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

Clearwater, FL has a median modeled monthly cash flow of $-1,024 and a median cap rate of 2.9%, on a median sold price of $369,250. Prices changed -4.7% year over year.

What is the average cap rate in Clearwater, FL?

The median cap rate across recently sold homes in Clearwater, FL is 2.9%, 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 $369,250 (about $263 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.

$369,250Median sold price

$263Median $/sqft

3.0%Median cap rate

$-1,024Modeled cash flow / mo

-4.7%Appreciation YoY

20.2Months of supply

1,738Active listings

1,030Sold (last 12 mo)

What the Clearwater numbers say

In Clearwater, FL, the median home sold for $369,250 (about $263 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,024 of monthly cash flow. Sold prices moved -4.7% over the past year. Inventory sits at about 20.2 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.