Honesdale, PA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

40 / 64

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$26,628

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$296,028

Median Home Sale Price

Top Earners

$72,260

Top-Earners Revenue

Honesdale

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Honesdale.

Loading top listings...

B

Generally Investor friendly

Honesdale Regulations

STRs are permitted countywide and in R-2 zones via conditional use hearing plus a county STR permit, with straightforward tax registration (6% state sales tax + 3% county hotel tax). The public hearing introduces uncertainty and time, yet there are no hard caps or bans noted, so requirements are known and manageable, keeping investor risk moderate.

View Honesdale Regulations →

Local STR Agent

STR specialist · Honesdale, PA

Trusted Expert
Get Expert Help In Honesdale
Free consultation Response within 24h

About Honesdale

Honesdale is a small borough in northeastern Pennsylvania that serves as the county seat of Wayne County, with a population of roughly 4,000 residents. The town has a quiet, small-town character rooted in its nineteenth-century industrial heritage, and it is widely recognized as the birthplace of the American railroad: in 1829, the Stourbridge Lion, the first commercial steam-powered locomotive to operate on a chartered railroad in the United States, made its historic run on a track just outside town. Today, Honesdale functions as a gateway to the Pocono Mountains and the broader Endless Mountains region of Pennsylvania, drawing visitors year-round for outdoor recreation, fall foliage, and small-town charm. It sits approximately thirty miles north of Scranton and roughly a two-hour drive from New York City and the northern suburbs of Philadelphia.

The town's railroad heritage remains one of its most distinctive draws. Visitors can learn about the Stourbridge Lion and the Delaware & Hudson Canal Company at local historical exhibits, where a replica of the locomotive and related artifacts are on display. A modest walk through Honesdale's central business district reveals late-Victorian storefronts, brick row buildings, and locally owned shops and cafes that reflect the borough's nineteenth-century prosperity as a coal and canal hub.

A short drive south of Honesdale brings visitors to Lake Wallenpaupack, a roughly 5,700-acre reservoir in the Poconos that is one of the most popular outdoor recreation destinations in the region. The lake is about twenty minutes from town and supports boating, fishing, swimming, and lakeside dining, with surrounding communities offering public access points, marinas, and resort amenities that draw a steady stream of vacationers through every season.

To the north and east, the Upper Delaware River corridor offers scenic drives, river access, and the protected landscapes of the Upper Delaware Scenic and Recreational River, a National Park Service unit known for trout fishing, tubing, and the wooded ridgelines along the Pennsylvania–New York border. The drive from Honesdale to popular river towns such as Narrowsburg and Milford is roughly twenty to thirty minutes, depending on the route.

Closer to town, the surrounding Wayne County countryside is dotted with working farms, covered bridges, and forest trails that attract leaf-peepers in autumn and hikers in summer. Nearby state parks and conservation areas provide additional options for swimming, picnicking, and wildlife watching, rounding out the outdoor appeal of the region.

Honesdale's combination of a walkable historic core, easy access to Lake Wallenpaupack and the Upper Delaware, and proximity to larger metropolitan areas makes it a compelling base for short-term rentals. Guests can enjoy a peaceful small-town atmosphere while remaining within easy reach of the Poconos' recreation economy and the steady tourist traffic that flows through the Endless Mountains each year.

startup landing logo

Copyright © 2026 HomeRun Analytics, Inc

Explore

HomeCountry ExplorerProperty Analyzer

Resources

Market ComparatorRegulationsBlog

Trusted by STR investors in 50+ U.S. states

Built by investors, for investors

STRProfitMap® is a registered trademark of HomeRun Analytics, Inc