One of the best-kept secrets to long-term profit in real estate investing? Tenant retention.
If you’re a woman building long-term wealth through real estate, knowing where tenants are most likely to stay can give you a major edge.
There’s nothing more satisfying for a real estate investor than having long-term tenants who plan on staying put. These golden tenants are not easy to find, but you can improve your chances by looking into states people seem to never want to leave.
These five states combine economic strength, lifestyle perks, and housing demand, making them perfect for steady rental income!
1. Texas
82% of native-born Texans still live in the state as of 2021, according to the Federal Reserve Bank of Dallas.
The one-two punch of economic vitality and tax benefits has found residents struggling to find a reason to leave.
Pro Tip: Invest in North Dallas suburbs like Frisco and McKinney, they’re expanding fast and attracting long-term tenants.
2. Florida
From 2021 to 2022, nearly 739,000 people moved to Florida. It’s no secret that people who move to the sunshine state tend to stay.
Whether it’s retirees settling down or professionals relocating for flexibility, housing demand is strong.
Pro Tip: Look into Gulf Coast cities like Sarasota or Cape Coral. These are affordable, desirable, and ripe for mid-term and long-term leases.
3. Georgia
From 2021 to 2022, Georgia has ranked in the top 10 fastest-growing states, with Metro Atlanta adding over 70,000 residents in 2023 alone (U.S. Census).
Suburban renters in the state often stay put thanks to job stability and lower cost of living.
Pro Tip: Target counties like Cobb, Henry, and Gwinnett for family-friendly rentals and lower turnover.
4. Utah
Utah has a home-state retention rate of 74%, with many native Utahns choosing to stay (U.S. Census & University of Utah).
Low crime, excellent schools, and growing tech jobs in the “Silicon Slopes” make Utah ideal for tenants who want to settle down.
Pro Tip: Focus on SLC suburbs like Lehi and Draper, where rental demand meets community values.
5. Arizona
Arizona ranked #5 in inbound migration, but Phoenix metro also reports a renter retention rate above national averages.
Affordable lifestyle + sun = long-term renter satisfaction.
Pro Tip: Check out Gilbert, Chandler, and Surprise, suburbs where people rent for years.
Final Thoughts
Short-term rentals are best suited to tourist hot spots, and longer-term tenants can be found in economically stable areas with long-term job growth and employment.
Remember: Not every city in a state is equal in terms of its retention rates.
Do your research, and you could be setting yourself up for continuous cash flow.
