Is Lancaster, OH a good place to invest in rental property?

Lancaster, OH has a median modeled monthly cash flow of $-476 and a median cap rate of 4.0%, on a median sold price of $255,500. Prices changed +0.0% year over year.

What is the average cap rate in Lancaster, OH?

The median cap rate across recently sold homes in Lancaster, OH is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lancaster, OH?

The median sold price in Lancaster, OH is $255,500 (about $170 per square foot).

Investing in Lancaster, OH Real Estate

A data-driven snapshot of the Lancaster, OH 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.

$255,500Median sold price

$170Median $/sqft

4.0%Median cap rate

$-476Modeled cash flow / mo

+0.0%Appreciation YoY

3.8Months of supply

245Active listings

778Sold (last 12 mo)

What the Lancaster numbers say

In Lancaster, OH, the median home sold for $255,500 (about $170 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-476 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 3.8 months of supply — a tight, seller-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Ohio markets to compare

See Lancaster cash-flowing listings

CashFlowRE ranks every for-sale home in Lancaster, OH 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 Lancaster deals, or browse the national market data.