Comparative Study of Gross Rental Yield Outside the City Centre

Our comparative study focuses on the gross rental yield outside the city center, allowing you to compare the potential returns on investment in properties located in different areas. By analyzing rental income and property prices, we help you determine the profitability of investing in properties outside the city center.

As of January 2021, Detroit secured the first position in gross rental yield outside the city center, indicating a potentially high return on investment in rental properties in that area. Lagos ranked second, followed by Cleveland in third place. Seoul, Shenzhen, and Taipei exhibited relatively lower rental yields, suggesting lower returns on investment in those regions.

In January 2022, Lagos claimed the first position in gross rental yield outside the city center, highlighting a potentially lucrative market for rental investments. Memphis secured the second spot, followed by Yangon in third place. Seoul, Shenzhen, and Accra continued to exhibit relatively lower rental yields compared to other areas.

By January 2023, Lagos maintained its first position, indicating a potentially high return on investment in rental properties outside the city center. Yangon secured the second spot, followed by Ahmedabad in third place. Seoul, Taipei, and Shenzhen still exhibited lower rental yields compared to other areas.

Comparing the gross rental yield outside the city center provides valuable insights into the potential profitability of investing in properties in different regions. It helps you evaluate the expected return on investment based on rental income and property prices, enabling you to make informed decisions about investing in properties outside the city center.

Gross Rental Yield Outside of City Centre January 2023 (%, January 2023)

