Real Estate Investing in York, Pennsylvania (17406)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 17406 (York, PA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 York, PA (17406)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 17406 York
Investors eyeing 17406 need to respect the fundamentals at play. Home values of $299K come alongside slower price movement and elevated management overhead.
The investment case in 17406 is resilient only for operators who understand what they are buying. A $299K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 17406 sits on the difficult end of the PA spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 17406 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 17406 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.
Here's what matters if you're considering buying a home in York:
Property Strategy for 17406
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $227,101 | $1,540 | 4.9% | +8.6% | $113,551 |
| 3BR | $275,168 | $2,070 | 5.4% | +8.0% | $91,723 |
| 4BR | $411,038 | $2,130 | 3.7% | +7.9% | $102,759 |
| 5BR | $503,059 | — | — | +8.2% | $100,612 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 17406 Compare?
| Metric | 17406 | York | York-Hanover, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $299,496 | $260,757 | N/A | $278,018 |
| 5-Year CAGR | 6.2% | 7.4% | N/A | 6.3% |
| Avg Rent | $1,669 | $1,464 | N/A | - |
| Cap Rate | 4.4% | 4.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 17406 (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
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
Burkentine Property Management offers rentals in Hanover, PA. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $299,496 |
| Monthly Rent | $1,669 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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 17406
Population: 24,181
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 17406
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 982 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is York, PA a good market for buy-and-hold investors?
Yes - York, PA a 3.0/5 investability score. With $299K home prices against $1,669/mo monthly rent, the market delivers a reasonable entry point for new investors.
Should investors worry about vacancy in York, PA?
Occupancy in York, PA runs predictable with elevated vacancy. Well-priced units at $1,669/mo lease on reasonable timelines.
Are rents high in York, PA?
Rent in York, PA is around $1,669/mo. The resulting rent-to-value relationship with $299K pricing is reasonable for most investor models.
Does a duplex house hack pencil in York, PA?
The house hack math a challenging in York, PA. Owner-occupant buyers benefit from the $1,669/mo rents and $299K home values.
How landlord-friendly is York, PA?
York, PA operates under PA law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
You know 17406 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 17406 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 17406 ranks in York-Hanover, PA
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