Is Allegheny, PA a good place to invest in rental property?

Allegheny, PA has a median modeled monthly cash flow of $-539 and a median cap rate of 2.8%, on a median sold price of $242,500. Prices changed -3.6% year over year.

What is the average cap rate in Allegheny, PA?

The median cap rate across recently sold homes in Allegheny, PA is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Allegheny, PA?

The median sold price in Allegheny, PA is $242,500 (about $147 per square foot).

Investing in Allegheny, PA Real Estate

A data-driven snapshot of the Allegheny, PA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$242,500Median sold price

$147Median $/sqft

2.8%Median cap rate

$-539Modeled cash flow / mo

-3.6%Appreciation YoY

6.8Months of supply

80Active listings

141Sold (last 12 mo)

What the Allegheny numbers say

In Allegheny, PA, the median home sold for $242,500 (about $147 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-539 of monthly cash flow. Sold prices moved -3.6% over the past year. Inventory sits at about 6.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Pennsylvania markets to compare

See Allegheny cash-flowing listings

CashFlowRE ranks every for-sale home in Allegheny, PA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Allegheny deals, or browse the national market data.