New Castle, PA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the New Castle short-term rental market based on reliable data.
Listings
11 / 29
Reliable / Active
Cap Rate
17%
Middle-Earners Gross Yield
Revenue
$24,408
Middle-Earners Revenue
Occupancy
59%
Middle-Earners Occupancy
Home Value
$139,951
Median Home Sale Price
Top Earners
$48,364
Top-Earners Revenue
New Castle
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in New Castle.
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Generally Investor friendly
New Castle Regulations
STRs are permitted citywide without caps, but investors must verify zoning, obtain health/safety licensing if renting rooms, and register for state hotel tax and county taxes, creating a moderate but manageable compliance burden.
Local STR Agent
STR specialist · New Castle, PA
About New Castle
New Castle is a city in and the county seat of Lawrence County, Pennsylvania, United States. Located along the Shenango River at the mouth of Neshannock Creek, it is 43 miles (69 km) northwest of Pittsburgh near the Pennsylvania–Ohio border, approximately 17 miles (27 km) southeast of Youngstown, Ohio. As of the 2020 census, the city had a population of 21,926. The commercial center of a fertile agricultural region, New Castle is included in the northwestern part of the Pittsburgh metropolitan area.