Gap, PA

Key Performance Metrics

Market snapshot

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

Listings

50 / 62

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$37,423

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$454,498

Median Home Sale Price

Top Earners

$74,171

Top-Earners Revenue

Gap

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Gap.

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Challenging to Investors

Gap Regulations

While STRs are technically legal under Pennsylvania state law, the regulations present significant challenges for investors due to zoning uncertainty in Gap specifically, complex multi-jurisdictional compliance requirements (state, county, local), high tax obligations (6% state + local hotel taxes), and the 'Slice of Life' Supreme Court decision allowing municipalities to ban STRs entirely if not explicitly permitted in zoning ordinances.

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About Gap

Gap is a census-designated place (CDP) and unincorporated community in Salisbury Township, Lancaster County, Pennsylvania, United States, with a ZIP code of 17527. The population was 1,931 at the 2010 census. U.S. Route 30 passes through the town, which is also the terminus for four Pennsylvania highways: 772, 741, 897, and the heavily used 41, which leads toward Wilmington, Delaware. Gap lies approximately 16 miles (26 km) east of Lancaster and 49 miles (79 km) west of Philadelphia.