Real Estate Investing in Wayne County, Pennsylvania

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

15 ZIP codes • Population: 42,615

Should you buy in Wayne County, PA? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 37.1% of homes vacant β€” above national norms.

What’s happening in Wayne County, PA?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.6% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $321,597
Avg Monthly Rent $1,080
ZIP Codes 15

Investing in Wayne County Real Estate

Wayne County spans 15 ZIP codes across 15 cities in Pennsylvania, with a population of 42,615. The county's tepid investment metrics reflect deeper structural challenges β€” worth studying before making commitments.

A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Wayne County sits firmly in that category.

Demographics in Wayne show real pressure β€” $N/AK median income is sluggish relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Wayne County, PA. Anonymous, moderated, never written by AI.

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Avg Home Value
$321,597
Avg Monthly Rent
$1,080
1% Rule
βœ— Below
Landlord Friendly (PA)
β˜…β˜…β˜…β˜…β˜†

Cities in Wayne County

ZIP Codes in Wayne County, PA

18436 β˜… β˜… β˜… β˜… β˜…
Lake Ariel
Population 13,225
Avg Home $310,296
Avg Rent $1,197/mo
18431 β˜… β˜… β˜… β˜… β˜…
Honesdale
Population 12,576
Avg Home $300,246
Avg Rent $1,413/mo
18472 β˜… β˜… β˜… β˜… β˜…
Waymart
Population 6,842
Avg Home $286,580
Avg Rent $1,071/mo
18405 β˜… β˜… β˜… β˜… β˜…
Beach Lake
Population 2,611
Avg Home $310,993
Avg Rent $1,350/mo
18438 β˜… β˜… β˜… β˜… β˜…
Lakeville
Population 1,474
Avg Home $456,035
Avg Rent $1,206/mo
18415 β˜… β˜… β˜… β˜… β˜…
Damascus
Population 1,242
Avg Home $359,131
Avg Rent $1,008/mo
18453 β˜… β˜… β˜… β˜… β˜…
Pleasant Mount
Population 1,218
Avg Home $342,487
Avg Rent $1,251/mo
18417 β˜… β˜… β˜… β˜… β˜…
Equinunk
Population 914
Avg Home $341,292
Avg Rent $891/mo
18462 β˜… β˜… β˜… β˜… β˜…
Starrucca
Population 545
Avg Home $291,554
Avg Rent $990/mo
18469 β˜… β˜… β˜… β˜… β˜…
Tyler Hill
Population 506
Avg Home $347,832
Avg Rent $963/mo
18439 β˜… β˜… β˜… β˜… β˜…
Lakewood
Population 418
Avg Home $330,300
Avg Rent $1,017/mo
18443 β˜… β˜… β˜… β˜… β˜…
Milanville
Population 338
Avg Home $351,974
Avg Rent $909/mo
18456 β˜… β˜… β˜… β˜… β˜…
Prompton
Population 305
Avg Home $285,475
Avg Rent $972/mo
18461 β˜… β˜… β˜… β˜… β˜…
Starlight
Population 245
Avg Home $244,091
Avg Rent $1,026/mo
18437 β˜… β˜… β˜… β˜… β˜…
Lake Como
Population 156
Avg Home $265,669
Avg Rent $936/mo

Screen every market in Wayne County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Wayne County

How much rent can I charge in, PA?

Average rent in, PA is approximately $1,080/mo per month. Against $322K home values that yields a reasonable rent-to-price ratio.

What is the typical renter like in, PA?

Tenant demand in, PA is solid. The local workforce $1,080/mo rents across most rental classes.

Is, PA a smart market for rental property?

Yes -, PA a 3.0/5 investability score. With $322K home prices against $1,080/mo monthly rent, the market delivers a reasonable entry point for new investors.

How tight is the rental market in, PA?

, PA sees elevated vacancy, which is reasonable relative to the broader PA rental market.

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