Gross rental yield of 6.44% — ranked #146 of 347 Pennsylvania ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +5.3% | +40.6% |
| Market rent | — | — |
Metro: Erie, PA · County: Erie County · Annual rent: $19,248
Similar home values, sorted by yield — the cheapest way to see if 16506 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 17356 | Red Lion | PA | $299,949 | $1,781 | 7.12% | 14.0 | +2.2% |
| 17111 | Harrisburg | PA | $298,432 | $1,671 | 6.72% | 14.9 | +2.8% |
| 17406 | York | PA | $300,663 | $1,668 | 6.66% | 15.0 | +3.0% |
| 19605 | Reading | PA | $300,870 | $1,642 | 6.55% | 15.3 | +3.4% |
| 19111 | Philadelphia | PA | $300,365 | $1,526 | 6.10% | 16.4 | +0.7% |
| 17331 | Hanover | PA | $298,537 | $1,325 | 5.33% | 18.8 | +3.1% |
| 17070 | New Cumberland | PA | $300,560 | $1,092 | 4.36% | 22.9 | +4.5% |
| 15005 | Baden | PA | $298,432 | $795 | 3.20% | 31.3 | +3.7% |
Top rental yields in all of Pennsylvania →
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