Average Rent In Pennsylvania For January 2024
Average Rent
What is the average rent in Pennsylvania?
The average rent in Pennsylvania for January 2024 is $1,257, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Pennsylvania is $1,292. The average rent of a 1-bedroom apartment in Pennsylvania is $1,057.
Compared to the national average of $1,379, Pennsylvania rent costs -8.8% less. Read our analysis of rents by state to see how Pennsylvania ranks.
Here's a look at how average rents have changed over time:
How Does Pennsylvania Rent Compare To The Rest Of The Country?
| Statistic | PA | USA | % Difference |
|---|---|---|---|
| Average Rent | $1,257 | $1,379 | -8.8% |
| M-o-M Change | -$6 | -$11 | -45.5% |
| Y-o-Y Change | $19 | -$14 | -235.7% |
| M-o-M % Change | -0.5% | -0.8% | - |
| Y-o-Y % Change | 1.5% | -1.0% | - |
Median Rent By Bedrooms In Pennsylvania
1-Bedroom
2-Bedroom
As you would expect, the median price for rent in Pennsylvania increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Pennsylvania clocking in at $1,057, while a 2-bedroom rental will set you back $1,292 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $646/room/month.
Read on to find out more or for more on Pennsylvania check out:
- Best Places To Live In Pennsylvania
- Cheapest Places To Live In Pennsylvania
- Most Dangerous Cities In Pennsylvania
Month Over Month Pennsylvania Rent Statistics
M-o-M Increase
M-o-M Increase
Pennsylvania has experienced a -$6 change in rent over the past month going from $1,263 to $1,257. That change comes out to -0.5%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Pennsylvania:
Year Over Year Pennsylvania Rent Statistics
Y-o-Y Increase
Y-o-Y Increase
Over the past year, the average rent in Pennsylvania changed $19 from $1,238 to $1,257. A change of $19 means that rents changed 1.5% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Pennsylvania:
The 10 Places With The Highest Rent In Pennsylvania
Population: 7,985
Median Rent: $1,664
More on Conshohocken: Data | Cost Of Living | Real Estate
Population: 14,301
Median Rent: $1,552
More on Franklin Park: Data | Cost Of Living | Real Estate
Population: 6,620
Median Rent: $1,384
More on Folcroft: Data | Cost Of Living | Real Estate
Population: 10,452
Median Rent: $1,342
More on Wyomissing: Data | Crime | Cost Of Living | Real Estate
Population: 8,307
Median Rent: $1,340
More on Doyle: Data | Real Estate
Population: 19,698
Median Rent: $1,286
More on West Chester: Data | Cost Of Living | Real Estate
Population: 7,436
Median Rent: $1,277
More on Hatboro: Data | Cost Of Living | Real Estate
Population: 5,221
Median Rent: $1,258
More on Collegeville: Data | Crime | Cost Of Living | Real Estate
Population: 8,366
Median Rent: $1,233
More on Millersville: Data | Cost Of Living | Real Estate
Population: 16,743
Median Rent: $1,230
More on Phoenixville: Data | Cost Of Living | Real Estate
Learn More About Living In Pennsylvania
About Chris Kolmar
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.