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

Lancaster, PA has a median modeled monthly cash flow of $-567 and a median cap rate of 4.2%, on a median sold price of $291,500. Prices changed +1.1% year over year.

What is the average cap rate in Lancaster, PA?

The median cap rate across recently sold homes in Lancaster, PA is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lancaster, PA?

The median sold price in Lancaster, PA is $291,500 (about $190 per square foot).

Investing in Lancaster, PA Real Estate

A data-driven snapshot of the Lancaster, 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.

$291,500Median sold price

$190Median $/sqft

4.2%Median cap rate

$-567Modeled cash flow / mo

+1.1%Appreciation YoY

4.2Months of supply

409Active listings

1,158Sold (last 12 mo)

What the Lancaster numbers say

In Lancaster, PA, the median home sold for $291,500 (about $190 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-567 of monthly cash flow. Sold prices moved +1.1% over the past year. Inventory sits at about 4.2 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 Lancaster cash-flowing listings

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