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Columbus, Ohio

ERIKA PONTARELLI COMPART/AFP/Getty Images

Columbus, Ohio

Rank: 9
Price/rent ratio: 5.43
Median sales price: $38,000
Median rent:$636
Vacancy: 8.3%

Pros: Columbus is home to Ohio State University, the nation's largest campus. The college creates a steady flow of tenants.
Cons: The local economy is weakening and risks for landlords are increasing outside the student zone.