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Selinsgrove vs Somerset for Rental Property Investing

Side-by-side comparison of Selinsgrove, PA and Somerset, PA — cap rates, rent, prices, and investment metrics.

Somerset wins 3–0 across key metrics
Somerset leads on cash flow (3.19% vs 2.87% cap rate) · Selinsgrove leads on population growth
Metric
Selinsgrove, PA
Somerset, PA
Est. Cap Rate
2.87%
3.19%
Median Home Price
$230,000
$170,000
Median Monthly Rent
$1,030
$810
1% Rule
0.45%
0.48%
GRM
18.6x
17.5x
Price / Income
4.8x
3.6x
Property Tax Rate
1.38%
1.38%
Vacancy Rate
6%
6%
Population Growth
0.2% / yr
0.2% / yr
Annual Appreciation
2.3%
2.3%
Population
50,000
50,000
Median Income
$47,800
$47,800

Selinsgrove vs Somerset: Which Is Better for Investors?

Cash flow: Somerset has the edge with an estimated cap rate of 3.19% compared to Selinsgrove's 2.87%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $230,000 in Selinsgrove vs $170,000 in Somerset, while rents come in at $1,030/mo and $810/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Selinsgrove is growing faster at 0.2% annually vs Somerset's 0.2%. Selinsgrove leads on home value appreciation at 2.3% per year.

Costs & risk: Property taxes are 1.38% in Selinsgrove vs 1.38% in Somerset. Vacancy rates of 6% and 6% are mixed — Somerset has the tighter rental market.

Entry point: Somerset offers a lower entry at $170K vs Selinsgrove's $230K — a difference of $60K. With a 20% down payment, that's $34K vs $46K. Somerset combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Somerset edges out Selinsgrove on most key metrics. While cap rates are moderate at 3.19%, Somerset's overall profile is stronger. Use our free calculators to model specific deals in Selinsgrove or Somerset.

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Selinsgrove, PA
2.87% cap rate · $230,000 median · $1,030/mo
Full analysis →
Somerset, PA
3.19% cap rate · $170,000 median · $810/mo
Full analysis →

Frequently Asked Questions

Is Selinsgrove or Somerset better for rental investing?
Somerset wins 3–0 across our 7 key metrics. Somerset's 3.19% cap rate and $170K median price give it the edge overall.
What is the cap rate difference between Selinsgrove and Somerset?
Selinsgrove has a 2.87% cap rate vs Somerset's 3.19% — a difference of 0.32 percentage points. This is a relatively small difference — other factors like growth, taxes, and local market conditions may matter more. For context, the national average is 3.81%.
Which city has lower property taxes?
Somerset has lower property taxes at 1.38% vs 1.38%. On a $200K property, that's a difference of approximately $828/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Selinsgrove is growing at 0.2% annually vs Somerset's 0.2%. Both cities have slow growth — focus on the strongest neighborhoods. Selinsgrove's appreciation rate of 2.3% also leads on home value growth.

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