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

Philadelphia, PA has a median modeled monthly cash flow of $-993 and a median cap rate of 3.5%, on a median sold price of $290,000. Prices changed +1.9% year over year.

What is the average cap rate in Philadelphia, PA?

The median cap rate across recently sold homes in Philadelphia, PA is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Philadelphia, PA?

The median sold price in Philadelphia, PA is $290,000 (about $213 per square foot).

Investing in Philadelphia, PA Real Estate

A data-driven snapshot of the Philadelphia, 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.

$290,000Median sold price

$213Median $/sqft

3.5%Median cap rate

$-993Modeled cash flow / mo

+1.9%Appreciation YoY

0.2Months of supply

174Active listings

12,709Sold (last 12 mo)

What the Philadelphia numbers say

In Philadelphia, PA, the median home sold for $290,000 (about $213 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-993 of monthly cash flow. Sold prices moved +1.9% over the past year. Inventory sits at about 0.2 months of supply — a tight, seller-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 Philadelphia cash-flowing listings

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