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Cranberry Twp, PA

Rental Property Investment Guide: Cranberry Twp, PA

Updated 2026 · Based on median market data for Cranberry Twp, PA

Cap Rate
3.14%
Median Price
$345K
Rent/Mo
$1,580
1% Rule
0.46%
Fails

Market Snapshot

Cranberry Twp sits in the Northeast with a population of 35,000 growing rapidly at 1.5% annually. The median home costs $345,000 while rents average $1,580/mo, producing an estimated cap rate of 3.14%. Cash flow investing here requires creative strategies like BRRRR or value-add approaches.

Who Should Invest Here

Cranberry Twp works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 3.14% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.

Deal Criteria for Cranberry Twp

Target properties priced 15-25% below the $345,000 median — around $276,000 or less. At this price point with $1,580/mo rents, your cap rate improves to roughly 4.5%. Factor in 1.32% property taxes ($4,554/yr), budget 5% of gross rent for maintenance, and underwrite to a 4.2% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $2,315.

Risks and Considerations

Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Cranberry Twp property using our cap rate calculator (pre-filled with Cranberry Twp data). Compare Cranberry Twp against similar markets in the Northeast region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

Full Cranberry Twp Analysis →Cap Rate CalculatorBRRRR Calculator

More Cranberry Twp Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

Similar Markets in the Northeast

Brockton, MA$380K · $1,720/mo
3.1%
Warwick, RI$320K · $1,520/mo
3.2%
Providence, RI$330K · $1,580/mo
3.2%
Lowell, MA$380K · $1,720/mo
3.2%
Cranston, RI$335K · $1,550/mo
3.0%
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