Lancaster
Pennsylvania · Ranked #138 of 373 metros
82Affordable
💡
Housing in Lancaster costs 3.83× the median income, below the national average of 4.5×. The median home price is $307K and median rent is $1,329/month. Lancaster ranks #138 of 373 metros for affordability.
Median Home Price
🏠$307K
Need $91K income
Median Rent
🔑$1,329
Need $53K income
Building Permits
🔨1,184
annual
Median Income
💰$80K
Pop: 535,523
Rent Burden
⚠️21.6%
of renters paying >30%
Homeownership
🏡69.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Lancaster | National |
|---|---|---|
| Price-to-Income Ratio | 3.83x | 6.1x |
| Rent Burden | 21.6% | 31.5% |
| Homeownership Rate | 69.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +71%Since 2000: +206.1%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,102/mo
1 Bedroom$1,220/mo
2 Bedroom$1,526/mo
3 Bedroom$1,980/mo
4 Bedroom$2,020/mo
Zillow Market Data
Home Value (ZHVI)
$374K
1yr: +4.4%5yr: +40.8%
Rent (ZORI)
$1,515/mo
1yr: +2.8%5yr: +37.0%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$348K
Active Inventory
458
Days on Market
17
Sold Above List
37.7%
Price Drops
28.2%