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

Harrisburg, PA has a median modeled monthly cash flow of $129 and a median cap rate of 7.2%, on a median sold price of $155,000. Prices changed +6.3% year over year.

What is the average cap rate in Harrisburg, PA?

The median cap rate across recently sold homes in Harrisburg, PA is 7.2%, 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 $155,000 (about $102 per square foot).

Investing in Harrisburg, PA Real Estate

#162 cash-flow market in the U.S.

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.

$155,000Median sold price

$102Median $/sqft

7.2%Median cap rate

$129Modeled cash flow / mo

+6.3%Appreciation YoY

8.0Months of supply

353Active listings

529Sold (last 12 mo)

What the Harrisburg numbers say

In Harrisburg, PA, the median home sold for $155,000 (about $102 per square foot), and the typical deal models out to a 7.2% cap rate with a median $129 of monthly cash flow. Sold prices moved +6.3% over the past year. Inventory sits at about 8.0 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 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.