Lewistown, PA

Key Performance Metrics

Market snapshot

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

Listings

106 / 155

Reliable / Active

Cap Rate

15%

Middle-Earners Gross Yield

Revenue

$24,647

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$163,335

Median Home Sale Price

Top Earners

$50,403

Top-Earners Revenue

Lewistown

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lewistown.

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Challenging to Investors

Lewistown Regulations

Short‑term rentals are not explicitly referenced in the ordinance—only “residential rental units” are—so owners must confirm nightly rentals are covered; combined with a local manager requirement, triennial inspections, and stiff penalties ($1,000/day for unlicensed operation, escalating violation fines), the compliance burden and enforcement risk outweigh the low $36 annual license fee and $50k insurance.

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About Lewistown

Lewistown is a borough in and the county seat of Mifflin County, Pennsylvania, United States. It is the principal city of the Lewistown, PA Micropolitan Statistical Area, which encompasses all of Mifflin County. It lies along the Juniata River, 61 miles (98 km) northwest of Harrisburg.
The number of people living in the borough in 1900 was 4,451; in 1910, 8,166; in 1940, 13,017; and in 2000, 8,998. The population was 8,561 at the 2020 census. Of the four communities in the United States named "Lewistown", Lewistown, Pennsylvania is the largest.