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City · 5,620 residents · Cumberland County, Pennsylvania

Shippensburg , Pennsylvania

In Shippensburg, a typical home is worth $177,700 and typical rent is $891 a month. Compared with all of Cumberland County, typical household income is 41% lower, the typical home value is 36% lower, and the share of households that own their home is 27 points lower.

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  • Typical home value

    $177,700

    36% below the county

    30% below Pennsylvania

    • Shippensburg
    • Cumberland
    • Pennsylvania

  • Typical rent

    $891a month

    29% below the county

    26% below Pennsylvania

    • Shippensburg
    • Cumberland
    • Pennsylvania

  • Typical household income

    $51,503a year

    41% below the county

    34% below Pennsylvania

    • Shippensburg
    • Cumberland
    • Pennsylvania

  • Households that own their home

    44%

    27 points below the county

    25 points below Pennsylvania

    • Shippensburg
    • Cumberland
    • Pennsylvania

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical rent
$1,161 a month
4.3% more than 12 months ago

From Zillow (ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Shippensburg is in Cumberland County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Cumberland County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Shippensburg apart

What this place has that others do not, from public data, most unusual first.

  1. 44% of households in Shippensburg own their home, against 71% in Cumberland County.

  2. The typical household income in Shippensburg is $51,503, 41% less than in Cumberland County as a whole ($87,494).

  3. The typical home in Shippensburg is worth $177,700, 36% less than in Cumberland County as a whole ($277,600).

  4. The typical rent in Shippensburg is $891 a month, 29% less than in Cumberland County as a whole ($1,249).

  5. Shippensburg has the 22nd smallest share of rent-burdened renters of the 232 cities in Pennsylvania with more than 5,000 people (35%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Shippensburg

What homes there are in Shippensburg, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

No kind of home is the majority in Shippensburg; the largest group, detached houses, adds up to 44%, less than in Cumberland County (60%).

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,298 a month

Cumberland County: $1,802 a month

Without a mortgage

$734 a month

Cumberland County: $671 a month

Owners with a mortgage

58%

Cumberland County: 61%

The typical cost for an owner with a mortgage in Shippensburg is $1,298 a month, less than in Cumberland County ($1,802); without one, $734.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Shippensburg did not change clearly: the difference is within the Census margin of error.

Rent in Shippensburg moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureShippensburgCumberland CountyPennsylvaniaUnited States
Rental vacancy Unreliable estimateUnreliable estimate4.9%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate1.2%1.6%3.4%
People per household 1.992.402.392.53
Drive alone 59%71%68%69%
Carpool Unreliable estimate6%8%9%
Public transit Unreliable estimate0%4%3%
Walk or bike Unreliable estimate4%4%3%
Work from home Unreliable estimate18%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate10 to 19 minutes20 to 29 minutes20 to 29 minutes

Households in Shippensburg are smaller: 1.99 people on average; in Cumberland County, 2.40.

In Shippensburg, 59% of workers drive alone to work; in Cumberland County, 71%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Shippensburg?

A typical home is tight for the typical income

We start with a typical home in Shippensburg, worth $177,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Shippensburg, which is $51,503 a year. For that payment to be 28% of income, a household would need to earn about $57,199 a year.

The calculator's FHA and conventional loan limits are those of all of Cumberland County.

Your numbers

Local data
$

Starts at the typical home value in Shippensburg. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $6,220 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,508

at 7.18% · 30 years

Loan amount
$174,481
Total interest
$251,037
Paid off in
November 2056

Includes $3,001 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,202 a month

  • Tight

    $1,202 to $1,545 a month

    Your payment · 35%

  • Hard

    more than $1,545 a month

Compared with the typical household income in Shippensburg ($51,503 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,508
Principal & interest$1,182
Property tax$173
Home insurance$74
FHA mortgage insurance (MIP)$79

You need at least $6,220 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Shippensburg and Cumberland County

Shippensburg is in Cumberland County, Pennsylvania. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Shippensburg's own numbers

Typical home value
$177,700
Typical monthly rent
$891
Typical yearly household income
$51,503
Households that own their home
44%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Cumberland County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,598
Price change over 5 years (FHFA)
+50%
Homes in a high flood-risk zone
2.2%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cumberland County.

Everything about Cumberland County

Buying

Buying a home in Shippensburg

A typical home in Shippensburg is worth $177,700: 36% below the county and 30% below Pennsylvania. With the typical household income in Shippensburg ($51,503 a year), a typical home costs 3.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Shippensburg 3.5 years
  • Cumberland 3.2 years
  • Pennsylvania 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Cumberland County

According to FHFA’s house price index, home prices in Cumberland County rose 73% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Cumberland County.

Period County Pennsylvania U.S.
Last year (2025) +3.9% +4.7% +2.9%
5 years (2020–2025) +50% +48% +47%
10 years (2015–2025) +73% +77% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Shippensburg next to Cumberland County, Pennsylvania and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Shippensburg $177,700
  • Cumberland $277,600
  • Pennsylvania $254,500
  • United States $332,700
Typical monthly rent
  • Shippensburg $891
  • Cumberland $1,249
  • Pennsylvania $1,209
  • United States $1,413
Typical yearly household income
  • Shippensburg $51,503
  • Cumberland $87,494
  • Pennsylvania $77,971
  • United States $80,734
See the full table
Shippensburg next to Cumberland County and Pennsylvania
Measure Shippensburg Cumberland County Pennsylvania U.S.
Typical home value $177,700 $277,600 $254,500 $332,700
Typical monthly rent $891 $1,249 $1,209 $1,413
Typical yearly household income $51,503 $87,494 $77,971 $80,734
Households that own their home 44% 71% 69% 65%
Renters with high rent for their income 35% 42% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cumberland County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Shippensburg

For a typical $177,700 home in Shippensburg, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, an example home insurance and mortgage insurance when it applies. It leaves out property tax because the Census Bureau doesn't publish Shippensburg's rate.

