Best places to be a landlord

Based on home prices, area economy and rents, and ranked by job growth, per Local Market Monitor:

Best places to be a landlord
1
Houston
2.5%
Annual job growth:

Projected 3-year rent increase: 18%
Q2 home price: $174,000
Current monthly rent: $818
2
Grand Rapids
2.4%
Annual job growth:

Projected 3-year rent increase: 15%
Q2 home price: $128,000
Current monthly rent: $636
3
Rochester, N.Y.
2.3%
Annual job growth:

Projected 3-year rent increase: 25%
Q2 home price: $148,000
Current monthly rent: $785
4
Dallas
2.2%
Annual job growth:

Projected 3-year rent increase: 16%
Q2 home price: $166,000
Current monthly rent: $877
5
Tulsa
1.8%
Annual job growth:

Projected 3-year rent increase: 19%
Q2 home price: $146,000
Current monthly rent: $671
Source: Source: Local Market Monitor
Notes: Rents are for all rental residential properties. Home values are for all types of residential properties.

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