Is Clearwater, FL a good place to invest in rental property?

Clearwater, FL has a median modeled monthly cash flow of $-884 and a median cap rate of 3.1%, on a median sold price of $350,000. Prices changed -0.6% year over year.

What is the average cap rate in Clearwater, FL?

The median cap rate across recently sold homes in Clearwater, FL is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Clearwater, FL?

The median sold price in Clearwater, FL is $350,000 (about $252 per square foot).

Investing in Clearwater, FL Real Estate

A data-driven snapshot of the Clearwater, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$350,000Median sold price

$252Median $/sqft

3.1%Median cap rate

$-884Modeled cash flow / mo

-0.6%Appreciation YoY

14.1Months of supply

2,818Active listings

2,393Sold (last 12 mo)

What the Clearwater numbers say

In Clearwater, FL, the median home sold for $350,000 (about $252 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-884 of monthly cash flow. Sold prices moved -0.6% over the past year. Inventory sits at about 14.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Clearwater cash-flowing listings

CashFlowRE ranks every for-sale home in Clearwater, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Clearwater deals, or browse the national market data.