Palmyra, PA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

49 / 90

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$47,484

Middle-Earners Revenue

Occupancy

49%

Middle-Earners Occupancy

Home Value

$333,571

Median Home Sale Price

Top Earners

$90,020

Top-Earners Revenue

Palmyra

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Palmyra.

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B

Generally Investor friendly

Palmyra Regulations

Palmyra explicitly permits STRs across most residential uses with clear, well-defined rules and a known permitting process, but requires multiple licenses (county hotel tax, state sales tax, $500K liability), annual non‑transferable permits, a 24/7 local contact able to respond in one hour, safety devices, sewage‑tied occupancy caps (2+3 up to 15), and inspections that can suspend operations (especially for pools), creating moderate compliance effort and ongoing operational constraints.

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About Palmyra

Palmyra (Pennsylvania German: Pallemschteddel) is a borough in Lebanon County, Pennsylvania, United States. It is part of the Lebanon, Pennsylvania Metropolitan Statistical Area. The population was 7,807 at the 2020 census.

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