Every US state on
the same four measures
Value, five-year change, rent and gross yield for all 51 states and DC. Same source, same date, same arithmetic, so the columns actually compare. June 2026.
Before you read on
- Source: Zillow Research — ZHVI (typical home value) and ZORI (observed rent index). Values as of June 2026.
- Gross yield is annual rent over value, before property tax, insurance, management, vacancy and any HOA. Treat it as a screen, not a return.
- Zillow publishes no state rent index, so state rent and yield are the median across each state's largest cities that publish both series.
- Property tax is set at county and school-district level. Nothing on this page is a substitute for the assessor's figure on a specific parcel.
The tableAll 51 markets
Alphabetical. Every row links to that state's page, with its ten-year value series and its largest cities broken out.
| State | Typical value | 1 year | 5 years | 10 years | Typical rent | Gross yield |
|---|---|---|---|---|---|---|
| Alabama | $241,517 | +1.5% | +20.7% | +67.1% | $1,436/mo | 6.97% |
| Alaska | $400,659 | +5.7% | +19.4% | +39.8% | $1,912/mo | 6.00% |
| Arizona | $422,822 | -1.6% | +15.2% | +90.5% | $1,778/mo | 4.97% |
| Arkansas | $228,662 | +3.5% | +24.3% | +65.2% | $1,293/mo | 6.26% |
| California | $775,549 | -0.4% | +16.8% | +71.0% | $2,678/mo | 4.22% |
| Colorado | $543,435 | -2.0% | +9.6% | +65.0% | $1,986/mo | 4.24% |
| Connecticut | $455,424 | +4.9% | +41.2% | +82.2% | $2,138/mo | 5.89% |
| Delaware | $412,252 | +1.4% | +23.1% | +62.1% | $2,102/mo | 6.69% |
| District of Columbia | $579,332 | -2.3% | -10.3% | +13.0% | $2,532/mo | 5.25% |
| Florida | $378,126 | -2.8% | +25.3% | +87.8% | $2,170/mo | 6.46% |
| Georgia | $335,358 | -0.9% | +26.2% | +98.0% | $1,756/mo | 6.37% |
| Hawaii | $836,741 | -0.1% | +18.3% | +54.3% | $3,212/mo | 4.17% |
| Idaho | $482,199 | +1.2% | +10.1% | +130.3% | $1,682/mo | 4.22% |
| Illinois | $298,871 | +5.0% | +29.7% | +66.9% | $2,010/mo | 6.84% |
| Indiana | $262,265 | +3.0% | +31.3% | +98.1% | $1,310/mo | 6.10% |
| Iowa | $241,255 | +3.9% | +27.8% | +65.8% | $1,271/mo | 5.54% |
| Kansas | $252,794 | +4.1% | +32.4% | +83.4% | $1,288/mo | 6.11% |
| Kentucky | $235,363 | -1.0% | +27.3% | +82.9% | $1,228/mo | 5.77% |
| Louisiana | $217,968 | +1.7% | +1.7% | +17.0% | $1,442/mo | 7.32% |
| Maine | $424,107 | +1.0% | +31.8% | +108.6% | $1,948/mo | 5.35% |
| Maryland | $436,104 | +0.1% | +15.0% | +51.0% | $1,918/mo | 5.38% |
| Massachusetts | $672,867 | +1.8% | +26.4% | +78.6% | $2,628/mo | 4.81% |
| Michigan | $269,972 | +4.2% | +26.0% | +91.7% | $1,482/mo | 6.14% |
| Minnesota | $356,887 | +2.8% | +16.3% | +66.6% | $1,701/mo | 5.41% |
| Mississippi | $198,428 | +1.8% | +15.6% | +44.7% | $1,486/mo | 7.71% |
| Missouri | $271,597 | +3.2% | +27.6% | +84.9% | $1,538/mo | 5.75% |
| Montana | $476,115 | +1.5% | +30.3% | +105.1% | $1,458/mo | 4.13% |
| Nebraska | $284,464 | +3.3% | +27.0% | +83.3% | $1,345/mo | 5.54% |
| Nevada | $448,215 | -2.1% | +21.2% | +93.3% | $1,846/mo | 4.63% |
| New Hampshire | $522,944 | +2.7% | +37.6% | +112.0% | $2,242/mo | 5.09% |
| New Jersey | $584,681 | +3.3% | +37.0% | +84.3% | $2,490/mo | 5.34% |
| New Mexico | $321,186 | +1.3% | +28.7% | +80.3% | $1,522/mo | 7.01% |
| New York | $525,947 | +5.2% | +30.0% | +79.8% | $2,046/mo | 5.99% |
| North Carolina | $340,430 | 0.0% | +27.5% | +94.6% | $1,654/mo | 5.92% |
| North Dakota | $293,556 | +5.4% | +20.3% | +26.3% | $1,256/mo | 4.52% |
| Ohio | $251,502 | +3.5% | +30.4% | +91.0% | $1,294/mo | 6.61% |
| Oklahoma | $225,437 | +2.5% | +28.5% | +73.3% | $1,304/mo | 7.19% |
| Oregon | $504,432 | -0.5% | +10.1% | +67.7% | $1,780/mo | 4.35% |
| Pennsylvania | $294,099 | +2.4% | +23.4% | +70.9% | $1,550/mo | 5.96% |
