{"id":2998,"date":"2022-06-24T04:06:55","date_gmt":"2022-06-24T04:06:55","guid":{"rendered":"https:\/\/imsfund.com\/?p=2998"},"modified":"2022-06-24T04:06:55","modified_gmt":"2022-06-24T04:06:55","slug":"top-10-best-rental-real-estate-markets-to-invest-in-2022","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2022\/06\/24\/top-10-best-rental-real-estate-markets-to-invest-in-2022\/","title":{"rendered":"Top 10 Best Rental Real Estate Markets To Invest In 2022"},"content":{"rendered":"


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Finding cities with the highest rental appreciation is crucial if you want to make a profitable investment in the rental market. Even in an expensive housing market, finding suitable buy-and-hold assets is possible if rent prices are rising. There are plenty of rental properties in great places for investors.\u00a0<\/span><\/p>\n

The hot housing market in the U.S. means that it can be a boom time for investors\u2014if you know where to look. According to\u00a0<\/span>Reuters<\/span><\/a>, home prices are expected to rise by 10.3% in 2022. However, some analysts say it may slow down by 2024 to around 4%. Others have different predictions, such as a\u00a0<\/span>10% price correction<\/span><\/a>\u00a0in either direction.<\/span><\/p>\n

With rising inflation and the cost-of-living crisis, the rental market in the U.S. is set to grow over the next few years. So, where are the top cities with consistent growth in the rental market if you are considering buying an investment property?\u00a0<\/span><\/p>\n

This article lists the best rental markets to invest in 2022<\/span>.<\/p>\n

The Top 10 Best Rental Markets to Invest In<\/span><\/h2>\n

Rental properties are an excellent way to earn regular income from secure investments. To ensure a high return on investment (ROI), finding affordable properties with excellent cash on cash return is crucial.\u00a0<\/span><\/p>\n

A quick glance at a property value map makes it easy to see where the best investment properties in the U.S. are. For example, Florida, Texas, South Carolina, and Ohio all have cities with affordable housing prices, high rental yield, and tremendous job growth.<\/span><\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Market<\/th>\nAverage Rent Price<\/th>\n<\/tr>\n<\/thead>\n
Orlando, FL<\/td>\n$1,820<\/td>\n<\/tr>\n
Tampa, FL<\/td>\n$1,834<\/td>\n<\/tr>\n
Salt Lake City, UT<\/td>\n$1,562<\/td>\n<\/tr>\n
Austin, TX<\/td>\n$1,735<\/td>\n<\/tr>\n
Boise, ID<\/td>\n$1,574<\/td>\n<\/tr>\n
Raleigh-Durham, NC<\/td>\n$1,522<\/td>\n<\/tr>\n
Cleveland, OH<\/td>\n$1,238<\/td>\n<\/tr>\n
Houston, TX<\/td>\n$1,263<\/td>\n<\/tr>\n
Atlanta, GA<\/td>\n$1,812<\/td>\n<\/tr>\n
Phoenix, AZ<\/td>\n$1,547<\/td>\n<\/tr>\n<\/tbody>\n<\/table>
Average Rent Price according to data collected by RentCafe<\/a><\/em><\/figcaption><\/figure>\n

1. Orlando, Florida<\/span><\/h3>\n
\"orlando\"<\/source><\/source><\/picture><\/figure>\n

The housing market in Florida always performs consistently well for real estate investments. High demand for single-family homes and global attractions like Walt Disney World and Universal Orlando means investors can make excellent profits off short-term rentals. Additionally, the amusement parks mean there are always plenty of job opportunities.<\/span><\/p>\n

The average home price in Orlando is $367,000, and the median rent is $1,820. However, it\u2019s possible to buy investment properties cheaper and lock in the same rental rates in some areas.<\/span><\/p>\n

2. Tampa, Florida<\/span><\/h3>\n
\"tampa\"<\/source><\/source><\/picture><\/figure>\n

Like the rest of the Sunshine State, Tampa\u2019s housing market remains excellent for investors. Stock availability is the primary reason Tampa performs well, and home prices continue to rise. In 2022, the median sales price for a Tampa-area property was $390,000, and the average rental rate for a one-bedroom apartment was $1,897.\u00a0<\/span><\/p>\n

It\u2019s good to note that analysts predict that active listings in the Tampa housing market will drop, leading to a surge in rental demand.<\/span><\/p>\n

3. Salt Lake City, Utah<\/span><\/h3>\n
\"salt<\/source><\/source><\/picture><\/figure>\n

The Salt Lake City housing market has experienced a boom in home prices and rental rates over the previous few years. Limited inventory, increased demand, and low mortgage rates have resulted in tremendous appreciation. According to some reports, the median home value in the city increased by 24.1% in 12 months. Similarly, rental rates have experienced a 21% increase.\u00a0<\/span><\/p>\n

There is no sign that the Salt Lake City housing market will slow down in the coming months, especially as big tech companies like Microsoft and Adobe move in.<\/span><\/p>\n

4. Austin, Texas<\/span><\/h3>\n
\"austin\"<\/source><\/source><\/picture><\/figure>\n

Austin has been one of the hottest real estate markets in the United States due to tons of investment and explosive job growth. According to the\u00a0<\/span>Urban Land Institute<\/span><\/a>, Austin has the highest projected population growth over the next five years. You\u2019d have to put Austin at the top of the list for real estate prospects.<\/span><\/p>\n

The average cost to buy a home in Austin is $639,900, and the average rent is $1,735. However, it\u2019s good to note that rental rates in the city are increasing at over 15% per year. Rental appreciation and year-round warm weather make Austin an ideal city to buy a residential investment property. The only challenge you may find, especially as a newer investor, is being able to find good deals in Austin.<\/span><\/p>\n

With a housing market exploding as much as it is there, you\u2019re paying top dollar for most properties.<\/span><\/p>\n

5. Boise, Idaho<\/span><\/h3>\n
\"boise\"<\/source><\/source><\/picture><\/figure>\n

In 2021, Boise was one of the hottest housing markets due to a growth in home sales, a strong economy, and monthly rent prices. Factors that make Boise ideal for long-term investment include:<\/span><\/p>\n