Side-by-side comparison of Lebanon, PA and Lewisburg, PA — cap rates, rent, prices, and investment metrics.
Cash flow: Lewisburg has the edge with an estimated cap rate of 3.14% compared to Lebanon's 2.89%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $305,000 in Lebanon vs $280,000 in Lewisburg, while rents come in at $1,370/mo and $1,320/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: Lebanon is growing faster at 0.2% annually vs Lewisburg's 0.2%. Lebanon leads on home value appreciation at 2.3% per year.
Costs & risk: Property taxes are 1.38% in Lebanon vs 1.38% in Lewisburg. Vacancy rates of 6% and 6% are mixed — Lewisburg has the tighter rental market.
Entry point: Lewisburg offers a lower entry at $280K vs Lebanon's $305K — a difference of $25K. With a 20% down payment, that's $56K vs $61K. Lewisburg combines the lower price with a higher cap rate — a compelling combination.
Bottom line: Lewisburg edges out Lebanon on most key metrics. While cap rates are moderate at 3.14%, Lewisburg's overall profile is stronger. Use our free calculators to model specific deals in Lebanon or Lewisburg.