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MarketsPennsylvaniaGettysburgRent Analysis

Rent Analysis: 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

Rent Overview

The median monthly rent in Gettysburg, PA is $1,210, translating to $14,520 in annual gross rental income per unit. The rent-to-price ratio is 0.37% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Gettysburg spend approximately 30% of the local median household income ($47,800) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.

Vacancy & Tenant Demand

The vacancy rate in Gettysburg is 6%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.2% annually provides stable demand.

Gross Rent Multiplier

Gettysburg's GRM (price divided by annual rent) is 22.4x. A GRM above 16x means the property is expensive relative to its income. Investors here are typically betting on appreciation rather than current cash flow. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $1,210/mo, a single-family rental in Gettysburg generates approximately $14,520 in gross annual income. After accounting for 6% vacancy ($871 lost), property taxes of $4,485, insurance (~$1,300), and maintenance (~$1,300), the estimated NOI is $6,564 per year, or $547/mo.

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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

What is the average rent in Gettysburg, PA?
The median monthly rent in Gettysburg is $1,210, or $14,520 per year. This is 21% below the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Gettysburg a good rental market for landlords?
With a rent-to-price ratio of 0.37%, Gettysburg falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 6% vacancy rate is moderate.
How does Gettysburg rent compare to Pennsylvania averages?
Gettysburg's median rent of $1,210/mo is 3% below the Pennsylvania average of $1,250/mo. Home prices at $325K are above the state average of $244K, giving Gettysburg a rent-to-price ratio of 0.37% vs 0.51% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Gettysburg's ratio is 0.37%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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Explore Gettysburg & Related Markets

More Gettysburg Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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