Playstation 5 Amazon
City Country %
1 Lagos Nigeria 72.6
2 Yangon Myanmar 36.6
3 Ahmedabad India 22.1
4 Houston United States 14.7
5 San Juan United States 14.4
5 Dallas United States 14.4
6 Orlando United States 14.3
7 Miami United States 13.6
8 Atlanta United States 13.5
8 Fort Lauderdale United States 13.5
9 Nashville United States 13.4
10 Tampa United States 13.3
11 Antalya Turkey 13
12 Phoenix United States 12.9
13 Pretoria South Africa 12.7
14 Johannesburg South Africa 12.6
14 Yerevan Armenia 12.6
15 Charlotte United States 12.5
16 Tbilisi Georgia 12.4
17 Batumi Georgia 12
18 Chicago United States 11.4
19 Tashkent Uzbekistan 11.3
20 Salt Lake City United States 10.6
20 Limassol Cyprus 10.6
21 Denver United States 10.5
22 Isfahan (Esfahan) Iran 10.4
23 Larnaca Cyprus 10.1
24 Las Vegas United States 9.9
25 Dubai United Arab Emirates 9.8
26 Guadalajara Mexico 9.7
27 Jacksonville United States 9.5
28 Ramallah Palestine 9.2
28 Austin United States 9.2
28 Christchurch New Zealand 9.2
29 Reno United States 9.1
30 Guatemala City Guatemala 9
31 Panama City Panama 8.8
31 Almaty Kazakhstan 8.8
31 Cork Ireland 8.8
31 Raleigh United States 8.8
31 Riyadh Saudi Arabia 8.8
31 Surat India 8.8
32 Albuquerque United States 8.7
32 Quezon City Philippines 8.7
32 Portland United States 8.7
33 Muscat Oman 8.4
33 Durban South Africa 8.4
34 Edmonton Canada 8.3
35 Faisalabad Pakistan 8.2
36 Astana (Nur-Sultan) Kazakhstan 7.9
36 Alexandria Egypt 7.9
37 Abu Dhabi United Arab Emirates 7.8
37 Monterrey Mexico 7.8
37 Dublin Ireland 7.8
37 Tehran Iran 7.8
38 Seattle United States 7.6
39 San Jose United States 7.5
39 Nairobi Kenya 7.5
40 Doha Qatar 7.4
40 Cape Town South Africa 7.4
40 Jeddah (Jiddah) Saudi Arabia 7.4
40 Islamabad Pakistan 7.4
41 Beirut Lebanon 7.3
41 Asuncion Paraguay 7.3
41 Calgary Canada 7.3
41 Columbus United States 7.3
41 Rotterdam Netherlands 7.3
41 San Antonio United States 7.3
42 Los Angeles United States 7.2
42 Adelaide Australia 7.2
42 Amman Jordan 7.2
42 Tripoli Libya 7.2
43 Cairo Egypt 7.1
43 Ankara Turkey 7.1
43 Nicosia Cyprus 7.1
44 Valencia Spain 7
45 Boston United States 6.9
45 Canberra Australia 6.9
46 Bishkek Kyrgyzstan 6.7
47 Santa Cruz Bolivia 6.6
47 Addis Ababa Ethiopia 6.6
47 Lviv Ukraine 6.6
48 Istanbul Turkey 6.5
48 Merida Mexico 6.5
49 Honolulu United States 6.4
49 Cuenca Ecuador 6.4
49 Lahore Pakistan 6.4
49 Kharkiv Ukraine 6.4
50 Chisinau Moldova 6.3
50 Porto Portugal 6.3
51 Santo Domingo Dominican Republic 6.2
51 Caracas Venezuela 6.2
52 Ad Dammam Saudi Arabia 6.1
52 Nanaimo Canada 6.1
52 Baghdad Iraq 6.1
53 Mexico City Mexico 6
53 Kiev (Kyiv) Ukraine 6
54 Quebec City Canada 5.9
54 Liverpool United Kingdom 5.9
54 Marrakech Morocco 5.9
55 Ulaanbaatar Mongolia 5.8
55 Turku Finland 5.8
55 San Diego United States 5.8
55 Reykjavik Iceland 5.8
55 Dnipro Ukraine 5.8
56 Bandung Indonesia 5.7
56 Eindhoven Netherlands 5.7
56 Casablanca Morocco 5.7
56 San Jose United States 5.7
56 Pristina Kosovo 5.7
56 Izmir Turkey 5.7
56 Glasgow United Kingdom 5.7
56 Gent Belgium 5.7
57 Baku Azerbaijan 5.6
57 Coimbra Portugal 5.6
58 Antwerp Belgium 5.5
58 Malaga Spain 5.5
58 Quito Ecuador 5.5
58 Barcelona Spain 5.5
59 Lisbon Portugal 5.4
59 New York United States 5.4
59 Tirana Albania 5.4
59 Turin Italy 5.4
59 Manchester United Kingdom 5.4
60 San Francisco United States 5.3
60 Plovdiv Bulgaria 5.3
60 Phnom Penh Cambodia 5.3
60 Mashhad Iran 5.3
60 Bursa Turkey 5.3
60 Varna Bulgaria 5.3
61 Brasov Romania 5.2
61 Rabat Morocco 5.2
61 Szczecin Poland 5.2
61 Montevideo Uruguay 5.2
61 Lima Peru 5.2
61 Kuala Lumpur Malaysia 5.2
61 Jakarta Indonesia 5.2
61 Brussels Belgium 5.2
62 Utrecht Netherlands 5.1
62 Amsterdam Netherlands 5.1
62 Barranquilla Colombia 5.1
62 La Paz Bolivia 5.1
62 Minsk Belarus 5.1
62 Seville (Sevilla) Spain 5.1
62 The Hague (Den Haag) Netherlands 5.1
62 Tunis Tunisia 5.1
62 Wroclaw Poland 5.1
63 Karachi Pakistan 5
63 Petaling Jaya Malaysia 5
63 Mississauga Canada 5
64 Medellin Colombia 4.9
64 Riga Latvia 4.9
64 Porto Alegre Brazil 4.9
64 Perth Australia 4.9
64 Montreal Canada 4.9
64 Belfast United Kingdom 4.9
64 Bergen Norway 4.9
64 Copenhagen Denmark 4.9
64 Johor Bahru Malaysia 4.9
64 Kuwait City Kuwait 4.9
