ZIP Code · PA

ZIP 17331

Part of Hanover, PA
Pop. 56,443·York County·184th most expensive ZIP in Pennsylvania
Median rent (all units)
$1,394/mo
Year-over-Year
+3.3%
Month-over-Month
+0.4%
vs US Median
-$538
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 17331 · $1,394
More affordable than 80% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$980
1 BR
$1,110
2 BR
$1,390
3 BR
$1,870
4 BR+
$1,940
Research median
$1,390/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 17331 is 0% below its high of $1,394 in June 2026, at $1,394 as of September 2026.

Past year vs. the rest of Pennsylvania

Rent in ZIP 17331 changed +3.3% over the year to September 2026. Across the 205 Pennsylvania ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($79,488) is $1,987 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,940).

From Zillow's monthly rent index (ZORI) for ZIP 17331. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$16,728/yr
At $1,394/mo median
Location
StatePA
CountyYork County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.3% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 17331 (Hanover, PA) is majority owner-occupied, 23.7% of residents hold a bachelor's degree or higher.

Population
56,443
Median income
$79,488
Median age
42
Renters
23.6%
Age distribution
21.5%
20.3%
25.2%
13.2%
19.8%
Under 1821.5%
18–3420.3%
35–5425.2%
55–6413.2%
65+19.8%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
85.7%
White85.7%
Black3.1%
Hispanic7.5%
Asian1.2%
Other2.5%
Education (25+)
41.2%
26.7%
23.7%
No HS diploma8.4%
HS diploma41.2%
Some college26.7%
Bachelor's+23.7%
Housing tenure
76.4%
23.6%
Owner76.4%
Renter23.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 17331 in Hanover, PA has changed in 5 years

Rent
$1,275 → $1,394
up 9.3%
Income
$69,187 → $79,488
up 14.9%
Population
54,091 → 56,443
up 4.3%
Renter share
24% → 23.6%
-0.4 pts
Bachelor's+
23.4% → 23.7%
+0.3 pts

Across the past five years, the going rent in ZIP 17331 in Hanover, PA has shifted from $1,275 to $1,394, up 9.3% since 2023. Median household income climbed from $69,187 to $79,488 between 2021 and 2024, a 14.9% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 17331 in Hanover, PA adding about 2,352 residents over the five-year window, up 4.3% on net. Taken together, the five-year picture in ZIP 17331 in Hanover, PA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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Local insights

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About renting in ZIP 17331

Last updated: October 17, 2026

ZIP code 17331 covers Hanover, PA. The median rent here is $1,394/mo as of October 2026. A 1-bedroom rents for a median of $1,110/mo. A 2-bedroom rents for a median of $1,390/mo.

At 21% of local median household income ($79,488/yr), ZIP 17331 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 17331?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (about $27/hour full-time) to afford the median rent of $1,394/mo in ZIP 17331. The local median household income is $79,488/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 17331?

Rent in ZIP 17331 has risen 3.3% over the past year as of September 2026. It sits 0% below its high of $1,394 in June 2026.

How does ZIP 17331 compare to other ZIPs in Pennsylvania?

ZIP 17331 is one of the more affordable among Pennsylvania ZIP codes for rent, ranking #184 of 261 at $1,394/mo. Over the year to September 2026, rent in ZIP 17331 changed +3.3%, against a typical +3.8% across the 205 Pennsylvania ZIP codes Zillow tracks.

How does ZIP 17331 compare to the rest of Hanover?

At $1,394/mo, ZIP 17331 is $7 below the Hanover citywide median of $1,401/mo.
Income Affordability
21%
VERY AFFORDABLE

At $1,394/mo, rent takes ~21% of ZIP 17331's median household income ($79,488/yr). The standard benchmark is 30%.

ZIP 17331 21%Benchmark 30%
State income tax3.07%
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Schools nearby

Public schools near ZIP 17331 (Hanover, PA)

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