Real Estate Investing in Canton, Ohio (44708)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44708 (Canton, 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: 9.1% vacancy may signal weakening demand.
What’s happening in Canton, OH (44708)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44708 Canton
The 44708 ZIP in Canton, OH is a local-operator market. Outside capital chasing a $204K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $204K asset, 44708 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 44708 and stronger Canton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Meanwhile, 24,761 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 44708 is an operator game, not a passive one. Stepping back, entry prices of $204K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Canton:
Property Strategy for 44708
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $170,514 | $1,140 | 4.8% | +7.5% | $85,257 |
| 3BR | $181,847 | $1,440 | 5.7% | +7.8% | $60,616 |
| 4BR | $284,313 | $1,520 | 3.8% | +7.9% | $71,078 |
| 5BR | $440,129 | — | — | +7.7% | $88,026 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44708 Compare?
| Metric | 44708 | Canton | Canton-Massillon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $203,509 | $161,396 | N/A | $237,530 |
| 5-Year CAGR | 6.9% | 7.0% | N/A | 7.4% |
| Avg Rent | $1,200 | $1,074 | N/A | - |
| Cap Rate | 4.6% | 5.8% | - | - |
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 44708 (Canton, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 44708 (Canton, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $203,509 |
| Monthly Rent | $1,200 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +7.4% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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 44708
Population: 24,761
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 44708
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Canton Arts Academy @ Summit
Cedar Elementary School
Early Learning Center @ Schreiber
Lake Cable Elementary School
Robert A. Taft Elementary School
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 3,836 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How tight is the rental market in Canton, OH?
Canton, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How strong is tenant demand in Canton, OH?
Tenant demand in Canton, OH is solid. The local workforce $1,200/mo rents across most rental classes.
How strong are rents in Canton, OH?
Canton, OH rentals go for roughly $1,200/mo a month. That puts gross yield in solid territory relative to $204K acquisition costs.
Is OH a landlord-friendly state?
For rental operators, Canton, OH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What are home prices like in Canton, OH?
Typical homes in Canton, OH go for around $204K. The 5-year CAGR of 0.0% even-keeled price movement.
You know 44708 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44708 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.
How 44708 ranks in Canton-Massillon, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 44708 (Canton)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 44708 (Canton, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.