Real Estate Investing in York, Pennsylvania (17403)

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

York County • Population: 40,272 • Data updated: September 2026

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Should you buy in 17403 (York, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

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 York, PA (17403)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $254,916
Avg Monthly Rent $1,362
1% Rule ✗ Does Not Meet
Median Income $65,915
% Renters 36.7%

Market Analysis: 17403 York

ZIP 17403 in York, PA carries a resilient set of headwinds. Home values near $255K and rents of $1,362/mo sit inside a market where underwriting has to be tight.

The 17403 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Regionally, 17403 sits on the difficult end of the PA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.

Demographically, 17403 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.

Strategically, 17403 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in York:

B Good
Buy Confidence Score: 76/100
Affordability
15/25
Appreciation
25/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.9× the median income
Value Trend
Rising (+5.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,362/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
York-Hanover, PA Metro Area
Even conditions for buyers and sellers
23 days
Average time to sell
Fast
12.1%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from York-Hanover, PA metro data
🏠

Property Strategy for 17403

Which property type performs best in this market?

Best for Cash Flow
3BR
4.9% cap rate
Best for Appreciation
5BR
+11.0% 5yr CAGR
Best Overall Value
5BR
$37,891/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $194,187 $1,280 4.7% +10.1% $97,094
3BR $252,448 $1,720 4.9% +9.0% $84,149
4BR $337,180 $1,770 3.8% +8.2% $84,295
5BR $189,456 +11.0% $37,891

Market Trends

Home Value History (with trend line)

$268K$235K$202K$169K$136K$103KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,394$1,326$1,258$1,190$1,121$1,053May 2023Dec 2024Jul 2026

📊 How Does 17403 Compare?

Metric 17403 York York-Hanover, PA Pennsylvania
Home Value $254,916 $260,757 N/A $278,018
5-Year CAGR 7.0% 7.4% N/A 6.3%
Avg Rent $1,362 $1,464 N/A -
Cap Rate 4.2% 4.5% - -
💡 Why Invest in 17403? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 37% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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 ZIP 17403 (York, PA). Anonymous, moderated, never written by AI.

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Property managers serving York County

Manage rentals here? List your business →

Property Management Enterprises, Llc, also known as The Apartment Gallery, provides full-service residential rental real estate management for apartment, townhome, manufactured housing, and single-fam summary from their website

Single-familySmall multifamily
Unclaimed — is this your business? Claim it free

Sherman Property Management offers property management and rentals for apartments, efficiencies, houses, townhouses, and commercial properties in York and Hanover, PA. summary from their website

Single-familySmall multifamilyCommercial
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Burkentine Property Management offers rentals in Hanover, PA. summary from their website

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

Investability
Good
Cap Rate
4.2%
Fair
5yr Growth
+7.0%
Strong

📊 Market Snapshot

Home Value $254,916
Monthly Rent $1,362
Price-to-Rent 15.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.4%
Cap Rate 4.2%
5-Year IRR 11.2%

📈 Home Appreciation

1-Year +5.4% ▲
3-Year CAGR +5.7% ▲
5-Year CAGR +7.0% ▲
10-Year CAGR +7.5% ▲

🏠 Rent Trends

1-Year +8.1% ▲
3-Year CAGR +6.6% ▲
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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.

Vacancy
6.3%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+7.0%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 17403

Population: 40,272

💰 Median Household Income
$65,915
This area
$65,915
State
$73,647
USA
$74,580
🏠 Renter Occupied
36.7%
This area
36.7%
State
23.0%
USA
34.0%
💼 Unemployment Rate
5.6%
This area
5.6%
State
-7.4%
USA
3.7%
🎓 College Educated
30.9%
This area
30.9%
State
12.3%
USA
33.7%
👤 Median Age
38.1 years
This area
38.1 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
6.3%
This area
6.3%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 69.3%
Black/African American 14.7%
Other/Mixed 12.5%
Hispanic/Latino 8.6%
Asian 3.5%
👶 Under 18
22.1%
This area
22.1%
USA
22.0%
👴 65 and Over
16.7%
This area
16.7%
USA
17.3%
📊 Poverty Rate
12.6%
This area
12.6%
USA
11.5%

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 17403

A+ Avg School Grade
12 Schools
13.9:1 Avg Class Size
$22,272 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Davis Sch

📚 Pre-K – 08 School
👥
524 Students
👨‍🏫
13.3:1 Class Size
💰
$24,829 Per Student
A+ Excellent

Goode Sch

📚 Pre-K – 08 School
👥
616 Students
👨‍🏫
14.2:1 Class Size
💰
$24,829 Per Student
A+ Excellent

Hannah Penn

📚 Pre-K – 08 School
👥
662 Students
👨‍🏫
12.4:1 Class Size
💰
$24,829 Per Student
A+ Excellent

Indian Rock El Sch

📚 03 – 05 Elementary
👥
326 Students
👨‍🏫
14.8:1 Class Size
💰
$21,420 Per Student
A+ Excellent

Jackson Sch

📚 Pre-K – 08 School
👥
488 Students
👨‍🏫
12.7:1 Class Size
💰
$24,829 Per Student
A+ Excellent

McKinley Sch

📚 Pre-K – 08 School
👥
567 Students
👨‍🏫
14.4:1 Class Size
💰
$24,829 Per Student
A+ Excellent

Valley View El Sch

📚 K – 02 Elementary
👥
312 Students
👨‍🏫
12.4:1 Class Size
💰
$21,420 Per Student
A+ Excellent

York Suburban SHS

📚 09 – 12 High School
👥
863 Students
👨‍🏫
12.1:1 Class Size
💰
$21,420 Per Student
A Very Good

Loganville-Springfield El Sch

📚 K – 03 Elementary
👥
459 Students
👨‍🏫
16.3:1 Class Size
💰
$18,009 Per Student
A Very Good

Leaders Heights El Sch

📚 K – 03 Elementary
👥
168 Students
👨‍🏫
12.8:1 Class Size
💰
$18,009 Per Student
B+ Above Average

William Penn SHS

📚 09 – 12 High School
👥
1,611 Students
👨‍🏫
16.3:1 Class Size
💰
$24,829 Per Student
B+ Above Average

Dallastown Area Intermediate Sch

📚 04 – 06 School
👥
1,488 Students
👨‍🏫
15.7:1 Class Size
💰
$18,009 Per Student
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

6 Nearby 313 Off-Campus Students
C+
York County School of Technology-Adult & Continuing Education
288 students · 1.6 mi
C
York College of Pennsylvania
3,720 students · 1.9 mi
D
Pennsylvania State University-Penn State York
707 students · 2.2 mi
C
World A Cuts Barber Institute
30 students · 3.1 mi
C
Empire Beauty School-York
95 students · 4.1 mi
D
YTI Career Institute-York
497 students · 5.6 mi

Frequently Asked Questions

What is the investability score for York, PA?

The 3.0/5 investability rating in York, PA reflects its $255K prices and $1,362/mo rents. Investors generally consider it a solid option within PA.

Do landlords face vacancy issues in York, PA?

York, PA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What price range are homes in York, PA?

Homes in York, PA typically sell near $255K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.

How landlord-friendly is York, PA?

PA law landlord-friendly for landlords, and York inherits those rules. Investors should still review local ordinances for rental licensing.

What type of investing works in York, PA?

Most investors in York, PA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

You know 17403 now. You don’t know where it ranks.

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How 17403 ranks in York-Hanover, PA

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Cash Flow → Appreciation → Affordable →
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