Moderate rental yields in bigger United States cities
Last Updated: July 13, 2023 | |||
NEW YORK - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Manhattan | |||
Studio | $759,725 | $3,475 | 5.49% |
1-Bedroom | $1,225,000 | $4,300 | 4.21% |
2-Bedroom | $2,395,000 | $5,718 | 2.86% |
3-Bedroom | $4,500,000 | $6,794 | 1.81% |
4+Bedroom | $8,999,500 | $7,895 | 1.05% |
Queens | |||
Studio | $575,000 | $2,725 | 5.69% |
1-Bedroom | $650,000 | $2,450 | 4.52% |
2-Bedroom | $760,000 | $2,750 | 4.34% |
3-Bedroom | $848,500 | $3,000 | 4.24% |
4+Bedroom | $843,000 | $3,625 | 5.16% |
Brooklyn | |||
Studio | $615,000 | $2,925 | 5.71% |
1-Bedroom | $599,999 | $2,500 | 5.00% |
2-Bedroom | $899,000 | $2,952 | 3.94% |
3-Bedroom | $1,775,000 | $3,250 | 2.20% |
4+Bedroom | $4,282,500 | $4,500 | 1.26% |
Bronx | |||
1-Bedroom | $200,000 | $2,000 | 12.00% |
2-Bedroom | $297,000 | $2,500 | 10.10% |
3-Bedroom | $485,900 | $3,099 | 7.65% |
4+Bedroom | $1,780,000 | $3,950 | 2.66% |
Staten Island | |||
Studio | $200,000 | $1,500 | 9.00% |
1-Bedroom | $295,998 | $1,625 | 6.59% |
2-Bedroom | $439,000 | $2,200 | 6.01% |
3-Bedroom | $487,500 | $2,650 | 6.52% |
New York avg. Rental Yields | 5.13% | ||
CHICAGO - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Streeterville | |||
Studio | $215,000 | $2,100 | 11.72% |
1-Bedroom | $325,000 | $2,645 | 9.77% |
2-Bedroom | $590,450 | $4,228 | 8.59% |
3-Bedroom | $1,549,000 | $6,734 | 5.22% |
Lake View | |||
Studio | $147,450 | $1,295 | 10.54% |
1-Bedroom | $220,000 | $1,795 | 9.79% |
2-Bedroom | $399,000 | $2,597 | 7.81% |
3-Bedroom | $599,900 | $3,375 | 6.75% |
4+Bedroom | $1,025,000 | $4,298 | 5.03% |
Lake View | |||
1-Bedroom | $125,000 | $1,250 | 12.00% |
2-Bedroom | $159,900 | $1,475 | 11.07% |
3-Bedroom | $250,000 | $2,300 | 11.04% |
Chicago avg. Rental Yields | 9.11% | ||
MIAMI - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Miami Beach | |||
Studio | $345,000 | $1,950 | 6.78% |
1-Bedroom | $399,000 | $2,450 | 7.37% |
2-Bedroom | $870,000 | $4,343 | 5.99% |
3-Bedroom | $3,750,000 | $26,000 | 8.32% |
Brickell | |||
Studio | $412,500 | $2,582 | 7.51% |
1-Bedroom | $550,000 | $3,217 | 7.02% |
2-Bedroom | $875,000 | $4,663 | 6.39% |
3-Bedroom | $1,700,000 | $12,900 | 9.11% |
Miami avg. Rental Yields | 7.31% | ||
LOS ANGELES - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Downtown | |||
Studio | $538,000 | $2,326 | 5.19% |
1-Bedroom | $598,000 | $2,800 | 5.62% |
2-Bedroom | $950,000 | $3,730 | 4.71% |
3-Bedroom | $2,498,500 | $8,180 | 3.93% |
Los Angeles (all locations) | |||
Studio | $499,000 | $2,109 | 5.07% |
1-Bedroom | $557,000 | $2,660 | 5.73% |
2-Bedroom | $800,000 | $3,440 | 5.16% |
3-Bedroom | $950,000 | $4,335 | 5.48% |
4+Bedroom | $3,300,000 | $4,600 | 1.67% |
Los Angeles avg. Rental Yields | 4.73% | ||
LAS VEGAS - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Las Vegas (all locations) | |||
Studio | $319,888 | $1,225 | 4.60% |
1-Bedroom | $218,000 | $1,297 | 7.14% |
2-Bedroom | $260,000 | $1,468 | 6.78% |
3-Bedroom | $360,990 | $1,995 | 6.63% |
Las Vegas avg. Rental Yields | 6.29% | ||
ORLANDO - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Orlando (all locations) | |||
1-Bedroom | $155,450 | $1,785 | 13.78% |
2-Bedroom | $220,000 | $2,145 | 11.70% |
3-Bedroom | $319,900 | $2,587 | 9.70% |
Orlando avg. Rental Yields | 11.73% | ||
AUSTIN - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Austin (all locations) | |||
Studio | $399,500 | $1,460 | 4.39% |
1-Bedroom | $379,000 | $1,585 | 5.02% |
2-Bedroom | $469,000 | $1,975 | 5.05% |
3-Bedroom | $599,995 | $2,433 | 4.87% |
Austin avg. Rental Yields | 4.83% | ||
SAN DIEGO - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
San Diego (all locations) | |||
Studio | $424,450 | $2,397 | 6.78% |
1-Bedroom | $472,500 | $2,671 | 6.78% |
2-Bedroom | $699,000 | $3,451 | 5.92% |
3-Bedroom | $772,000 | $4,194 | 6.52% |
San Diego avg. Rental Yields | 6.50% | ||
