Real Estate Investing in Warren, Ohio (44483)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44483 (Warren, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
- Elevated poverty: 20.8% poverty rate — can affect rent collection.
What’s happening in Warren, OH (44483)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44483 Warren
Not every below-median market is a bargain. Warren's 44483 ZIP clocks in at signals that favor experienced operators who can absorb the risk $140K pricing implies.
The 44483 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 44483 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A notable renter share of 36% in 44483 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Warren:
Property Strategy for 44483
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $100,096 | $1,030 | 7.4% | +12.9% | $50,048 |
| 3BR | $141,907 | $1,340 | 6.8% | +11.1% | $47,302 |
| 4BR | $161,932 | $1,420 | 6.3% | +10.3% | $40,483 |
| 5BR | $190,448 | — | — | +9.6% | $38,090 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44483 Compare?
| Metric | 44483 | Warren | Ohio |
|---|---|---|---|
| Home Value | $140,311 | $164,504 | $237,530 |
| 5-Year CAGR | 8.7% | 8.5% | 7.4% |
| Avg Rent | $1,050 | $993 | - |
| Cap Rate | 5.8% | 5.7% | - |
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 44483 (Warren, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $140,311 |
| Monthly Rent | $1,050 |
| Price-to-Rent | 11.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.0% |
| Cap Rate | 5.8% |
| 5-Year IRR | 14.5% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +8.4% ▲ |
| 5-Year CAGR | +8.7% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.8%). 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 44483
Population: 25,602
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 44483
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Jefferson PK-8 School
McGuffey PK-8 School
Summit Academy Alternative LearnersWarren Middle & Secondary
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 2,419 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Warren, OH for real estate investors?
Our data puts Warren, OH at 3.0/5 for investability. Home prices of $140K and rents around $1,050/mo create a solid backdrop for investor activity.
What is the smart move for investors in Warren, OH?
A careful cash-flow rentals with hands-on management strategy Warren, OH best. The market produces measured results for that approach at the $140K price point.
Do rentals sit vacant long in Warren, OH?
Warren, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Warren, OH suited for a house hack?
House hacking in Warren, OH is reasonable to execute. Prices around $140K and rents of $1,050/mo solid owner-occupant economics.
What is it like being a landlord in Warren, OH?
The landlord environment in Warren, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 44483 now. You don’t know where it ranks.
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How 44483 ranks in Youngstown-Warren-Boardman, OH-PA
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