Dallas-Fort Worth

Dallas-Fort Worth

Rank: 1
Price/rent ratio: 3.76*
Median per unit sales price: $30,000
Median rent: $720/month
Vacancy: 7.6%

Pros: Investors in the Dallas metro market can earn the highest rental income for the least amount of investment.
Cons: Dallas-Fort Worth has a tendency to have large waves of apartment construction, which can rapidly increase competition and push up the vacancy rate.

*The ratio represents how many dollars of investment will generate $1 of rental income. The lower the ratio, the cheaper the apartments are in terms the rental revenue. The national price/rent average is 8.19.