Trend of Rental Yield in Erie County, Ohio

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountyErie County
Population 201576,141
Population 200977,400
Population % change-1.6
Population change rank compared to US2,504
Population change rank compared to Ohio70
Median Gross Rent 2015707
Median Gross Rent 2009639
Median Gross Rent % change10.6
Median Gross Rent change rank compared to US2,147
Median Gross Rent change rank compared to Ohio44
Home Value 2015131,400
Home Value 2009137,300
Home Value % change-4.3
Home Value change rank compared to US2,558
Home Value change rank compared to Ohio66
Rental Yield 20156.5
Rental Yield 20095.6
Rental Yield % change15.6
Rental Yield change rank compared to US900
Rental Yield change rank compared to Ohio24