Real Estate Investing in Gambier, Ohio (43022)

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

Knox County • Population: 3,621 • Data updated: September 2026

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Should you buy in 43022 (Gambier, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (62/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
2 flags
  • Elevated vacancy: 8.1% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 30.0 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Gambier, OH (43022)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $385,835
Avg Monthly Rent $1,071
1% Rule ✗ Does Not Meet
Median Income $93,292
% Renters 29.9%

Market Analysis: 43022 Gambier

Investors eyeing 43022 need to respect the fundamentals at play. Home values of $386K come alongside slower price movement and elevated management overhead.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $386K asset, 43022 is the wrong submarket. If the plan prices in friction, the yield can still work.

Statewide comparisons place 43022 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Who lives in 43022 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

New investors are better served looking at Gambier's stable or hybrid ZIPs before stepping into 43022. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Gambier:

C+ Average
Buy Confidence Score: 65/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Rising (+6.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,071/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Mount Vernon, OH Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
10.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Mount Vernon, OH metro data
🏠

Property Strategy for 43022

Which property type performs best in this market?

Best for Cash Flow
3BR
3.1% cap rate
Best for Appreciation
3BR
+8.8% 5yr CAGR
Best Overall Value
4BR
$109,804/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $316,405 $1,190 2.7% +8.5% $158,203
3BR $360,480 $1,550 3.1% +8.8% $120,160
4BR $439,217 $1,580 2.6% +7.3% $109,804

Market Trends

Home Value History (with trend line)

$408K$345K$282K$219K$156K$93KFeb 2009Nov 2017Jul 2026

📊 How Does 43022 Compare?

Metric 43022 Gambier Mount Vernon, OH Ohio
Home Value $385,835 $292,193 N/A $237,530
5-Year CAGR 6.8% 6.4% N/A 7.4%
Avg Rent $1,071 $1,094 N/A -
Cap Rate 2.2% 3.3% - -
💡 Why Invest in 43022? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 43022 (Gambier, OH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.2%
Low
5yr Growth
+6.8%
Strong

📉 Market Crash Risk Index

Based on Mount Vernon, OH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
43%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $385,835
Monthly Rent $1,071
Price-to-Rent 30.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.3%
Cap Rate 2.2%
5-Year IRR 9.0%

📈 Home Appreciation

1-Year +6.9% ▲
3-Year CAGR +5.6% ▲
5-Year CAGR +6.8% ▲
10-Year CAGR +7.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
8.1%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.8%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 43022

Population: 3,621

💰 Median Household Income
$93,292
This area
$93,292
State
$68,496
USA
$74,580
🏠 Renter Occupied
29.9%
This area
29.9%
State
25.8%
USA
34.0%
💼 Unemployment Rate
1.1%
This area
1.1%
State
-9.1%
USA
3.7%
🎓 College Educated
46.3%
This area
46.3%
State
8.4%
USA
33.7%
👤 Median Age
21.8 years
This area
21.8 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
8.1%
This area
8.1%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 92.0%
Other/Mixed 4.3%
Black/African American 2.2%
Hispanic/Latino 1.9%
Asian 1.5%
👶 Under 18
12.8%
This area
12.8%
USA
22.0%
👴 65 and Over
11.0%
This area
11.0%
USA
17.3%
📊 Poverty Rate
6.3%
This area
6.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 43022

B Avg School Grade
1 Schools
16.8:1 Avg Class Size
$13,722 Avg Per Pupil

Schools in This ZIP Code

B Good

Wiggin Street Elementary School

📚 Pre-K – 05 Elementary
👥
217 Students
👨‍🏫
16.8:1 Class Size
💰
$13,722 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

3 Nearby
B+
Kenyon College
2,184 students · 3.9 mi
C
Mount Vernon Nazarene University
1,845 students · 7.3 mi
B
Knox County Career Center
110 students · 7.5 mi

Frequently Asked Questions

What is the best play in Gambier, OH?

Gambier, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($386K prices, $1,071/mo rents) make it a reasonable choice.

Do landlords face vacancy issues in Gambier, OH?

Rental vacancy in Gambier, OH is elevated. Investors should budget normal turnover but not chronic empty units.

Is house hacking profitable in Gambier, OH?

House hacking works a challenging in Gambier, OH. Rents of $1,071/mo against $386K acquisition make the strategy solid for owner-occupants.

Is housing expensive in Gambier, OH?

Gambier, OH median home values land near $386K. That is reasonable territory for investors looking at $1,071/mo-per-month rentals.

How strong are rents in Gambier, OH?

Investors in Gambier, OH typically see rents near $1,071/mo per month against $386K home values - a solid setup for rental cash flow.

You know 43022 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 43022 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 43022 ranks in Mount Vernon, OH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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