Gross rental yields in the United States: New York and 14 other cities
The average gross rental yield in the United States stands at 6.71% (Q2 2026). Previously, in Q4 2025, the rental yield was 6.56%.
Cities compared
- New York
- Chicago
- Miami
- Los Angeles
- Las Vegas
- Orlando
- San Diego
- Washington
- Boston
- Houston
- Philadelphia
- Atlanta
- Seattle
- San Francisco
- Portland
Historical rental yields in the United States
| NEW YORK - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Manhattan | |||
| Studio | $675,000 | $4,350 | 7.73% |
| 1-Bedroom | $1,100,000 | $5,695 | 6.21% |
| 2-Bedroom | $2,190,000 | $8,180 | 4.48% |
| 3-Bedroom | $3,995,000 | $13,000 | 3.90% |
| 4+Bedroom | $9,000,000 | $27,250 | 3.63% |
| Queens | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Brooklyn | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Bronx | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| New York (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| New York avg. Rental Yields | Unlock | ||
| CHICAGO - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Streeterville | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Lake View | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Chicago (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Chicago avg. Rental Yields | Unlock | ||
| MIAMI - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Miami Beach | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Brickell | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Miami (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Miami avg. Rental Yields | Unlock | ||
| LOS ANGELES - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Downtown | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Los Angeles (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Los Angeles avg. Rental Yields | Unlock | ||
| LAS VEGAS - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Las Vegas (all locations) | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Las Vegas avg. Rental Yields | Unlock | ||
| ORLANDO - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Orlando (all locations) | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Orlando avg. Rental Yields | Unlock | ||
| SAN DIEGO - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| San Diego (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| San Diego avg. Rental Yields | Unlock | ||
| WASHINGTON - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Columbia Heights | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Washington (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Washington avg. Rental Yields | Unlock | ||
| BOSTON - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Boston (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Boston avg. Rental Yields | Unlock | ||
| HOUSTON - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Houston (all locations) | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Houston avg. Rental Yields | Unlock | ||
| PHILADELPHIA - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Philadelphia (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Philadelphia avg. Rental Yields | Unlock | ||
| ATLANTA - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Atlanta (all locations) | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Atlanta avg. Rental Yields | Unlock | ||
| SEATTLE - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Seattle (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Seattle avg. Rental Yields | Unlock | ||
| SAN FRANCISCO - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| San Francisco (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| San Francisco avg. Rental Yields | Unlock | ||
| PORTLAND - All Dwellings | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Portland (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Portland avg. Rental Yields | Unlock | ||
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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 and Realtor |
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View the full rental yield dataset (2022 - Present)
Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in the United States, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:
($500 × 12) ÷ $100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.
