Real Estate Investing in Zanesville, Ohio (43701)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43701 (Zanesville, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.1% vacancy may signal weakening demand.
What’s happening in Zanesville, OH (43701)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43701 Zanesville
This part of Muskingum County is not an easy win. The 43701 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $203K asset, 43701 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader OH picture, 43701 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A notable renter share of 37% in 43701 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. robust returns are possible in 43701, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Zanesville:
Property Strategy for 43701
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $98,771 | $850 | 6.2% | +9.9% | $98,771 |
| 2BR | $146,187 | $1,010 | 5.0% | +10.7% | $73,094 |
| 3BR | $220,717 | $1,370 | 4.5% | +8.5% | $73,572 |
| 4BR | $274,470 | $1,490 | 3.9% | +8.8% | $68,617 |
| 5BR | $328,107 | — | — | +7.5% | $65,621 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43701 Compare?
| Metric | 43701 | Zanesville | Zanesville, OH | Ohio |
|---|---|---|---|---|
| Home Value | $203,228 | $203,228 | N/A | $237,530 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.4% |
| Avg Rent | $1,066 | $1,066 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43701 (Zanesville, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $203,228 |
| Monthly Rent | $1,066 |
| Price-to-Rent | 15.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | -2.5% ▼ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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.
Demographics in 43701
Population: 55,674
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 43701
Schools in This ZIP Code
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
Investor Insight: With 683 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are there empty rentals in Zanesville, OH?
Zanesville, OH carries elevated vacancy risk. Expect reliable absorption at market rents of $1,066/mo.
Are eviction rules reasonable in Zanesville, OH?
Zanesville, OH operates under OH law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
Is real estate in Zanesville, OH a good investment right now?
Our data puts Zanesville, OH at 3.0/5 for investability. Home prices of $203K and rents around $1,066/mo create a solid backdrop for investor activity.
Is Zanesville, OH suited for a house hack?
House hacking in Zanesville, OH is reasonable to execute. Prices around $203K and rents of $1,066/mo solid owner-occupant economics.
What monthly rent should investors expect in Zanesville, OH?
Rents in Zanesville, OH run near $1,066/mo. Compared with median home prices of $203K that produces solid gross yields for typical rentals.
You know 43701 now. You don’t know where it ranks.
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How 43701 ranks in Zanesville, OH
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