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

Altoona, PA has a median modeled monthly cash flow of $-65 and a median cap rate of 5.8%, on a median sold price of $140,000. Prices changed +7.8% year over year.

What is the average cap rate in Altoona, PA?

The median cap rate across recently sold homes in Altoona, PA is 5.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Altoona, PA?

The median sold price in Altoona, PA is $140,000 (about $83 per square foot).

Investing in Altoona, PA Real Estate

A data-driven snapshot of the Altoona, 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.

$140,000Median sold price

$83Median $/sqft

5.8%Median cap rate

$-65Modeled cash flow / mo

+7.8%Appreciation YoY

5.2Months of supply

231Active listings

534Sold (last 12 mo)

What the Altoona numbers say

In Altoona, PA, the median home sold for $140,000 (about $83 per square foot), and the typical deal models out to a 5.8% cap rate with a median $-65 of monthly cash flow. Sold prices moved +7.8% over the past year. Inventory sits at about 5.2 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 Altoona cash-flowing listings

CashFlowRE ranks every for-sale home in Altoona, 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 Altoona deals, or browse the national market data.