Real Estate Investing in Canton, Ohio (44718)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44718 (Canton, OH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 32.4 — 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 Canton, OH (44718)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44718 Canton
The 44718 ZIP in Canton, OH is a local-operator market. Outside capital chasing a $378K entry has to pair deep knowledge with the discount.
The investment case in 44718 is durable only for operators who understand what they are buying. A $378K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 44718 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 44718 ZIP's population of 12,809 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
The 44718 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Canton:
Property Strategy for 44718
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $223,930 | $1,080 | 3.5% | +7.0% | $111,965 |
| 3BR | $299,154 | $1,360 | 3.3% | +7.2% | $99,718 |
| 4BR | $433,876 | $1,440 | 2.4% | +7.6% | $108,469 |
| 5BR | $626,839 | — | — | +7.6% | $125,368 |
Market Trends
Home Value History (with trend line)
📊 How Does 44718 Compare?
| Metric | 44718 | Canton | Canton-Massillon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $378,236 | $161,396 | N/A | $237,530 |
| 5-Year CAGR | 6.5% | 7.0% | N/A | 7.4% |
| Avg Rent | $972 | $1,074 | N/A | - |
| Cap Rate | 2.0% | 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 44718 (Canton, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $378,236 |
| Monthly Rent | $972 |
| Price-to-Rent | 32.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (2.0%). 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 44718
Population: 12,809
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 44718
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Clarendon Intermediate School
Harter Elementary School
McKinley High School
Whipple Heights Elementary School
Avondale 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 do home values compare in Canton, OH?
Homes in Canton, OH typically sell near $378K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
Is the tenant base reliable in Canton, OH?
The renter base in Canton, OH is reasonable for the $972/mo price point. Screening well and pricing to market typically yields measured tenants.
Is house hacking profitable in Canton, OH?
House hacking works a challenging in Canton, OH. Rents of $972/mo against $378K acquisition make the strategy solid for owner-occupants.
How landlord-friendly is Canton, OH?
Landlord-friendliness in Canton, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What investment strategy works best in Canton, OH?
Most investors in Canton, OH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 44718 now. You don’t know where it ranks.
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How 44718 ranks in Canton-Massillon, OH
Every ZIP in this metro, ranked. Free.
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