Real Estate Investing in Wapakoneta, Ohio

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 17,983 • Auglaize County

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Should you buy in Wapakoneta, OH? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Wapakoneta, OH?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $243,946
Avg Monthly Rent $900
ZIP Codes 1

Investing in Wapakoneta Real Estate

Across Wapakoneta's 1 ZIPs, the picture is soft: $244K median values, $900/mo rents, and a population that has faced real economic pressure.

Wapakoneta is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

Rents in Wapakoneta at $900/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

The 0% renter share in Wapakoneta masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Wapakoneta, OH

Wapakoneta is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$243,946
Avg Monthly Rent
$900
1% Rule
✗ Below
Landlord Friendly (OH)

📉 Market Crash Risk Index

Based on Wapakoneta, OH metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
69%
Days Pending
0/2
0 days

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☀️ Warm Market — Wapakoneta, OH metro
0
Days to pending
6.8%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

Neighborhoods in Wapakoneta

ZIP Codes in Wapakoneta, OH

Screen every ZIP in Wapakoneta

Filter Wapakoneta’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Wapakoneta, OH

Is housing expensive in Wapakoneta, OH?

Wapakoneta, OH median home values land near $244K. That is reasonable territory for investors looking at $900/mo-per-month rentals.

Is Wapakoneta, OH landlord-friendly?

OH ranks as a landlord-friendly state for landlord-tenant law. Wapakoneta generally follows the statewide framework, so landlords face reasonable operating rules.

How tight is the rental market in Wapakoneta, OH?

Wapakoneta, OH carries elevated vacancy risk. Expect even-keeled absorption at market rents of $900/mo.

How viable is house hacking in Wapakoneta, OH?

The house hack math a challenging in Wapakoneta, OH. Owner-occupant buyers benefit from the $900/mo rents and $244K home values.

How strong is tenant demand in Wapakoneta, OH?

Wapakoneta, OH draws a predictable base of working renters. Demand at the $900/mo rent level is reasonable for standard single-family and small multi rentals.

Community Ratings

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