Side-by-side comparison of Johnstown, PA and Lewisburg, PA — cap rates, rent, prices, and investment metrics.
Cash flow: Johnstown has the edge with an estimated cap rate of 5.77% compared to Lewisburg's 3.14%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $115,000 in Johnstown vs $280,000 in Lewisburg, while rents come in at $810/mo and $1,320/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: Johnstown is growing faster at 0.2% annually vs Lewisburg's 0.2%. Johnstown leads on home value appreciation at 2.3% per year.
Costs & risk: Property taxes are 1.38% in Johnstown vs 1.38% in Lewisburg. Vacancy rates of 6% and 6% are mixed — Lewisburg has the tighter rental market.
Entry point: Johnstown offers a lower entry at $115K vs Lewisburg's $280K — a difference of $165K. With a 20% down payment, that's $23K vs $56K. Johnstown combines the lower price with a higher cap rate — a compelling combination.
Bottom line: Johnstown edges out Lewisburg on most key metrics. With a 5.77% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Johnstown or Lewisburg.