65 Odessa (Odesa) Ukraine 4.8
65 Noida India 4.8
65 Maribor Slovenia 4.8
65 Coventry United Kingdom 4.8
65 Warsaw Poland 4.8
65 Vladivostok Russia 4.8
65 Rio de Janeiro Brazil 4.8
66 Novosibirsk Russia 4.7
66 Malmo Sweden 4.7
66 Lodz Poland 4.7
66 Guayaquil Ecuador 4.7
66 Belgrade Serbia 4.7
66 Bangalore India 4.7
66 Singapore Singapore 4.7
66 Rome Italy 4.7
66 Sao Paulo Brazil 4.7
67 Belo Horizonte Brazil 4.6
67 Aberdeen United Kingdom 4.6
67 Bogota Colombia 4.6
67 Bologna Italy 4.6
67 Bucharest Romania 4.6
67 Edinburgh United Kingdom 4.6
67 Gdynia Poland 4.6
67 Haarlem Netherlands 4.6
67 Hyderabad India 4.6
67 Katowice Poland 4.6
67 Thessaloniki Greece 4.6
68 Yekaterinburg Russia 4.5
68 Bhubaneswar India 4.5
68 Coimbatore India 4.5
68 Madrid Spain 4.5
69 Sofia Bulgaria 4.4
69 Arhus Denmark 4.4
69 Mersin Turkey 4.4
69 Craiova Romania 4.4
69 Gurgaon India 4.4
69 Podgorica Montenegro 4.4
69 Sibiu Romania 4.4
70 Gdansk Poland 4.3
70 Krakow (Cracow) Poland 4.3
70 Milan Italy 4.3
70 Ostrava Czech Republic 4.3
70 Wellington New Zealand 4.3
70 Constanta Romania 4.3
71 Bialystok Poland 4.2
71 Kaunas Lithuania 4.2
71 Kolkata India 4.2
71 London United Kingdom 4.2
71 Penang Malaysia 4.2
71 Poznan Poland 4.2
71 Rijeka Croatia 4.2
71 Santiago Chile 4.2
71 Tartu Estonia 4.2
71 Vilnius Lithuania 4.2
71 Chittagong Bangladesh 4.2
72 Nice France 4.1
72 Brasilia Brazil 4.1
72 Groningen Netherlands 4.1
72 Hanoi Vietnam 4.1
72 Toronto Canada 4.1
73 Athens Greece 4
73 Timisoara Romania 4
73 Iasi Romania 4
73 Grenoble France 4
73 Gothenburg Sweden 4
73 Espoo Finland 4
73 Curitiba Brazil 4
73 Chennai India 4
73 Brisbane Australia 4
74 Vancouver Canada 3.9
74 Auckland New Zealand 3.9
74 Dhaka Bangladesh 3.9
74 Florence Italy 3.9
74 Helsinki Finland 3.9
74 Kaliningrad Russia 3.9
74 Samara Russia 3.9
74 Stavanger Norway 3.9
74 Toulouse France 3.9
75 Novi Sad Serbia 3.8
75 Melbourne Australia 3.8
75 Linz Austria 3.8
75 Victoria Canada 3.8
75 Ufa Russia 3.8
75 Tampere Finland 3.8
75 Tallinn Estonia 3.8
75 Surabaya Indonesia 3.8
75 Shiraz Iran 3.8
76 Oradea Romania 3.7
76 Saint Helier United Kingdom 3.7
76 Trondheim Norway 3.7
76 Indore India 3.7
76 Eskisehir Turkey 3.7
76 Kazan Russia 3.7
77 Berlin Germany 3.6
77 Kosice Slovakia 3.6
77 Ljubljana Slovenia 3.6
77 Aalborg Denmark 3.6
77 Delhi India 3.6
78 Tromso Norway 3.5
78 Budapest Hungary 3.5
78 Ho Chi Minh City Vietnam 3.5
78 Osijek Croatia 3.5
78 Perm Russia 3.5
78 Pune India 3.5
78 Ramat Gan Israel 3.5
78 Sydney Australia 3.5
78 Voronezh Russia 3.5
78 Zagreb Croatia 3.5
79 Nizhny Novgorod Russia 3.4
79 Geneva Switzerland 3.4
79 Basel Switzerland 3.4
79 Bangkok Thailand 3.4
79 Skopje North Macedonia 3.4
80 Lucknow (Lakhnau) India 3.3
80 Oslo Norway 3.3
80 Moscow Russia 3.3
80 Luxembourg Luxembourg 3.3
80 Bolzano-Bozen Italy 3.3
81 Zadar Croatia 3.2
81 Haifa Israel 3.2
81 Hamburg Germany 3.2
81 Heidelberg Germany 3.2
81 Krasnodar Russia 3.2
81 Olomouc Czech Republic 3.2
81 Stockholm Sweden 3.2
81 Zurich Switzerland 3.2
82 Graz Austria 3.1
82 Bratislava Slovakia 3.1
82 Banja Luka Bosnia and Herzegovina 3.1
82 Kochi India 3.1
82 Debrecen Hungary 3.1
82 Sarajevo Bosnia and Herzegovina 3.1
82 Saint Petersburg Russia 3.1
82 Nis Serbia 3.1
83 Kathmandu Nepal 3
83 Cluj-Napoca Romania 3
84 Lyon France 2.9
84 Prague Czech Republic 2.9
84 Tokyo Japan 2.9
84 Tuzla Bosnia and Herzegovina 2.9
84 Vienna Austria 2.9
85 Innsbruck Austria 2.8
85 Plzen Czech Republic 2.8
85 Dusseldorf Germany 2.8
86 Algiers Algeria 2.7
86 Frankfurt Germany 2.7
86 Manila Philippines 2.7
86 Stuttgart Germany 2.7
86 Taichung Taiwan 2.7
86 Split Croatia 2.7
86 Mumbai India 2.7
86 Brno Czech Republic 2.7
86 Tel Aviv-Yafo Israel 2.7
87 Kaohsiung Taiwan 2.6
87 Chengdu China 2.6
88 Paris France 2.5
88 Nuremberg Germany 2.5
88 Munich Germany 2.5
88 Dubrovnik Croatia 2.5
88 Colombo Sri Lanka 2.5
88 Buenos Aires Argentina 2.5
89 Jerusalem Israel 2.4
89 HsinChu Taiwan 2.4
90 Macao Macau 2.3
91 Hangzhou China 1.8
92 Hong Kong China 1.7
93 Beijing China 1.6
93 Shanghai China 1.6
94 Seoul South Korea 1.4
94 Guangzhou China 1.4
95 Taipei Taiwan 1.3
96 Shenzhen China 1.2

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