: Offers a mix of no wage income tax and low property taxes (effective rate of ~0.46%). Nashville is a major hub for tourism-driven short-term rental demand.
7 of the best states to invest in real estate - Better Mortgage
: Combining low housing costs with a pro-landlord legal environment, Missouri (specifically Kansas City and St. Louis ) is ideal for investors seeking solid monthly returns on affordable initial investments. Top States for Long-Term Appreciation (Sun Belt Focus) best states to buy investment property
: Often ranked as a top choice for affordability, Indiana features low property taxes (approx. 0.77%) and landlord-friendly laws that allow for efficient evictions. Indianapolis has been highlighted for gross rental yields reaching 9% to 18% in specific neighborhoods.
: A perennial favorite due to its lack of state income tax and status as a "landlord's paradise". While insurance costs are rising, inland cities like Orlando and Jacksonville continue to see strong demand for both long-term and short-term rentals. : Offers a mix of no wage income
If your strategy involves Airbnb or VRBO, states with year-round tourism and flexible local regulations are key.
When evaluating any of these states, experts recommend focusing on: Louis ) is ideal for investors seeking solid
: Known for its "snowbird" and winter tourism market, Arizona —particularly the Phoenix and Scottsdale areas—offers high demand for seasonal rentals and golf-related tourism.