Updated 2 Days Ago
Highlights
- Prime location
- Quiet neighborhood
- Friendly neighborhood
Location
261 N Franklin St, Hanover, PA 17331, USA
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Property Overview
261 N Franklin St offers strong value with an overall Zumper rating of 8.3 out of 10, including excellent marks for price, location, and amenities. It also ranks in the 100th percentile for value for money and value per square foot, while its prime location, quiet neighborhood, and friendly neighborhood add to its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- More space
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 1,101+ sqft | $1,012–$1,155 /mo | 2 units available | ||
| 3BR/1.5BA | 3 bed | 1.5 bath | 1,304 sqft | $1,438 /mo | 1 unit available | ||
| 3BR/2.0BA | 3 bed | 2 bath | 1,352 sqft | $1,438 /mo | 1 unit available |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 70 |
|---|
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About 261 N Franklin St
261 N Franklin St cost $1,012–$1,438 per month. Located at 261 N Franklin St, Hanover, PA 17331, USA, 261 N Franklin St has 2 — 3 bedroom units available. Based on the average rent price of 3 bedrooms in Hanover, renting an apartment at 261 N Franklin St is 28% cheaper per month.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 261 N Franklin St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 261 N Franklin St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
261 N Franklin St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 261 N Franklin St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
261 N Franklin St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 261 N Franklin St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
261 N Franklin St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Reviews from the web
Showing 5 highest rated
I've lived here for almost 10 years and, even though NO PLACE IS PERFECT, Hanover Shoe is a really nice place to live. The apartments are roomy, it's a relatively secure building (as long as people follow the rules about not propping the doors open), with a community room that can be rented for family events, a laundry room with energy efficient washers & dryers, a building manager that knows her stuff & actually cares about the residents....like any place, you will have people complaining or not always being great neighbours, but it's still a nice place to live.
Kareema Griest
Nov 05, 2019
The new owners and new management is amazing
Nachi Friedman
Jun 05, 2024
We’re sharing just 5 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 261 N Franklin St compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- More space
- The 2-bedroom is 787 sqft larger than other listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
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Rent trends in Hanover
If you decide to upgrade your space, you can expect 2-bedrooms at 261 N Franklin St to be 22% less than the average for similarly sized apartments in Hanover.
3-bedroom apartments at 261 N Franklin St cost about 28% less than the average rent price for 3-bedroom apartments in Hanover.
Median rents as of Mar 21 2026.
Hanover
| Month | Median Rent |
|---|---|
| December 2024 | $750 |
| January 2026 | $775 |
| February 2026 | $753 |
| March 2026 | $738 |
Affordability calculator
Can I afford to live at 261 N Franklin St?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$40,480/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,480 annually to afford this 2-bedrooms monthly rent price of $1,012.
For more information on rent affordability, visit our rent calculator.
Schools near 261 N Franklin St
Clearview Elementary School
801 randolph st
hanover, PA, 17331
K-4Public
A-
Alloway Creek El Sch
162 newark st
littlestown, PA, 17340
K-5Public
B-
Early Head Start - Head Start of York County
339 east cottage pl
york, PA, 17403
PKPublic
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Internet available near 261 N Franklin St
Getting around Hanover near 261 N Franklin St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 261 N Franklin St, Hanover
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
2/10
No high schools within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
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