Best States To Buy Investment Property May 2026

When evaluating any of these states, experts recommend focusing on:

: Often ranked as a top choice for affordability, Indiana features low property taxes (approx. 0.77%) and landlord-friendly laws that allow for efficient evictions. Indianapolis has been highlighted for gross rental yields reaching 9% to 18% in specific neighborhoods. best states to buy investment property

: Offers a mix of no wage income tax and low property taxes (effective rate of ~0.46%). Nashville is a major hub for tourism-driven short-term rental demand. When evaluating any of these states, experts recommend

For investors seeking properties where monthly rent significantly exceeds ownership costs, the Midwest offers the best "rent-to-price" ratios. : Offers a mix of no wage income

: Known for its "snowbird" and winter tourism market, Arizona —particularly the Phoenix and Scottsdale areas—offers high demand for seasonal rentals and golf-related tourism.

: Consistently a top performer, North Carolina offers a "near-perfect" balance of strong job growth in tech and healthcare, high quality of life, and no rent control. Raleigh has seen year-over-year appreciation rates as high as 14.5%.