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MarketsPennsylvaniaGettysburgRental Property Investment Guide

Rental Property Investment Guide: Gettysburg, PA

Updated 2026 · Based on median market data for Gettysburg, PA

Cap Rate
2.02%
Median Price
$325K
Rent/Mo
$1,210
1% Rule
0.37%
Fails

Market Snapshot

Gettysburg sits in the Northeast with a population of 50,000 growing at 0.2% annually. The median home costs $325,000 while rents average $1,210/mo, producing an estimated cap rate of 2.02%. Cash flow investing here requires creative strategies like BRRRR or value-add approaches.

Who Should Invest Here

Gettysburg works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 2.02% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.

Deal Criteria for Gettysburg

Target properties priced 15-25% below the $325,000 median — around $260,000 or less. At this price point with $1,210/mo rents, your cap rate improves to roughly 3.1%. Factor in 1.38% property taxes ($4,485/yr), budget 5% of gross rent for maintenance, and underwrite to a 6% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $2,203.

Risks and Considerations

Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Gettysburg property using our cap rate calculator (pre-filled with Gettysburg data). Compare Gettysburg against similar markets in the Northeast region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Gettysburg Compares

Gettysburg vs Pennsylvania state average and national average across key investment metrics. Gettysburg's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Gettysburg
Pennsylvania Avg
National Avg
Cap Rate
2.02%
3.81%
3.81%
Median Price
$325K
$244K
$333K
Median Rent
$1,210
$1,250
$1,524
Property Tax
1.38%
1.38%
1.08%
Vacancy
6%
6%
5.6%
Pop. Growth
0.2%/yr
0.2%/yr
0.9%/yr

Nearby Northeast Markets

City
Cap Rate
Price
Rent
Tax
Gettysburg, PA
2.0%
$325K
$1,210
1.38%
Lewiston, ME
3.3%
$315K
$1,510
1.28%
New Bedford, MA
3.4%
$310K
$1,480
1.2%
Ithaca, NY
4.0%
$340K
$1,970
1.71%
State College, PA
3.2%
$340K
$1,610
1.38%

Frequently Asked Questions

Is Gettysburg, PA a good place to invest in rental property?
Gettysburg has an estimated cap rate of 2.02%, which is below the national average of 3.81%. With median home prices at $325K and rents of $1,210/mo, pure cash flow investing in Gettysburg is challenging at median prices, but value-add strategies can work. Population growth of 0.2% and 6% vacancy rate suggest moderate rental demand.
What is the average cap rate in Gettysburg?
The estimated cap rate for Gettysburg is 2.02%, based on median home prices of $325K, median rents of $1,210/mo, a 1.38% property tax rate, and 6% vacancy. This compares to a 3.81% average across Pennsylvania and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Gettysburg?
The median home price in Gettysburg is $325,000, which is 3% below the national average of $333,419. A 20% down payment would be approximately $65,000. Investment properties in Gettysburg range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Gettysburg property taxes for investors?
Gettysburg's effective property tax rate is 1.38%, which is above the Pennsylvania average of 1.38% and above the national average of 1.08%. On a $325K property, annual taxes are approximately $4,485 ($374/mo). Property taxes are moderate and manageable.
Full Gettysburg Analysis →Cap Rate CalculatorBRRRR Calculator

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