Midtown
Revitalizing, walkable, steady demand.
Harrisburg, PA
Is Harrisburg a good place to buy rental property in 2026?
Short answer: yes — for balanced buy-and-hold. Harrisburg's median cap rate of about 7.0% (Pennsylvania state median) sits near the ~6.5% national median, with typical rent at $1,493–$1,920/mo and Pennsylvania property tax near 1.49%.
Harrisburg, Pennsylvania's capital, pairs state-government stability with logistics employment and affordable entry — dependable, low-volatility demand.
Harrisburg market snapshot
Balanced marketMid-range cap rates — cash flow and appreciation are both realistically on the table.
Typical cap rate
7.0%
Pennsylvania state median
Typical rent
$1,493–$1,920/mo
HUD FMR · 2–3BR · 2026
Typical price
$180,000–$270,000
est., all-in
Property tax
1.49%
Pennsylvania effective
Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.
Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.
Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated July 2026
Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.
What rents actually look like in Harrisburg
One number never tells the story — HUD publishes ZIP-level Small Area Fair Market Rents for the Harrisburg-Carlisle, PA metro area, the metro-wide FMR region that includes Harrisburg, and the spread across its ZIP codes is where deals are won or lost. Same purchase price, different ZIP, very different rent.
| ZIP code | 2BR rent | 3BR rent |
|---|---|---|
| 17050 | $1,880/mo | $2,420/mo |
| 17111 | $1,650/mo | $2,120/mo |
| 17027 | $1,520/mo | $1,980/mo |
| 17121 | $1,500/mo | $1,930/mo |
| 17129 | $1,500/mo | $1,930/mo |
| 17006 | $1,390/mo | $1,790/mo |
| 17048 | $1,300/mo | $1,670/mo |
| 17053 | $1,230/mo | $1,580/mo |
| 17098 | $1,140/mo | $1,470/mo |
| 17978 | $1,080/mo | $1,390/mo |
| 17030 | $1,040/mo | $1,340/mo |
| 17938 | $1,040/mo | $1,340/mo |
Showing 12 of 82 ZIP codes in the Harrisburg-Carlisle, PA metro area — the HUD FMR region that includes Harrisburg — sampled highest to lowest across the rent range. Source: HUD FY2026 Small Area Fair Market Rents. TrueCap auto-fills the exact ZIP-level figure when you enter a Harrisburg address.
Why Harrisburg works for rental investors
Recession-resistant government jobs and reasonable prices make for steady cash flow. A solid core market with modest appreciation.
See the full Pennsylvania investing guide — taxes, landlord law & top metros →
Neighborhoods to look at in Harrisburg
Camp Hill
Suburb; desirable, low vacancy.
Allison Hill
Value-add, higher cash flow.
Neighborhood notes are starting points, not recommendations — always underwrite the specific property.
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Paste a Harrisburg address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Pennsylvania tax and HUD rent so you start from the right assumptions.
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