Full Data for Best States for Landlords

State RankingStateState RankingState
1Massachusetts26Delaware
2Maryland27Wisconsin
3Hawaii28Pennsylvania
4Connecticut29Illinois
5New Jersey30Florida
6Colorado31North Dakota
7Rhode Island32Texas
8New York33South Dakota
9California34North Carolina
10Nebraska35Iowa
11New Hampshire36Montana
12District of Columbia (Washington DC)37Alabama
13Vermont38Wyoming
14Alaska39Ohio
15Utah40Michigan
16Arizona41Tennessee
17Minnesota42Mississippi
18Oregon43Oklahoma
19Nevada44South Carolina
20Maine45Indiana
21Kansas46Missouri
22Georgia47Arkansas
23Idaho48Kentucky
24Washington49New Mexico
25Virginia50West Virginia
51Louisiana

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Rent Versus Buy Ranking

StateCost of Living Index1RankingMedian Household Income2RankingAverage Mortgage Rates3RankingMedian Home Value4RankingRent-to-Price RatioRankingOverall Rent Versus Buy Ranking
California134.55$84,90765.94%10$785,900241.2971
Colorado105.56$82,254105.99%8$580,900736.26102
District of Columbia (Washington DC)148.79$90,08825.92%14$668,250434.65143
Massachusetts148.422$89,64535.91%17$614,700638.3484
Alaska124.42$77,845136.34%1$379,6002125.51335
Arizona107.23$69,056215.88%22$436,1001533.13166
Hawaii17912$84,85775.73%49$720,200336.3597
Connecticut113.17$83,77195.87%25$393,7001927.32308
Maryland119.521$90,20315.90%20$421,8001724.84389
Idaho106.113$66,474285.81%44$460,9001243.3510
New Hampshire11530$88,46555.80%47$452,7001332.951311
Nevada101.329$66,274295.92%16$428,1001630.781912
Utah101.545$79,449125.81%42$529,600840.49413
Georgia9111$66,559265.86%29$375,3002330.012214
Nebraska90.128$66,817255.88%23$290,5003328.25615
Oregon115.138$71,562195.85%33$510,900936.31716
Washington115.148$84,24785.96%9$618,000538.524817
New York125.133$74,314155.86%27$819,900151.964318
Rhode Island110.540$74,008165.85%32$462,1001137.352119
Vermont114.946$72,431176.26%2$385,3002032.143620
New Jersey114.131$89,29645.85%31$477,6001029.094621
Alabama88.81$53,913475.91%18$284,9003529.272322
Kansas87.717$64,124346.04%4$276,3003826.683223
Florida102.310$63,062375.84%35$407,2001827.862924
Texas9344$66,963245.89%21$357,8002627.561525
Pennsylvania9939$68,957225.92%15$278,7003724.241826
Delaware102.68$71,091205.84%34$327,3002923.724127
Minnesota94.124$77,720145.82%39$341,7002828.192828
Maine111.520$64,767335.80%48$373,7002535.671229
South Carolina96.541$59,318435.94%12$374,2002433.972030
Illinois90.814$72,205185.86%28$280,9003622.554431
Iowa89.716$65,600316.08%3$230,6005123.844032
Arkansas90.34$52,528485.88%24$258,1004128.32733
Tennessee90.443$59,695425.86%30$377,2002235.041134
South Dakota93.842$66,143305.81%45$307,1253033.63235
North Dakota94.635$66,519276.00%7$253,2004625.483436
Missouri88.426$61,847416.04%5$255,4004425.253737
Virginia103.147$80,963115.83%36$440,2001429.184738
New Mexico94.232$53,992465.72%50$349,2002733.96139
Indiana91.515$62,743385.87%26$258,0004225.473540
Mississippi85.325$48,716515.91%19$271,2004028.642541
Montana103.727$63,249365.82%41$290,5003428.962442
Ohio9436$62,262395.83%37$240,9004924.33343
Oklahoma8637$55,826445.94%13$253,2004525.792644
Kentucky93.818$55,573455.83%38$251,3004826.753145
North Carolina96.134$61,972405.94%11$240,9005021.544546
West Virginia90.349$51,248506.01%6$304,4003134.654947
Michigan92.723$63,498355.82%40$252,2004723.564248
Wisconsin9550$67,125235.81%43$297,1003228.395049
Louisiana9219$52,087495.71%51$258,0004324.543950
Wyoming92.851$65,204325.81%46$276,0003926.965151