  • FHA, 3.5% down $1,335a month

    Least cash to close
    Down payment
    $6,220
    Cash to close
    $11,551
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $79

  • Conventional, 5% down $1,302a month

    Down payment
    $8,885
    Cash to close
    $14,216
    Rate
    7.18%
    Mortgage insurance
    PMI · $84

  • Conventional, 20% down, no PMI $1,037a month

    Down payment
    $35,540
    Cash to close
    $40,871
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,201a month

    Down payment
    $26,655
    Cash to close
    $31,986
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Shippensburg and for Cumberland County.

Flood risk in Cumberland County

FEMA does not publish these numbers by city: they are for all of Cumberland County.

Homes in the high-risk zone
2.2%
1,735
Of those, with NFIP insurance
21%
County Pennsylvania U.S.
Homes in the high-risk zone 2.2% 2% 3.5%
Of those, with NFIP insurance 21% 23% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Shippensburg

Typical rent in Shippensburg is $891 a month: 29% below the county. In Shippensburg, 35% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Cumberland County, by unit size. To pay the 2-bedroom one ($1,598 a month) without spending more than 30% of your income, you would need to earn $30.73 an hour working full time.

HUD fair market rent for all of Cumberland County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,166 $22.42 $46,640
1 bedroom $1,285 $24.71 $51,400
2 bedrooms $1,598 $30.73 $63,920
3 bedrooms $2,055 $39.52 $82,200
4 bedrooms $2,100 $40.38 $84,000

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Shippensburg

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Shippensburg is in ZIP code 17257.

For 2 bedrooms it is $1,390: $208 less than the fair market rent for Cumberland County ($1,598).

  • 17257 $1,390$1,810

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Shippensburg when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Shippensburg

HUD lists 5 buildings with rents for lower incomes in Shippensburg. These are the largest.

  • Cottages of Shippensburg 300 Dwelling Ct, Shippensburg 17257 120 low-income homes · 2 bd: 120 · In service since 1999 · For older adults
  • Episcopal Square Apartments 101 N Prince St, Shippensburg 17257 95 low-income homes · For older adults (717) 530-1277
  • Raystown Crossing 1000 Raystown Cir, Shippensburg 17257 50 low-income homes · 2 bd: 18 · 3 bd: 24 · 4 bd: 8 · In service since 2010 · For families
  • Shippen House 19 Hollar Ave, Shippensburg 17257 24 low-income homes · For older adults (717) 532-7885
  • New Visions - Shippensburg 7 E Orange St, Shippensburg 17257 10 low-income homes · Studio: 10 · In service since 1999 · For families

See all 34 buildings in Cumberland County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Shippensburg

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Cumberland County; none says it serves in Spanish.

A man smiles on a bench outside his apartment building.

HUD counseling is free or low-cost

Assistance programs in Shippensburg

No down payment, repair or rent-help program on our list is for Shippensburg or Cumberland County. The ones below are statewide in Pennsylvania: they work in Shippensburg the same as in the rest of the state.

Which programs do I qualify for? All programs in Pennsylvania

Housing counselors near Shippensburg

The HUD-approved agencies closest to the center of Shippensburg, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Pathstone Corporation-Pennsylvania

    450 Cleveland Ave, Chambersburg · 11 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (717) 264-5913

  • Cumberland County Housing and Redevelopment Authorities

    114 N Hanover St, Carlisle · 21 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (717) 249-0789

  • Pennsylvania Housing Finance Agency

    211 North Front Street, Harrisburg · 37 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (800) 342-2397

Every agency in Cumberland County All counseling agencies in Pennsylvania

Help in Spanish near Shippensburg

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Shippensburg

HUD’s record names them for Shippensburg or Cumberland County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the County of Cumberland Public housing and Section 8 vouchers (717) 249-0789

All housing agencies in Pennsylvania Source: HUD

Cities

Other cities in Cumberland County

These cities are also in Cumberland County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Cumberland County Housing in Pennsylvania

Nearby cities

The cities closest to Shippensburg, with the typical home value.

Neighboring counties

If Cumberland County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Shippensburg.

All guides
A mother holds hands with her two daughters on the beach at sunset.

Questions

Housing questions about Shippensburg

Short answers with the numbers for Shippensburg and all of Cumberland County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Shippensburg?

The typical home value in Shippensburg is $177,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cumberland County it is $277,600.

How much does it cost to rent in Shippensburg?

Typical rent in Shippensburg is $891 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cumberland County is $1,598.

What is the FHA loan limit in Shippensburg?

Shippensburg uses the FHA limit for all of Cumberland County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

Where can I find free help to buy or rent in Shippensburg?

There is 1 HUD-approved counseling agency with an office in Cumberland County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).