Real Estate Investing in Canton, Ohio (44709)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44709 (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.
No major risk flags on the data we track.
What’s happening in Canton, OH (44709)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44709 Canton
In practical terms, ZIP 44709 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $192K median. It rewards specialists, not generalists.
The investment case in 44709 is healthy only for operators who understand what they are buying. A $192K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 44709's metrics run below Stark County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 44709 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. resilient returns are possible in 44709, 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 Canton:
Property Strategy for 44709
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $143,673 | $1,030 | 5.2% | +7.0% | $71,836 |
| 3BR | $176,644 | $1,300 | 5.3% | +6.9% | $58,881 |
| 4BR | $260,573 | $1,380 | 3.8% | +7.0% | $65,143 |
| 5BR | $343,545 | — | — | +6.7% | $68,709 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44709 Compare?
| Metric | 44709 | Canton | Canton-Massillon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $192,360 | $161,396 | N/A | $237,530 |
| 5-Year CAGR | 5.9% | 7.0% | N/A | 7.4% |
| Avg Rent | $1,103 | $1,074 | N/A | - |
| Cap Rate | 4.5% | 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 44709 (Canton, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $192,360 |
| Monthly Rent | $1,103 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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 44709
Population: 18,917
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 44709
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Canton Arts Academy @ Summit
Gibbs Elementary School
Youtz Intermediate School
Belle Stone Elementary School
Crenshaw Middle 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 much should I expect to pay for a home in Canton, OH?
Expect median prices around $192K in Canton, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
How strong is the working-renter base in Canton, OH?
Tenant demand in Canton, OH is solid. The local workforce $1,103/mo rents across most rental classes.
Should investors consider Canton, OH?
The 3.0/5 investability rating in Canton, OH reflects its $192K prices and $1,103/mo rents. Investors generally consider it a solid option within OH.
How should investors approach Canton, OH?
In Canton, OH the durable play is typically careful cash-flow rentals with hands-on management. The combination of $192K prices and $1,103/mo rents suits that approach.
Can owner-occupants cash flow in Canton, OH?
Canton, OH is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $192K price point reasonable to enter.
You know 44709 now. You don’t know where it ranks.
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How 44709 ranks in Canton-Massillon, OH
Every ZIP in this metro, ranked. Free.
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