Erie, PA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Erie, PA. Based on 15+ datapoints.
Erie, PA Short-Term Rental / Airbnb Investment Snapshot
Based on 15+ short-term rental / airbnb datapoints
Median Cap Rate
3.6%
Avg Cash on Cash
-7.1%
Median Cashflow
-$467/mo
Avg Rent Estimate
$2,533/mo
Avg Price
$299,380
Price Range
$75,800 - $629,000
Rent to Price
0.85%
okay ratio
Positive Cashflow
36%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Erie, PA
Erie, PA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.6%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 15+ analyzed properties, Erie, PA STR investments show a median monthly cashflow of -$467 with an average estimated nightly-rate-adjusted revenue of $2,533/month. These figures reflect real property data, not projections.
Erie, PA Airbnb Market Insights
- •Median cashflow is -$467/month — careful deal selection is essential here
- •3.6% median cap rate is typical of appreciation-focused markets
- •At 36% positive cashflow rate, Erie, PA requires selective property picks
- •Mid-to-upper tier market with properties from $75,800 to $629,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs