Real Estate Investing in Lancaster County, Pennsylvania

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

45 ZIP codes • Population: 553,833

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

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals β€” some positives, some negatives. Worth considering but not a slam-dunk.

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
CLEAN

No major risk flags on the data we track.

What’s happening in Lancaster County, PA?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.5% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $412,375
Avg Monthly Rent $1,403
ZIP Codes 45

Investing in Lancaster County Real Estate

This is a distressed-leaning county in Pennsylvania: Lancaster has 41 cities, 45 ZIPs, and investment math that only works for investors with genuine local understanding.

Across Lancaster's 45 ZIPs, the investment landscape runs tepid: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

The 0% renter share in Lancaster masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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 Lancaster County, PA. Anonymous, moderated, never written by AI.

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Property managers serving Lancaster County

Manage rentals here? List your business →

Susquehanna Realty Management is Central Pennsylvania's residential property management specialist since 2005, offering leasing and association management services. summary from their website

Single-familySmall multifamilyHOA
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American Heritage Property Management. summary from their website

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Compass Property Management LLC provides full-service property management in Lancaster, Chester, and Berks County, Pennsylvania, for owners and renters. summary from their website

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Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$412,375
Avg Monthly Rent
$1,403
1% Rule
βœ— Below
Landlord Friendly (PA)
β˜…β˜…β˜…β˜…β˜†

πŸ“‰ Market Crash Risk Index

Based on Lancaster, PA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
24%
Days Pending
0/2
18 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Lancaster County

13 Colleges 17,660 Students 613 Off-Campus Renters
B
Franklin and Marshall College
4-Year Private Β· 1,911 students
C+
Thaddeus Stevens College of Technology
2-Year Public Β· 1,453 students
C+
Elizabethtown College
4-Year Private Β· 2,152 students
C+
Pennsylvania College of Art and Design
4-Year Private Β· 323 students
C+
Millersville University of Pennsylvania
4-Year Public Β· 6,732 students
πŸ“ ~417 students rent off-campus
C+
Cutting Edge Barber Academy
Vocational For-Profit Β· 28 students
C
Lancaster Bible College
4-Year Private Β· 2,455 students
C
Lancaster County Career and Technology Center
2-Year Public Β· 250 students
πŸ“ ~196 students rent off-campus
C
Pennsylvania College of Health Sciences
4-Year Private Β· 1,770 students
C
Lancaster School of Cosmetology & Therapeutic Bodywork
Vocational For-Profit Β· 393 students
C
Empire Beauty School-Lancaster
Vocational For-Profit Β· 87 students
C
Lancaster Theological Seminary
4-Year Private Β· 61 students
C
Champ's Barber School
Vocational For-Profit Β· 45 students

Investor Insight: With 613 students living off-campus, Lancaster County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Lancaster County