WASHINGTON - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Columbia Heights | |||
Studio | $239,498 | $1,835 | 9.19% |
1-Bedroom | $399,900 | $2,373 | 7.12% |
2-Bedroom | $675,000 | $3,040 | 5.40% |
3-Bedroom | $850,000 | $4,000 | 5.65% |
Adams Morgan | |||
Studio | $209,750 | $1,804 | 10.32% |
1-Bedroom | $379,250 | $2,246 | 7.11% |
2-Bedroom | $794,450 | $3,595 | 5.43% |
Washington avg. Rental Yields | 7.17% | ||
BOSTON - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Boston (all locations) | |||
Studio | $477,000 | $2,250 | 5.66% |
1-Bedroom | $750,000 | $2,950 | 4.72% |
2-Bedroom | $999,000 | $3,383 | 4.06% |
3-Bedroom | $2,512,000 | $3,450 | 1.65% |
4+Bedroom | $2,269,000 | $4,750 | 2.51% |
Boston avg. Rental Yields | 3.72% | ||
HOUSTON - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Houston (all locations) | |||
1-Bedroom | $152,025 | $1,344 | 10.61% |
2-Bedroom | $236,500 | $1,705 | 8.65% |
3-Bedroom | $625,000 | $2,174 | 4.17% |
4+Bedroom | $1,550,000 | $1,960 | 1.52% |
Houston avg. Rental Yields | 6.24% | ||
PHILADELPHIA - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Old City | |||
1-Bedroom | $299,450 | $1,903 | 7.63% |
2-Bedroom | $590,000 | $2,815 | 5.73% |
3-Bedroom | $1,500,000 | $5,195 | 4.16% |
Philadelphia (all locations) | |||
Studio | $165,000 | $1,572 | 11.43% |
1-Bedroom | $285,000 | $1,689 | 7.11% |
2-Bedroom | $432,500 | $1,948 | 5.40% |
3-Bedroom | $827,500 | $2,100 | 3.05% |
4+Bedroom | $1,995,000 | $2,500 | 1.50% |
Philadelphia avg. Rental Yields | 5.75% | ||
ATLANTA - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Atlanta (all locations) | |||
Studio | $183,000 | $1,750 | 11.48% |
1-Bedroom | $284,000 | $1,855 | 7.84% |
2-Bedroom | $432,500 | $2,226 | 6.18% |
3-Bedroom | $768,444 | $3,079 | 4.81% |
Atlanta avg. Rental Yields | 7.57% | ||
SEATTLE - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Seattle (all locations) | |||
Studio | $444,925 | $1,495 | 4.03% |
1-Bedroom | $457,000 | $1,750 | 4.60% |
2-Bedroom | $699,888 | $2,560 | 4.39% |
3-Bedroom | $899,950 | $3,275 | 4.37% |
Seattle avg. Rental Yields | 4.35% | ||
SAN FRANCISCO - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
San Francisco (all locations) | |||
Studio | $489,000 | $2,350 | 5.77% |
1-Bedroom | $729,000 | $2,895 | 4.77% |
2-Bedroom | $1,249,500 | $3,950 | 3.79% |
3-Bedroom | $1,695,000 | $5,204 | 3.68% |
San Francisco avg. Rental Yields | 4.50% | ||
PORTLAND - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Portland (all locations) | |||
Studio | $184,500 | $1,257 | 8.18% |
1-Bedroom | $347,900 | $1,447 | 4.99% |
2-Bedroom | $422,500 | $1,699 | 4.83% |
3-Bedroom | $468,000 | $2,295 | 5.88% |
Portland avg. Rental Yields | 5.97% | ||
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
What are the rental yields in the United States in some of their biggest cities
- New York apartments have a city average rental yield of 5.13%.
- Chicago apartments have a city average rental yield of 9.11%.
- Miami apartments have a city average rental yield of 7.31%.
- Washington apartments have a city average rental yield of 7.17%.
- Boston apartments have a city average rental yield of 3.72%.
- Los Angeles apartments have a city average rental yield of 4.73%.
- Houston apartments have a city average rental yield of 6.24%.
- Las Vegas apartments have a city average rental yield of .29%.
- Philadelphia apartments have a city average rental yield of 5.75%.
- Atlanta apartments have a city average rental yield of 7.57%.
- Orlando apartments have a city average rental yield of 11.73%.
- Seattle apartments have a city average rental yield of 4.35%.
- Austin apartments have a city average rental yield of 4.83%.
- San Francisco apartments have a city average rental yield of 4.50%.
- San Diego apartments have a city average rental yield of 6.50%.
- Portland apartments have a city average rental yield of 5.97%.
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