Canary Rental Index

Download the quarterly report for market insights and effective gross yields by state and MSA.

U.S. National Gross Yield

CRI measures Effective Gross Yield, defined as the current fair market annualized rent minus estimated property tax, divided by the current fair market home value for all non-owner occupied single-family properties in the U.S.

Effective Gross Yield
by State and MSA

View the top 50 U.S. Metro Statistical Areas (MSAs) and states along with their
respective yields. Utilize dropdown menus
below to get started.

Gross Yield by State
Gross Yield by MSA
MSA Yield
Choose from the above drop-down Yield

Discover Rental Yields for Individual Properties

Within any given state, top-performing ZIP Codes can generate as much as 25% gross yield or as little as 3%. If you would like to see the rental yield for a specific home in your area, take a look at our Excel Spreadsheet Match & Append solution and utilize the Rental Yield endpoint. Act now to get $200 in free credits!