Real Estate Investing in Nazareth, Pennsylvania (18064)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 18064 (Nazareth, 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.
No major risk flags on the data we track.
What’s happening in Nazareth, PA (18064)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 18064 Nazareth
ZIP 18064 inside Northampton County looks affordable on the surface — median value of $462K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $462K asset, 18064 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 18064 sits on the difficult end of the PA spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 18064 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 18064 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Nazareth:
Property Strategy for 18064
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $287,720 | $1,540 | 3.9% | +8.8% | $143,860 |
| 3BR | $366,949 | $1,970 | 3.9% | +7.6% | $122,316 |
| 4BR | $567,673 | $2,070 | 2.6% | +8.0% | $141,918 |
| 5BR | $684,136 | — | — | +8.7% | $136,827 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 18064 Compare?
| Metric | 18064 | Nazareth | Pennsylvania |
|---|---|---|---|
| Home Value | $462,472 | $462,472 | $278,018 |
| 5-Year CAGR | 6.1% | 6.1% | 6.3% |
| Avg Rent | $1,877 | $1,877 | - |
| Cap Rate | 3.2% | 3.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 18064 (Nazareth, PA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 18064 (Nazareth, PA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $462,472 |
| Monthly Rent | $1,877 |
| Price-to-Rent | 20.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 18064
Population: 27,073
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 18064
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
Investor Insight: With 1,269 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the rental occupancy rate in Nazareth, PA?
Occupancy in Nazareth, PA runs steady with elevated vacancy. Well-priced units at $1,877/mo lease on reasonable timelines.
What investment strategy works best in Nazareth, PA?
In Nazareth, PA the durable play is typically careful cash-flow rentals with hands-on management. The combination of $462K prices and $1,877/mo rents suits that approach.
Does Nazareth, PA make sense for an investment property?
With a 3.0/5 investability score, Nazareth, PA ranks as a solid market for rental property investors. Median prices of $462K and rents of $1,877/mo drive the underlying numbers.
Is Nazareth, PA good for house hacking?
House hacking in Nazareth, PA is a challenging. With home values around $462K and rents at $1,877/mo, owner-occupants can offset a meaningful share of PITI.
What do landlords charge for rent in Nazareth, PA?
Expect rents around $1,877/mo per month in Nazareth, PA. With home values at $462K, the yield math works out to reasonable levels for rental investors.
You know 18064 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 18064 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 18064 ranks in Allentown-Bethlehem-Easton, PA-NJ
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 18064 (Nazareth)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 18064 (Nazareth, PA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.