Market Analysis
Dayton Rental Market
Rental investment market data and analysis · Updated November 2026
Median Home Price
$134,950
Average Monthly Rent
$999
Estimated Cap Rate
8.9%
Rent-to-Price Ratio
0.7%
Below 1% Rule
Rent ÷ price by zip code
0 of 4 clear the 1% rule · November 2026
| Zip | Median price | Median rent | Rent ÷ price |
|---|---|---|---|
| 45402 | $115,000 | $950 | 0.83% |
| 45405 | $120,000 | $900 | 0.75% |
| 45410 | $149,900 | $1,095 | 0.73% |
| 45420 | $179,900 | $1,050 | 0.58% |
Context · FRED home price index
Market Trends
Dayton metro area — % change since 2018
Home Prices
+91.3%
Rent Index
+36.2%
Average Rent by Bedroom
| Bedrooms | Avg Rent |
|---|---|
| Apartment | $855/mo |
| Multi-Family | $894/mo |
| Condo | $949/mo |
| Single Family | $1,141/mo |
| Townhouse | $1,224/mo |
Sample Investment Analysis
Based on median price + average rent, 20% down, 6.8% rate, 30yr
Purchase Price$134,950
Down Payment (20%)$26,990
Monthly P&I$704
Monthly Rent$999
Est. NOI$7,193/yr
Est. Cash Flow-$104/mo
Cash on Cash-4.2%
The Dayton market is cash-flow negative at median prices. Look for properties 15-20% below median or with value-add potential.
What Investors Should Know About Dayton
- 1Strong cap rates above 7% — excellent cash flow potential
- 21% Rule fails at median prices — need rent of $1,350/mo to pass
- 3Below-average rents keep entry costs low for new investors
- 4Affordable market — lower barrier to entry for first-time investors
Ready to analyze a property in Dayton?
Get instant cap rate, cash flow, and DSCR analysis on any address. Access data on 140M+ properties.