Real Estate Investing in Pennsylvania — 2026

We track 2 markets in Pennsylvania with detailed investment metrics. Most cities here score highest for brrrr investing.

Last updated: May 2026

Avg Cap Rate

6.4%

Avg Home Price

$210,000

Avg Rent

$1,375/mo

Avg Vacancy

9.6%

Pennsylvania Investment Markets

CityCap RateMedian PriceRentGrowthBest Strategy
Pittsburgh7.2%$180,000$1,250-0.5%BRRRR
Philadelphia5.6%$240,000$1,500-0.8%BRRRR

Best Strategy for Pennsylvania

Based on our analysis, the dominant strategy across Pennsylvania markets is BRRRR investing. 2/2 cities in the state score highest for this approach. Markets ranked by BRRRR viability — factoring in affordable entry prices, cap rates, population growth, and rent-to-price ratio.

View BRRRR Rankings

Frequently Asked Questions

How many real estate investment markets do you track in Pennsylvania?

We track 2 markets in Pennsylvania: Pittsburgh, Philadelphia. Each market is analyzed across 10+ metrics including cap rates, rent-to-price ratios, vacancy rates, and population growth.

What is the average cap rate in Pennsylvania?

The average cap rate across our tracked Pennsylvania markets is 6.4%. Pittsburgh has the highest cap rate at 7.2%. Average median home price is $210,000.

Is Pennsylvania good for real estate investing?

Pennsylvania offers investment potential. The average vacancy rate is 9.6% and average property tax rate is 1.76%. Population trends vary by market — focus on cities with strong local economies.

Which city in Pennsylvania has the best cap rate?

Pittsburgh, PA has the highest average cap rate in Pennsylvania at 7.2%, with a median home price of $180,000 and median rent of $1,250.

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