17. Sacramento, Calif.
2018 condo home value: $271,400
Rent growth: 18.3%
Rental yield: 5.7%
Although Sacramento’s rental market took a dip during economic downturns in years past, it’s been on a steady increase since 2013. The vacancy rate in the city has declined more than twice as fast as rates in the state and country overall, and rent prices are on the increase.
Plus, renters don’t need to be high-earners to survive in this California city — Sacramento is one of the few cities where you can realistically live on minimum wage, found a separate study.
