Is St. Michaels, MD a good place to invest in rental property?

St. Michaels, MD has a median modeled monthly cash flow of $-4,705 and a median cap rate of 0.8%, on a median sold price of $692,000. Prices changed +7.2% year over year.

What is the average cap rate in St. Michaels, MD?

The median cap rate across recently sold homes in St. Michaels, MD is 0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in St. Michaels, MD?

The median sold price in St. Michaels, MD is $692,000 (about $366 per square foot).

Investing in St. Michaels, MD Real Estate

A data-driven snapshot of the St. Michaels, MD 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.

$692,000Median sold price

$366Median $/sqft

0.8%Median cap rate

$-4,705Modeled cash flow / mo

+7.2%Appreciation YoY

8.9Months of supply

90Active listings

122Sold (last 12 mo)

What the St. Michaels numbers say

In St. Michaels, MD, the median home sold for $692,000 (about $366 per square foot), and the typical deal models out to a 0.8% cap rate with a median $-4,705 of monthly cash flow. Sold prices moved +7.2% over the past year. Inventory sits at about 8.9 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 Maryland markets to compare

See St. Michaels cash-flowing listings

CashFlowRE ranks every for-sale home in St. Michaels, MD 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 St. Michaels deals, or browse the national market data.