Rental numbers for the New Castle, PA metro
The typical home here runs -$480 a month at 7.78% with 25% down, breaking even at about 1.2%. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 9.1%.
- Gross yield
- 7.0%
- typical home, Zillow
- Median ZIP yield
- 9.1%
- 1 ZIPs with full data
- Cash flow
- -$480/mo
- at 7.78%, 25% down
- Typical price
- $165,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $961/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
13 with published figures
| 16102New Castle | $120,000 | $1,110* | 11.1% | 6.0% | -$48 | n/a |
| 16132Hillsville | $119,000 | $1,000* | 10.1% | 5.2% | -$122 | n/a |
| 16160West Pittsburg | $127,000 | $970* | 9.2% | 4.3% | -$231 | n/a |
| 16101New Castle | $125,000 | $949 | 9.1% | 4.3% | -$230 | +6.8% |
| 16112Bessemer | $141,000 | $970* | 8.3% | 4.2% | -$271 | n/a |
| 16117Ellwood City | $160,000 | $1,020* | 7.7% | 3.5% | -$397 | n/a |
| 16157Wampum | $170,000 | $970* | 6.9% | 2.9% | -$503 | n/a |
| 16105New Castle | $220,000 | $1,250* | 6.8% | 2.7% | -$688 | n/a |
| 16141New Galilee | $183,000 | $990* | 6.5% | 2.8% | -$567 | n/a |
| 16116Edinburg | $193,000 | $1,010* | 6.3% | 2.5% | -$634 | n/a |
| 16143Pulaski | $219,000 | $970* | 5.3% | 1.7% | -$866 | n/a |
| 16156Volant | $260,000 | $1,140* | 5.3% | 2.1% | -$933 | n/a |
| 16120Enon Valley | $233,000 | $970* | 5.0% | 1.7% | -$934 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.7%
- Rent, 12 months
- +6.3%
- Rent minus price growth
- +2.6 pts
- Property tax
- 1.25%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $132,788 | n/a |
| Aug 2022 | $147,500 | n/a |
| Aug 2023 | $149,024 | $762 |
| Aug 2024 | $156,786 | $819 |
| Aug 2025 | $159,020 | $904 |
| Aug 2026 | $164,958 | $961 |
Counties
- Lawrence County, PA9.1% median yield
Tools
Test a listing in the New Castle, PA area against today's rate.
Open the calculatorQuestions
- Is the New Castle, PA metro good for rental property?
- The typical home here runs -$480 a month at 7.78% with 25% down, breaking even at about 1.2%. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 9.1%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the New Castle, PA metro have the highest rental yield?
- 16101 (New Castle) at 9.1%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.