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

Harrisburg, PA has a median modeled monthly cash flow of $49 and a median cap rate of 6.6%, on a median sold price of $175,000. Prices changed +3.7% year over year.

What is the average cap rate in Harrisburg, PA?

The median cap rate across recently sold homes in Harrisburg, PA is 6.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Harrisburg, PA?

The median sold price in Harrisburg, PA is $175,000 (about $112 per square foot).

Investing in Harrisburg, PA Real Estate

A data-driven snapshot of the Harrisburg, 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.

$175,000Median sold price

$112Median $/sqft

6.6%Median cap rate

$49Modeled cash flow / mo

+3.7%Appreciation YoY

4.6Months of supply

269Active listings

701Sold (last 12 mo)

What the Harrisburg numbers say

In Harrisburg, PA, the median home sold for $175,000 (about $112 per square foot), and the typical deal models out to a 6.6% cap rate with a median $49 of monthly cash flow. Sold prices moved +3.7% over the past year. Inventory sits at about 4.6 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 Harrisburg cash-flowing listings

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