Rental numbers for Franklin County, PA
The typical home here runs -$1,019 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.0%.
- Gross yield
- 5.6%
- typical home, Zillow
- Median ZIP yield
- 6.0%
- 4 ZIPs with full data
- Cash flow
- -$1,019/mo
- at 7.78%, 25% down
- Typical price
- $291,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,346/mo
- Zillow ZORI, Aug 2026
ZIP codes in Franklin County
18 with published figures
| 17237Mont Alto | $230,000 | $1,600* | 8.3% | 4.5% | -$367 | n/a |
| 17224Fort Loudon | $231,000 | $1,320* | 6.9% | 3.2% | -$633 | n/a |
| 17265Upper Strasburg | $232,000 | $1,280* | 6.6% | 3.6% | -$552 | n/a |
| 17220Doylesburg | $251,000 | $1,380* | 6.6% | 3.5% | -$615 | n/a |
| 17252Saint Thomas | $263,000 | $1,410* | 6.4% | 2.6% | -$852 | n/a |
| 17221Fannettsburg | $230,000 | $1,190* | 6.2% | 2.9% | -$677 | n/a |
| 17219Doylesburg | $249,000 | $1,280* | 6.2% | 3.1% | -$691 | n/a |
| 17225Greencastle | $330,000 | $1,689 | 6.1% | 2.9% | -$997 | n/a |
| 17268Waynesboro | $278,000 | $1,408 | 6.1% | 2.8% | -$851 | n/a |
| 17201Chambersburg | $255,000 | $1,240 | 5.8% | 2.4% | -$865 | +2.5% |
| 17222Fayetteville | $285,000 | $1,340* | 5.7% | 2.3% | -$979 | n/a |
| 17240Newburg | $361,000 | $1,670* | 5.5% | 2.3% | -$1,251 | n/a |
| 17236Mercersburg | $295,000 | $1,330* | 5.4% | 2.0% | -$1,095 | n/a |
| 17244Orrstown | $295,000 | $1,290* | 5.3% | 2.1% | -$1,073 | n/a |
| 17202Chambersburg | $319,000 | $1,356 | 5.1% | 1.9% | -$1,207 | n/a |
| 17214Blue Ridge Summit | $280,000 | $1,080* | 4.6% | 1.6% | -$1,130 | n/a |
| 17271Willow Hill | $286,000 | $1,080* | 4.5% | 1.6% | -$1,171 | n/a |
| 17262Spring Run | $291,000 | $1,080* | 4.5% | 1.4% | -$1,237 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.1%
- Rent, 12 months
- +2.1%
- Rent minus price growth
- -0.1 pts
- Property tax
- 1.10%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $237,425 | $1,032 |
| Aug 2022 | $257,889 | $1,138 |
| Aug 2023 | $267,823 | $1,205 |
| Aug 2024 | $276,960 | $1,275 |
| Aug 2025 | $284,572 | $1,319 |
| Aug 2026 | $290,638 | $1,346 |
HUD Fair Market Rent
FY2027, Chambersburg, PA MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $923 | $1,071 | $1,325 | $1,770 | $1,900 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 12.6
- 800 units, last 12 months
- National percentile
- 78th
- among US counties
Tools
Test a listing in Franklin County against today's rate.
Open the calculatorPart of the Chambersburg, PA metro.
Questions
- Is Franklin County good for rental property?
- The typical home here runs -$1,019 a month at 7.78% with 25% down. 0 of 4 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.0%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Franklin County?
- About 1.10% of value, from Census ACS median taxes paid over median home value. On a $291,000 home that is about $3,188 a year.
- What is Fair Market Rent in Franklin County?
- HUD's FY2027 Fair Market Rent here is $1,071 for a 1-bedroom, $1,325 for a 2-bedroom and $1,770 for a 3-bedroom. Typical cash flow at today's rate is -$1,019 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.