS-AR
TX
UT
VA
VA-NC
WA
WI
Related tools
Net operating income as a percentage of purchase price — the standard first-pass measure of what a rental earns before financing, with every step shown.
Open tool →Rental Cash Flow CalculatorThe full monthly pro-forma — gross rent through vacancy, operating expenses, and the mortgage to the cash in your pocket, monthly and annual, with every line shown.
Open tool →Cash-on-Cash Return CalculatorAnnual pre-tax cash flow after the mortgage, as a percentage of the cash you actually invested — cap rate's levered counterpart.
Open tool →Mortgage Payment CalculatorMonthly principal & interest from price, rate, and term — plus taxes, insurance, and HOA — with the amortization formula shown.
Open tool →Frequently asked questions
How were these 100 metros chosen?
They're the largest by Census population among the 354 US metros with complete data across all three sources — ACS, HUD Fair Market Rents, and the FHFA price index. A metro missing coverage in any one source is left out rather than shown with a gap.
Why isn't there a cap rate on these pages?
A cap rate needs net operating income, and no federal source publishes metro-level operating expenses. Dividing median rent by median home value would produce a gross yield that looks like a cap rate and is wrong by whatever the local expense load actually is. Run a real cap rate on an actual property, with its own numbers, in the calculators linked below.
Which data sources feed these pages?
Three federal releases, each named on the page it feeds: median rent, home value, and household income from the Census ACS 2024 5-year estimates; Fair Market Rents by bedroom from HUD Fair Market Rents FY2026; and the house price trend from FHFA House Price Index (all-transactions, not seasonally adjusted). Every figure is reproduced as published, not modeled or estimated.
How often is this data refreshed?
On each source's own release cadence — Census ACS annually, HUD Fair Market Rents annually, and the FHFA price index quarterly — rather than a fixed calendar date. A metro that a source stops covering is removed from this list rather than left showing a stale figure.