11 more cities available

ZIP Codes in Lancaster County, PA

17603 β˜… β˜… β˜… β˜… β˜…
Lancaster
Population 66,788
Avg Home $312,557
Avg Rent $1,496/mo
17601 β˜… β˜… β˜… β˜… β˜…
Lancaster
Population 56,348
Avg Home $441,589
Avg Rent $1,885/mo
17602 β˜… β˜… β˜… β˜… β˜…
Lancaster
Population 51,461
Avg Home $321,845
Avg Rent $1,353/mo
17543 β˜… β˜… β˜… β˜… β˜…
Lititz
Population 45,606
Avg Home $467,038
Avg Rent $2,022/mo
17522 β˜… β˜… β˜… β˜… β˜…
Ephrata
Population 33,601
Avg Home $375,998
Avg Rent $1,386/mo
17022 β˜… β˜… β˜… β˜… β˜…
Elizabethtown
Population 32,066
Avg Home $368,532
Avg Rent $1,402/mo
17545 β˜… β˜… β˜… β˜… β˜…
Manheim
Population 23,257
Avg Home $399,583
Avg Rent $1,695/mo
17552 β˜… β˜… β˜… β˜… β˜…
Mount Joy
Population 19,747
Avg Home $367,638
Avg Rent $1,453/mo
17512 β˜… β˜… β˜… β˜… β˜…
Columbia
Population 18,235
Avg Home $299,587
Avg Rent $1,318/mo
17557 β˜… β˜… β˜… β˜… β˜…
New Holland
Population 15,229
Avg Home $421,430
Avg Rent $1,470/mo
17517 β˜… β˜… β˜… β˜… β˜…
Denver
Population 15,045
Avg Home $395,440
Avg Rent $1,563/mo
17566 β˜… β˜… β˜… β˜… β˜…
Quarryville
Population 12,276
Avg Home $430,136
Avg Rent $1,709/mo
17551 β˜… β˜… β˜… β˜… β˜…
Millersville
Population 11,884
Avg Home $361,109
Avg Rent $1,578/mo
17584 β˜… β˜… β˜… β˜… β˜…
Willow Street
Population 11,776
Avg Home $381,892
Avg Rent $1,956/mo
17540 β˜… β˜… β˜… β˜… β˜…
Leola
Population 11,172
Avg Home $413,628
Avg Rent $1,622/mo
17547 β˜… β˜… β˜… β˜… β˜…
Marietta
Population 9,100
Avg Home $318,699
Avg Rent $1,693/mo
17578 β˜… β˜… β˜… β˜… β˜…
Stevens
Population 7,716
Avg Home $396,658
Avg Rent $1,134/mo
17554 β˜… β˜… β˜… β˜… β˜…
Mountville
Population 7,561
Avg Home $350,352
Avg Rent $1,404/mo
17569 β˜… β˜… β˜… β˜… β˜…
Reinholds
Population 7,136
Avg Home $392,500
Avg Rent $1,296/mo
17538 β˜… β˜… β˜… β˜… β˜…
Salunga
Population 7,121
Avg Home $447,983
Avg Rent $1,134/mo
17519 β˜… β˜… β˜… β˜… β˜…
East Earl
Population 6,868
Avg Home $440,121
Avg Rent $1,521/mo
17555 β˜… β˜… β˜… β˜… β˜…
Narvon
Population 6,694
Avg Home $483,600
Avg Rent $1,152/mo
17527 β˜… β˜… β˜… β˜… β˜…
Gap
Population 6,479
Avg Home $476,008
Avg Rent $1,359/mo
17579 β˜… β˜… β˜… β˜… β˜…
Strasburg
Population 6,373
Avg Home $460,217
Avg Rent $1,242/mo
17560 β˜… β˜… β˜… β˜… β˜…
New Providence
Population 5,452
Avg Home $426,370
Avg Rent $1,197/mo
17516 β˜… β˜… β˜… β˜… β˜…
Conestoga
Population 5,241
Avg Home $414,592
Avg Rent $1,278/mo
17509 β˜… β˜… β˜… β˜… β˜…
Christiana
Population 5,028
Avg Home $421,942
Avg Rent $1,152/mo
17520 β˜… β˜… β˜… β˜… β˜…
East Petersburg
Population 5,001
Avg Home $365,961
Avg Rent $1,485/mo
17529 β˜… β˜… β˜… β˜… β˜…
Gordonville
Population 4,924
Avg Home $518,240
Avg Rent $1,530/mo
17501 β˜… β˜… β˜… β˜… β˜…
Akron
Population 4,823
Avg Home $350,556
Avg Rent $1,545/mo
17562 β˜… β˜… β˜… β˜… β˜…
Paradise
Population 4,187
Avg Home $480,161
Avg Rent $1,215/mo
17563 β˜… β˜… β˜… β˜… β˜…
Peach Bottom
Population 3,806
Avg Home $434,717
Avg Rent $1,440/mo
17572 β˜… β˜… β˜… β˜… β˜…
Ronks
Population 3,774
Avg Home $511,091
Avg Rent $1,134/mo
17536 β˜… β˜… β˜… β˜… β˜…
Kirkwood
Population 3,680
Avg Home $523,756
Avg Rent $1,017/mo
17532 β˜… β˜… β˜… β˜… β˜…
Holtwood
Population 3,345
Avg Home $422,727
Avg Rent $1,134/mo
17535 β˜… β˜… β˜… β˜… β˜…
Gap
Population 2,651
Avg Home $516,599
Avg Rent $1,476/mo
17502 β˜… β˜… β˜… β˜… β˜…
Bainbridge
Population 2,453
Avg Home $349,344
Avg Rent $1,134/mo
17565 β˜… β˜… β˜… β˜… β˜…
Pequea
Population 2,335
Avg Home $423,170
Avg Rent $1,314/mo
17505 β˜… β˜… β˜… β˜… β˜…
Leola
Population 2,036
Avg Home $606,711
Avg Rent $1,926/mo
17582 β˜… β˜… β˜… β˜… β˜…
Washington Boro
Population 1,711
Avg Home $402,979
Avg Rent $1,431/mo
17518 β˜… β˜… β˜… β˜… β˜…
Drumore
Population 1,371
Avg Home $464,841
Avg Rent $1,170/mo
17508 β˜… β˜… β˜… β˜… β˜…
Brownstown
Population 1,027
Avg Home $411,674
Avg Rent $1,251/mo
19501 β˜… β˜… β˜… β˜… β˜…
Adamstown
Population 950
Avg Home $316,650
Avg Rent $1,134/mo
17550 β˜… β˜… β˜… β˜… β˜…
Maytown
Population 296
Avg Home $318,916
Avg Rent $1,206/mo
17581 β˜… β˜… β˜… β˜… β˜…
Terre Hill
Population 203
Avg Home $351,733
Avg Rent $1,134/mo

Screen every market in Lancaster 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 Lancaster County

Does, PA make sense for an investment property?

Investors tracking, PA will find a 3.0/5 rating supported by $412K median home values and $1,403/mo rents. That profile suits long-term holders targeting consistent returns.

How do home values compare in, PA?

, PA home values average about $412K. That price point suits investors targeting rentals with $1,403/mo in monthly income.

What is the typical rental rate in, PA?

, PA rentals go for roughly $1,403/mo a month. That puts gross yield in solid territory relative to $412K acquisition costs.

Is vacancy a concern in, PA?

Vacancy in, PA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,403/mo.

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