Real Estate Investing in Kittanning, Pennsylvania (16201)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16201 (Kittanning, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.7% vacancy may signal weakening demand.
What’s happening in Kittanning, PA (16201)?
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Market Analysis: 16201 Kittanning
This part of Armstrong County is not an easy win. The 16201 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 16201 is impressive only for operators who understand what they are buying. A $183K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within PA, ZIP 16201 trails on several market indicators that neighboring Armstrong County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Demographically, 16201 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 16201 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Kittanning:
Property Strategy for 16201
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $91,346 | $770 | 6.1% | +4.8% | $91,346 |
| 2BR | $132,718 | $1,000 | 5.4% | +7.0% | $66,359 |
| 3BR | $190,826 | $1,300 | 4.9% | +6.2% | $63,609 |
| 4BR | $222,627 | $1,400 | 4.5% | +5.7% | $55,657 |
| 5BR | $219,333 | — | — | +5.0% | $43,867 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 16201 Compare?
| Metric | 16201 | Kittanning | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $183,098 | $151,038 | N/A | $278,018 |
| 5-Year CAGR | 3.9% | 3.4% | N/A | 6.3% |
| Avg Rent | $845 | $859 | N/A | - |
| Cap Rate | 3.6% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16201 (Kittanning, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $183,098 |
| Monthly Rent | $845 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 16201
Population: 16,734
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 16201
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are there empty rentals in Kittanning, PA?
Rental vacancy in Kittanning, PA is elevated. Investors should budget normal turnover but not chronic empty units.
What strategy should investors use in Kittanning, PA?
For Kittanning, PA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What do rentals go for in Kittanning, PA?
Expect rents around $845/mo per month in Kittanning, PA. With home values at $183K, the yield math works out to reasonable levels for rental investors.
Are renters plentiful in Kittanning, PA?
The renter base in Kittanning, PA is reasonable for the $845/mo price point. Screening well and pricing to market typically yields predictable tenants.
Is Kittanning, PA a good market for buy-and-hold investors?
With a 3.0/5 investability score, Kittanning, PA ranks as a solid market for rental property investors. Median prices of $183K and rents of $845/mo drive the underlying numbers.
You know 16201 now. You don’t know where it ranks.
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How 16201 ranks in Pittsburgh, PA
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