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Harrisburg, PA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Harrisburg, PA. Based on 30+ datapoints.

Harrisburg, PA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

4.4%

Avg Cash on Cash

-9.6%

Median Cashflow

-$573/mo

Avg Rent Estimate

$2,029/mo

Avg Price

$308,919

Price Range

$137,000 - $516,100

Rent to Price

0.66%

low ratio

Positive Cashflow

8%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Harrisburg, PA

Harrisburg, PA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.4%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 30+ analyzed properties, the median monthly cashflow in Harrisburg, PA is -$573 with average rents of $2,029/month. Properties range from $137,000 to $516,100, offering entry points across multiple investment budgets.

817 S Progress Ave, Harrisburg, PA 17111

Price

$312,100

Rent

$1,911

CachFlow

-$763

CoC

-13.97

Full Analysis

3217 N Scenic Rd, Harrisburg, PA 17109

Price

$280,400

Rent

$1,856

CachFlow

-$573

CoC

-11.68

Full Analysis

3117 Susquehanna St, Harrisburg, PA 17110

Price

$359,600

Rent

$1,981

CachFlow

-$957

CoC

-15.21

Full Analysis

1004 Lakewood Dr, Harrisburg, PA 17109

Price

$331,100

Rent

$2,222

CachFlow

-$437

CoC

-7.54

Full Analysis

5030 Arney Rd, Harrisburg, PA 17111

Price

$240,500

Rent

$2,051

CachFlow

-$174

CoC

-4.13

Full Analysis
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Harrisburg, PA Rental Market Insights

  • Median cashflow is -$573/month — careful deal selection is essential here
  • 4.4% median cap rate is typical of appreciation-focused markets
  • At 8% positive cashflow rate, Harrisburg, PA requires selective property picks
  • Mid-to-upper tier market with properties from $137,000 to $516,100
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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