Lebanon, PA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

139 / 207

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$37,820

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$291,454

Median Home Sale Price

Top Earners

$85,447

Top-Earners Revenue

Lebanon

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lebanon.

Loading top listings...

A

Very Investor friendly

Lebanon Regulations

Lebanon explicitly permits short‑term rentals as an accessory use in every zoning district with no zoning hearing and no caps, with approvals limited to zoning clearance, a business privilege license, and typical building/health/fire compliance.

View Lebanon Regulations →

Local STR Agent

STR specialist · Lebanon, PA

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

About Lebanon

Lebanon is a small city of approximately 26,000 residents and the seat of Lebanon County, set in the rolling farmland of south-central Pennsylvania. Long associated with the Pennsylvania Dutch heritage of the surrounding region, it is best known as a center for Lebanon bologna, a sweet-and-tangy smoked meat developed by German-speaking settlers in the nineteenth century. The city sits about thirty miles east of Harrisburg, the state capital and the nearest major city, with Philadelphia roughly ninety miles to the east and Baltimore a similar distance to the south.

Just to the northwest of Lebanon lies Hershey, roughly fifteen miles up US-422, home to Hersheypark, a sprawling amusement park complex with roller coasters, a zoo, and an adjacent water park, along with Hershey's Chocolate World and the Hershey Gardens. The town draws millions of visitors each year and gives Lebanon a practical, affordable base for travelers who want to experience the resort without paying resort prices.

A short drive south of the city, the historic Victorian community of Mount Gretna sits tucked within the woods of Lebanon County. The borough, founded in the late 1800s as a Methodist camp-meeting retreat, retains its original character with shaded walking paths, the Mount Gretna Playhouse summer theater, and the Jigger Shop ice cream parlor. Each summer the surrounding forest hosts the Mount Gretna Firefly Festival, when thousands of synchronous fireflies draw visitors for a short, magical window in late June.

About seven miles south of downtown Lebanon, the Cornwall Iron Furnace stands as one of the best-preserved colonial-era iron furnaces in the country and a National Historic Landmark. Operated intermittently from 1740 until 1883, the site offers tours of the stack, the casting house, and the museum exhibits that trace the region's industrial heritage. The surrounding Cornwall area also features walking trails along the former iron-ore pits, now filled with water.

For outdoor recreation closer to the city, the Lebanon Valley Rails-to-Trails system offers miles of paved and crushed-stone paths that radiate out from Lebanon, connecting small towns across the county. Cyclists and walkers can travel for hours through the gentle farmland of the Lebanon Valley, with trailheads and parking areas available in several nearby communities.

Lebanon offers short-term-rental owners a compelling combination of small-city convenience, a distinctive regional food culture, and proximity to some of Pennsylvania's most-visited destinations. Hersheypark, Lancaster County's Amish country, and the state capital are all within a short drive, while the surrounding countryside, the historic iron furnace, and Mount Gretna provide year-round appeal for visitors who prefer quieter pursuits.

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