Side-by-side comparison of York, PA and Harrisburg, PA — cap rates, rent, prices, and investment metrics.
Cash flow: Harrisburg has the edge with an estimated cap rate of 5.18% compared to York's 4.96%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $165,000 in York vs $155,000 in Harrisburg, while rents come in at $1,050/mo and $1,020/mo respectively.
Growth & appreciation: York is growing faster at 0.1% annually vs Harrisburg's 0.1%. York leads on home value appreciation at 2.2% per year.
Costs & risk: Property taxes are 1.38% in York vs 1.4% in Harrisburg. Vacancy rates of 6.5% and 6.5% are mixed — Harrisburg has the tighter rental market.
Bottom line: Harrisburg edges out York on most key metrics. With a 5.18% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in York or Harrisburg.