Carlisle, PA

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

198 / 398

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$25,158

Middle-Earners Revenue

Occupancy

60%

Middle-Earners Occupancy

Home Value

$335,106

Median Home Sale Price

Top Earners

$50,785

Top-Earners Revenue

Carlisle

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Carlisle.

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B

Generally Investor friendly

Carlisle Regulations

STRs are clearly permitted and follow the standard rental ordinance; operators must obtain a building permit, zoning permit (and HARB in the Historic District), pass a residential rental inspection, and maintain a Certificate of Compliance valid for 36 months. Fees are moderate (e.g., $55 zoning, building fee schedule), and state sales/hotel taxes apply to stays under 30 days. Enforcement is active with fines and possible imprisonment for non-compliance, but the process is straightforward and manageable.

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About Carlisle

Carlisle is a historic small city in south-central Pennsylvania that serves as the seat of Cumberland County. With a population of roughly 20,000, it carries the feel of a classic Pennsylvania borough — walkable brick streets, federal-era architecture, and a steady college-town rhythm shaped by Dickinson College. The city is best known as the home of Carlisle Barracks and the U.S. Army War College, and as a gateway to outdoor recreation in the surrounding ridge-and-valley landscape. Carlisle sits about 25 miles west of Harrisburg, the state capital, and roughly two hours from both Philadelphia and Washington, D.C.

A defining landmark in Carlisle is the U.S. Army Heritage and Education Center, a free museum and research complex that tells the story of the American soldier from the colonial era to the present. With its outdoor heritage trail, gallery exhibits, and recreated encampments, the center draws military history enthusiasts year-round and is just a few minutes' drive from the downtown square.

Downtown Carlisle itself is a draw, with the Dickinson College campus, the nineteenth-century county courthouse on the square, and a dense cluster of locally owned restaurants, breweries, and antique shops. The town regularly hosts the long-running Carlisle automotive events at the regional fairgrounds as well as smaller street fairs and farmers' markets, and the compact historic core is easy to explore on foot.

Roughly 25 to 30 minutes southwest of the city, Pine Grove Furnace State Park sits at the traditional midpoint of the Appalachian Trail and offers a pair of mountain lakes, a sand beach, miles of hiking and biking trails, and connections to the broader Michaux State Forest. It is one of the most popular outdoor escapes in the region for day-trippers and through-hikers alike. Gettysburg is also within an hour's drive to the south, and Hershey, with its amusement park and chocolate-town attractions, is about 40 minutes to the east.

For short-term rental investors, Carlisle offers a layered appeal: a steady year-round base of military families, college visitors, and business travelers tied to the War College and the regional medical center, layered on top of seasonal spikes during automotive event weekends, fall foliage, and visits to nearby Gettysburg, Hershey, and the Pennsylvania state forests. Its central location, walkable downtown, and easy access to both urban centers and outdoor recreation make it a versatile market for a thoughtfully positioned rental.

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