| Rhode Island | $517,078 | +3.0% | +35.0% | +101.6% | $2,181/mo | 5.05% |
| South Carolina | $309,323 | +0.7% | +29.0% | +84.8% | $1,650/mo | 6.05% |
| South Dakota | $325,618 | +2.6% | +28.0% | +77.3% | $1,261/mo | 4.53% |
| Tennessee | $338,769 | +0.5% | +29.5% | +102.2% | $1,682/mo | 5.47% |
| Texas | $302,999 | -1.9% | +14.8% | +64.0% | $1,569/mo | 6.27% |
| Utah | $541,692 | +1.4% | +18.2% | +103.1% | $1,685/mo | 3.78% |
| Vermont | $402,017 | +1.3% | +23.3% | +68.5% | $1,990/mo | 5.58% |
| Virginia | $419,920 | +2.0% | +24.7% | +66.7% | $2,076/mo | 5.22% |
| Washington | $603,303 | -0.6% | +14.0% | +91.8% | $1,996/mo | 3.88% |
| West Virginia | $182,704 | +2.9% | +22.4% | +57.0% | $1,118/mo | 6.79% |
| Wisconsin | $342,279 | +4.9% | +33.6% | +94.1% | $1,332/mo | 4.89% |
| Wyoming | $372,526 | +1.5% | +26.4% | +57.2% | $1,325/mo | 4.31% |
BrowseOpen a state
Each page carries the value series back a decade, the largest cities on the same measures, and how the neighbouring states compare.
Reading itYield and growth pull in opposite directions
Sort the table by yield and you get low-priced states. Sort it by five-year growth and you get a different list. That is not a coincidence: yield is rent over price, so anywhere price has run ahead of rent the yield falls, and anywhere price has stayed flat the yield looks generous. Neither column on its own identifies a good market.
What separates them is what happens between the gross number and the net one. Insurance in parts of the Gulf and the west has repriced hard enough to swallow the yield advantage entirely. Property tax varies by a factor of five across the country and by more than that within a single state. Neither appears in this table, and both decide the outcome.
Use this page to shortlist three or four states, then go to the county level. The guides below cover what to check once you are there.
There is no answer that survives contact with a specific budget and holding period. A cash buyer wanting income and a leveraged buyer wanting appreciation should end up in different states from the same table. Start from what you want the property to do, then use the yield and growth columns to shortlist, then check insurance and property tax at county level before committing.
Yes, for residential property. No state requires citizenship, residency or a visa to hold title. Several states have recently limited foreign ownership of farmland and land near military sites; those rules do not affect ordinary housing. Financing is the real constraint, and it runs through foreign national loan programmes.
Because this is the whole city or state, not a hand-picked property. Individual deals do beat these numbers, particularly in small multifamily and in markets nobody is writing about. What a state-level index tells you is the baseline you are trying to beat, and whether the market is doing the work or you are.
The underlying indices publish monthly and this set was built for June 2026. Zillow revises its history when it updates, so figures move slightly between versions.
RELATED GUIDES
Let’s talk first
Tell us the budget, the holding period and whether you want income or growth, and we will come back with the two or three markets that actually fit and what is available in them.
Important notice
The figures on this page are general information as of August 2026 and do not represent an offer, a quote, or a guarantee of any transaction terms. Market figures derived from Zillow Research — ZHVI (typical home value) and ZORI (observed rent index), as of June 2026. Reinvent NY does not provide legal, tax, or investment advice. Confirm anything material with an attorney and a CPA before you act on it. Nothing here is a solicitation to invest, and no return is promised. Real estate brokerage services are provided through R New York.