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1 Hoffman Terrace shines with an expert rating of 8 out of 10, reflecting its attractiveness to renters. It offers a competitive price rating of 9, making it well-balanced among its amenities (rated 8) and prime location (rated 9) near schools and extensive public transport, enhancing residents' quality of life. Notably, it features excellent transparency, with a trustworthiness rating of 7, making it a promising choice for those valuing environmental sustainability and vibrant social opportunities, including parks and numerous dining options.
Things you’ll love
Great for
| 1 Hoffman Terrace - 5 | 2 bed | 1.5 bath | 1,000 sqft | $1,399 /mo | Step into this beautifully renovated 2-bedroom, 1.5-bathroom apartment, perfectly located just minutes from the heart of downtown Lancaster. With a bright, open layout and modern updates throughout, this home offers spacious living and a sleek, contemporary kitchen designed for both style and functionality. The bedrooms provide plenty of comfort, while the updated bathrooms add a touch of convenience and charm. Off-street parking is included, and you'll love being within walking distance to Lancaster's vibrant restaurants, shops, and entertainment. This apartment combines modern living with unbeatable location—ideal for anyone seeking a stylish, low-maintenance home in the city. Take advantage of the self-guided tour and schedule a showing at your own convenience. Requirements: 3x Monthly income- $4,350 600+ Credit Score No evictions or criminal history |
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| Units | 1 |
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Step into this beautifully renovated 2-bedroom, 1.5-bathroom apartment, perfectly located just minutes from the heart of downtown Lancaster. With a bright, open layout and modern updates throughout, this home offers spacious living and a sleek, contemporary kitchen designed for both style and functionality. The bedrooms provide plenty of comfort, while the updated bathrooms add a touch of convenience and charm. Off-street parking is included, and you'll love being within walking distance to Lancaster's vibrant restaurants, shops, and entertainment. This apartment combines modern living with unbeatable location—ideal for anyone seeking a stylish, low-maintenance home in the city. Take advantage of the self-guided tour and schedule a showing at your own convenience. Requirements: 3x Monthly income- $4,350 600+ Credit Score No evictions or criminal history
How 1 Hoffman Terrace compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 1 Hoffman Terrace cost about 17% less than the average rent price for 2-bedroom apartments in Lancaster Central Business District.
| Month | Median Rent |
|---|---|
| November 2023 | $987 |
| December 2023 | $999 |
| January 2024 | $985 |
| February 2024 | $925 |
| March 2024 | $1,011 |
| April 2024 | $998 |
| May 2024 | $1,008 |
| June 2024 | $1,012 |
| July 2024 | $1,044 |
| August 2024 | $993 |
| September 2024 | $995 |
| October 2024 | $977 |
| November 2024 | $1,053 |
| December 2024 | $1,049 |
| January 2025 | $965 |
| February 2025 | $952 |
| March 2025 | $954 |
| April 2025 | $959 |
| May 2025 | $957 |
| June 2025 | $1,000 |
| July 2025 | $938 |
| August 2025 | $931 |
| September 2025 | $916 |
| October 2025 | $1,041 |
| November 2025 | $1,050 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,029 |
| December 2023 | $979 |
| January 2024 | $980 |
| February 2024 | $1,112 |
| March 2024 | $1,091 |
| April 2024 | $1,008 |
| May 2024 | $1,016 |
| June 2024 | $1,010 |
| July 2024 | $1,100 |
| August 2024 | $1,032 |
| September 2024 | $1,006 |
| October 2024 | $1,074 |
| November 2024 | $1,095 |
| December 2024 | $1,066 |
| January 2025 | $1,010 |
| February 2025 | $989 |
| March 2025 | $968 |
| April 2025 | $1,037 |
| May 2025 | $1,049 |
| June 2025 | $1,049 |
| July 2025 | $1,169 |
| August 2025 | $1,185 |
| September 2025 | $1,175 |
| October 2025 | $1,199 |
| November 2025 | $1,199 |
Can I afford to live at 1 Hoffman Ter?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$55,960/yr
225 w orange st
lancaster, PA, 17603