Bellefonte, PA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

151 / 298

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$26,413

Middle-Earners Revenue

Occupancy

41%

Middle-Earners Occupancy

Home Value

$315,925

Median Home Sale Price

Top Earners

$53,224

Top-Earners Revenue

Bellefonte

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bellefonte.

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B

Generally Investor friendly

Bellefonte Regulations

Bellefonte explicitly permits new STRs in R‑4 and commercial districts with a clear 30‑day approval, low initial fee ($50) and moderate annual renewal ($130), and no nightly caps, but grandfathered R‑1/R‑2 units face a 60‑night limit and operators must comply with parking caps and hotel tax collection, creating moderate but manageable compliance.

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About Bellefonte

Bellefonte is a small historic borough in Centre County, Pennsylvania, with a population of roughly 6,500 residents. As the county seat, it carries a quiet civic importance disproportionate to its size, and its downtown is defined by a remarkable collection of nineteenth-century Victorian architecture, a tree-lined creek, and a small-town atmosphere that feels well removed from the busier parts of the mid-Atlantic. The town is best known as a charming stop in central Pennsylvania's outdoor playground, sitting just northeast of State College and roughly two hundred miles northwest of Philadelphia. It draws visitors who appreciate historic small towns, fly fishing, and easy access to state forests and parks.

One of the town's most distinctive features is Talleyrand Park, a narrow greenway that follows Spring Creek right through the heart of downtown. Within the park sits Big Spring, one of the largest natural springs in Pennsylvania, and the surrounding walking paths, footbridges, and old mill ruins make it a favorite for visitors staying in town. The park is essentially adjacent to the central business district, so guests can step from their rental directly onto the trail.

About seven miles east of Bellefonte, Penn's Cave draws curious travelers from across the region. It is one of the few all-water caverns in the country, with tours that glide visitors through limestone chambers by boat. The same property includes a wildlife park and a variety of family-oriented attractions, making it a natural day trip for guests staying in the area.

Roughly twenty minutes north of town, Bald Eagle State Park wraps around a long, narrow lake nestled in the ridge-and-valley country of the Allegheny Plateau. The park is a year-round draw, with boating, swimming, and fishing in warmer months and cross-country skiing in winter, and it offers the kind of scenic, low-key outdoor experience that complements a downtown stay in Bellefonte.

About twelve miles to the southwest lies State College, home of Pennsylvania State University. Whether or not guests have a university connection, the town offers a much wider slate of restaurants, shops, and cultural events than Bellefonte itself, and it anchors the regional lodging and tourism economy, especially on fall football weekends.

Bellefonte works well as a short-term rental base because it blends small-town charm with genuine proximity to central Pennsylvania's most popular draws. Visitors can spend mornings walking a Victorian downtown, afternoons on a cave boat or a quiet lake, and evenings back in town without ever facing the crowds of a larger destination, which makes the borough an appealing and often more affordable alternative to staying directly in State College.

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