Elizabethtown, PA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Elizabethtown short-term rental market based on reliable data.

Listings

38 / 76

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$40,877

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$366,604

Median Home Sale Price

Top Earners

$78,546

Top-Earners Revenue

Elizabethtown

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Elizabethtown.

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C

Challenging to Investors

Elizabethtown Regulations

STRs are explicitly allowed only in the downtown business district, creating limited geographic access and forcing many investors to seek zoning variances or operate outside a clear legal path. The regime imposes moderate burdens—annual registration and inspections, liability insurance, local contact, and added parking rules—with substantial fines ($100–$1,000 and escalating) for violations, raising compliance risk and operational complexity.

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About Elizabethtown

Elizabethtown is a small borough in Lancaster County, Pennsylvania, home to roughly 11,000 residents and a charming small-town character shaped in large part by Elizabethtown College, a private liberal arts college that anchors the community. Set amid the rolling farmland of south-central Pennsylvania, the borough serves as a convenient gateway to two of the state's most popular tourism regions: the Hershey resort area to the northwest and the broader Pennsylvania Dutch Country of Lancaster County. Elizabethtown sits about 90 miles west of Philadelphia and roughly 20 miles southeast of Harrisburg, the state capital, placing it within an easy drive of major East Coast population centers.

About ten miles to the northwest, Hersheypark anchors a sprawling entertainment complex that includes roller coasters, a zoo, and the adjacent Hershey's Chocolate World visitor experience. The drive from Elizabethtown typically takes around 15 to 20 minutes, making it an easy day trip for families staying in the area. Together with Hershey's gardens and the surrounding resort amenities, the area draws millions of visitors each year and gives Elizabethtown a steady base of theme-park travelers.

Lancaster city and the surrounding Pennsylvania Dutch Country lie roughly 20 minutes east of Elizabethtown. Visitors come for the working Amish and Mennonite farms, the covered bridges and rolling farmland of the surrounding townships, and the historic downtown of Lancaster, where the Central Market has operated for well over a century. The region blends agricultural heritage with a thriving arts and dining scene, offering a completely different cultural experience from the amusement-park energy of nearby Hershey.

The Susquehanna River flows a short drive west of Elizabethtown, providing opportunities for fishing, boating, and riverside walks, as well as access to the riverfront trails around Harrisburg. About 30 minutes to the northwest, the Pennsylvania State Capitol in Harrisburg offers a striking example of Renaissance Revival architecture and free public tours of the legislative chambers and rotunda, appealing to history-minded visitors and school groups.

For short-term rental investors, Elizabethtown offers an appealing combination of small-town affordability and proximity to some of Pennsylvania's biggest draws. Guests can enjoy a quieter, walkable base while staying within a short drive of Hersheypark, Lancaster's Amish Country, the state capital, and the Susquehanna River, giving the location broad year-round appeal for families, college visitors, and weekend travelers alike.

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