1World Population Review

2World Population Review

3Business Insider

4World Population Review

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Rent Potential Ranking

StateAverage Monthly Rent1RankingRental Vacancy Rate2RankingPercentage of RentersHomeownership Rate3RankingYear-over-year Rent Value Change4RankingOverall Potential Ranking
Rhode Island$1,031231.4141.00%59.00%41.02%321
Massachusetts$1,33674934.60%65.40%141.42%262
New Jersey$1,36854.11034.00%66.00%166.20%113
Colorado$1,33583.4632.70%67.30%20-2.95%464
Alaska$1,240114.71336.10%63.90%115.30%145
District of Columbia (Washington DC)$1,60727.13558.60%41.40%11.40%276
New York$1,31596.32847.60%52.40%28.48%57
Oregon$1,173145.52039.30%60.70%6-5.38%508
California$1,58635.21644.70%55.30%30.24%359
Washington$1,33766.32734.70%65.30%13-1.91%4410
Maryland$1,41546.12532.00%68.00%22-0.41%3711
Hawaii$1,65119.64640.60%59.40%55.60%1212
North Carolina$932275.21736.50%63.50%10-3.27%4813
Nevada$1,1591573338.40%61.60%7-2.96%4714
Connecticut$1,201133.5729.50%70.50%366.22%1015
Wisconsin$872342.9431.50%68.50%246.43%916
Minnesota$1,010243.2529.70%70.30%3513.34%117
Kansas$863354.91534.20%65.80%159.81%318
Delaware$1,150161.9223.80%76.20%501.14%2919
Nebraska$857363.6831.20%68.80%250.61%3320
Illinois$1,038225.92431.00%69.00%264.93%1521
Utah$1,090195.31929.80%70.20%344.34%1822
Texas$1,082209.14538.10%61.90%81.97%2323
Arizona$1,097186.83230.80%69.20%29-0.44%3824
Georgia$1,042218.24132.90%67.10%195.35%1325
Oklahoma$818446.22634.80%65.20%122.59%2126
Vermont$999254.81426.90%73.10%451.09%3027
Virginia$1,257106.63127.00%73.00%441.86%2428
Maine$873332.8324.30%75.70%49-0.98%4129
New Hampshire$1,145175.92326.40%73.60%467.93%630
Ohio$825434.41230.50%69.50%310.03%3631
Pennsylvania$958267.63832.00%68.00%23-1.38%4232
Idaho$887315.21827.90%72.10%40-3.86%4933
Florida$1,2181210.54930.90%69.10%28-8.80%5134
Montana$836414.31128.70%71.30%38-0.94%3935
Michigan$892305.82127.90%72.10%419.98%236
North Dakota$828428.44237.30%62.70%91.21%2837
Kentucky$783486.53033.00%67.00%17-1.57%4338
Louisiana$876328.64432.60%67.40%211.80%2539
Tennessee$897298.54330.70%69.30%30-2.19%4540
New Mexico$857376.42928.80%71.20%372.00%2241
Missouri$8434073430.10%69.90%339.71%442
South Carolina$918289.84730.30%69.70%320.45%3443
South Dakota$761497.33631.00%69.00%274.61%1744
Mississippi$789475.82224.60%75.40%484.84%1645
Indiana$844397.94028.10%71.90%397.57%746
Arkansas$7605010.85033.00%67.00%183.07%2047
Wyoming$853387.43727.50%72.50%43-0.98%4048
Iowa$806467.63927.60%72.40%426.81%849
Alabama$8114511.55125.30%74.70%473.40%1950
West Virginia$732519.94821.70%78.30%511.05%3151

1World Population Review

2US Census Bureau

3US Census Bureau

4Rent.com

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Tenant Happiness Ranking

StateUnemployment Rates1RankingCrime Rates (per 100k)2RankingCommunity Well-being Index Score (out of 100)>3RankingTenant Happiness Ranking
New Hampshire2.542344161161
Massachusetts3.220241527112
Virginia2.763121864113
Maryland2.883619167044
Vermont2.122607659225
Maine2.872421357296
Nebraska2.6541522360187
Wisconsin2.91132951258258
North Dakota2.1345773060209
Connecticut3.93333121366710
New Jersey4.6452512570311
Wyoming2.912345514572812
Hawaii2.91550773871213
New York4.24131851069514
Minnesota2.913452729621515
South Dakota21441527573016
Pennsylvania3.426367817611717
Rhode Island4.34227227641218
Iowa2.89370018563619
Utah316519039651020
Florida3.321392220592421
Idaho3.42524664553922
Illinois548354515631323
Kansas3.119482334582624
Delaware435435525601925
Georgia3.322441526563226
Montana3.118471131563327
Arizona3.323494037582728
Mississippi2.810449428465029
Michigan4.139320011553830
California5.25047203267631
Colorado3.83260914865932
Alabama2.914472733524433
Indiana3.831392421544134
West Virginia4.13831559504735
Nevada5.249431424592136
Oregon4.140561042631437
Ohio4.443400922563138
Washington4.94757594465839
North Carolina3.628487235563740
Tennessee317565843534241
Missouri3.730560541563442
District of Columbia (Washington DC)5.45179865170443
Texas436493736563544
Alaska4.544535940592345
Kentucky4.646381819504646
South Carolina3.629597347554047
Oklahoma3.427587045514548
Arkansas3.324589946494949
Louisiana437640849534350
New Mexico3.934646250494851

1US Bureau of Labor Statistics

2World Population Review

3Sharecare

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