Rental market data · 2024 Census estimates

Dayton, OH rental yield and cash flow

In the Dayton-Kettering-Beavercreek, OH metro, the median owner-occupied home was valued at $228,600 and the median gross rent was $1,119 a month in 2024. That is a gross rent yield of 5.87%, rank 6 of the 100 largest metros we track.

$228,600Median home value (±$6,097)

$1,119Median gross rent / mo (±$28)

5.87%Gross rent yield

17.0Price-to-rent ratio

1.40%Median taxes ÷ median value

34%Renter-occupied homes

0.49%Monthly rent ÷ price (1% rule)

0.82MMetro population

Does the median home cash flow at today's rate?

We priced a hypothetical rental at the metro medians: $228,600 purchase, $1,119 rent, 25% down, a 30-year loan at 7.28% (Freddie Mac's 30-year average for the week of October 1, 2026), $3,208 in annual property taxes, insurance at 0.5% of price, and 5% vacancy, 10% repairs and 8% management.

At these assumptions the median-priced home runs about $674 a month short of covering its costs (DSCR 0.43). Rent would need to reach about $1,994, 78% above the median, to break even, or the price would need to be near $86,998 for a 1.25 DSCR. Net operating income is about $5,989 a year, a 2.62% cap rate, against $14,077 of annual debt service.

Investment-property loans usually price above the owner-occupant average this survey reports, and your insurance quote, tax bill and rent will differ from a metro median. Change any input below.

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How Dayton compares

Metros with the nearest gross yields among the 100 we track. * Cash flow uses the same assumptions as above.

Rank	Metro	Median value	Median rent	Gross yield	Price-to-rent	Cash flow / mo*
3	El Paso, TX	$208,800	$1,081	6.21%	16.1	-$628
4	Syracuse, NY	$217,600	$1,114	6.14%	16.3	-$736
5	Rochester, NY	$234,100	$1,172	6.01%	16.6	-$839
6	Dayton, OH	$228,600	$1,119	5.87%	17.0	-$674
7	Toledo, OH	$194,700	$949	5.85%	17.1	-$583
8	Lakeland, FL	$305,400	$1,484	5.83%	17.1	-$739
9	Birmingham, AL	$263,900	$1,262	5.74%	17.4	-$604

What these numbers leave out

Census gross rent includes utilities when the tenant pays them, so it can overstate what a landlord collects. Median value describes owner-occupied homes, not the rental stock, and a metro median hides wide neighborhood differences. Treat this page as a screen, then underwrite the specific property.

Sources

U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B25064 (median gross rent)
U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B25077 (median value, owner-occupied housing units)
U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B25103 (median real estate taxes paid)
U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B25003 (housing tenure)
U.S. Census Bureau, 2024 American Community Survey 1-year estimates, table B01003 (total population)
Freddie Mac Primary Mortgage Market Survey (30-year fixed average, week of October 1, 2026)

Data snapshot October 7, 2026. Methodology: all metros.