HomeVestors-Local Market Monitor

Best 100 U.S. Markets to Invest in Rental Property

3rd Quarter 2012

Rank and Market

Risk-Return Premium (+/-) Relative    to 4.4% National Average

Change from  2nd  Quarter, 2012 
1. Las Vegas, Nevada

+6.5%

+0.9

2. Modesto, California

+6.1%

New to 100 Best Markets

3. Stockton, California

+5.8%

New to 100 Best Markets

4. Detroit, Michigan

+4.9%

+0.3

5. Vallejo-Fairfield, California

+4.3%

New to 100 Best Markets

6. Bakersfield, California

+4.3%

+1.5

7. Visalia-Porterville, California

+4.3%

New to 100 Best Markets

8. Reno, Nevada

+4.1%

+1.6

9. Warren, Michigan

+4.0%

+1.0

10. Fresno, California

+4.0%

+2.5

11. Port St. Lucie, Florida

+3.9%

New to 100 Best Markets

12. Flint, Michigan

+3.9%

New to 100 Best Markets

13. Riverside, California

+3.3%

+1.9

14. McAllen, Texas

+3.2%

+2.2

15. Salinas, California

+3.1%

New to 100 Best Markets

16. Ft. Myers, Florida

+3.1%

+1.1

17. Atlanta, Georgia

+3.1%

+0.6

18. Orlando, Florida

+3.0%

-0.7

19. Sacramento, California

+3.0%

+1.9

20. Winter Haven, Florida

+2.9%

New to 100 Best Markets

21. Daytona Beach, Florida

+2.8%

-1.2

22. Charlotte, North Carolina

+2.7%

+2.0

23. Palm Bay, Florida

+2.6%

New to 100 Best Markets

24. Memphis, Tennessee

+2.5%

+1.2

25. Sarasota, Florida

+2.4%

+0.8

26. Phoenix, Arizona

+2.4%

-0.2

27. Lansing, Michigan

+2.4%

New to 100 Best Markets

28. Boise, Idaho

+2.4%

+0.2

29. Greensboro, North Carolina

+2.3%

+1.7

30. Colorado Springs, Colorado

+2.2%

+1.5

31. Tampa, Florida

+2.2%

-0.2

32. Chicago, Illinois

+2.1%

+1.6

33. Raleigh, North Carolina

+2.1%

+1.2

34. Fort Wayne, Indiana

+2.1%

New to 100 Best Markets

35. Indianapolis, Indiana

+2.1%

+1.2

36. Santa Rosa, California

+2.1%

+2.0