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

Altoona, PA has a median modeled monthly cash flow of $-43 and a median cap rate of 5.9%, on a median sold price of $142,750. Prices changed +15.6% year over year.

What is the average cap rate in Altoona, PA?

The median cap rate across recently sold homes in Altoona, PA is 5.9%, 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 $142,750 (about $85 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.

$142,750Median sold price

$85Median $/sqft

5.9%Median cap rate

$-43Modeled cash flow / mo

+15.6%Appreciation YoY

9.6Months of supply

374Active listings

466Sold (last 12 mo)

What the Altoona numbers say

In Altoona, PA, the median home sold for $142,750 (about $85 per square foot), and the typical deal models out to a 5.9% cap rate with a median $-43 of monthly cash flow. Sold prices moved +15.6% over the past year. Inventory sits at about 9.6 months of supply — a looser, buyer-friendly market. 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.