Average Rent in Pennsylvania

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Current Versus Historical Pennsylvania Rents

Pennsylvania rentals average $1,325 for a studio rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $498 (-26.29%) year-over-year from $1,893 to $1,395. 1-bedroom rentals prices have decreased by $768 (-31.19%) year-over-year from $2,463 to $1,695. 2-bedroom rentals prices have decreased by $1,703 (-46.62%) year-over-year from $3,653 to $1,950. 3-bedroom rentals prices have increased by $212 (11.87%) year-over-year from $1,783 to $1,995. 4-bedroom rentals prices have increased by $177 (7.64%) year-over-year from $2,322 to $2,499. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 16.13% this month. 1-bedroom rents have gone down by 20.34% this month. 2-bedroom rents have gone down by 35.64% this month. 3-bedroom rents have gone up by 4.18% this month. 4-bedroom rents have gone up by 4.21% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.96	$1,395	$1,893 (-26.29%)	$1,382 (0.92%)
1 BR	$2.50	$1,695	$2,463 (-31.19%)	$1,383 (22.53%)
2 BR	$1.80	$1,950	$3,653 (-46.62%)	$1,820 (7.14%)
3 BR	$1.48	$1,995	$1,783 (11.87%)	$1,560 (27.88%)
4+ BR	$1.41	$2,499	$2,322 (7.64%)	$2,091 (19.52%)

Historical Rents in Pennsylvania

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Pennsylvania

There are a total of 49 cities nearby Pennsylvania. The average rent in Pennsylvania is currently $2,750 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Toledo, OH, with an average rent of $825, is the most affordable city nearby. In contrast, the most expensive city near Pennsylvania is Hampton Bays, NY. Monthly rents here are on average $25,000 per month.

Let's compare Pennsylvania's rent against other top cities nearby by bedroom size. Typically, rent for studios in Pennsylvania is 24.34% more affordable than other cities nearby. One bedrooms are about 21.28% more affordable. Two bedrooms in Pennsylvania are about 47.60% more affordable. Finally, rent for three bedrooms are about 54.76% more affordable. Want more information? Check out the top 10 cities out of 49 total cities near Pennsylvania in the following chart.

City	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,373	$1,695	$1,833	$1,800
Paterson, NJ	$1,900	$1,750	$2,000	$2,100
Newark, NJ	$2,150	$1,900	$2,100	$2,349
King of Prussia, PA	$1,675	$2,052	$2,583	$2,350
Bayonne, NJ	$2,325	$2,047	$2,400	$2,400
Jersey City, NJ	$2,803	$2,600	$2,650	$2,700
Yonkers, NY	$2,050	$2,218	$2,700	$2,798
Ocean Grove, NJ	$3,000	$1,650	$2,325	$3,000
Long Branch, NJ	N/A	$3,100	$4,000	$4,200
New York, NY	$3,500	$4,212	$5,095	$4,395

Top Neighborhoods Near Pennsylvania

There are a total of 110 neighborhoods in or near Pennsylvania. Some of these neighborhoods include North Philadelphia East, North Philadelphia West, and Center City East. We've included the top 30 neighborhoods out of 110 total neighborhoods in or near Pennsylvania in the following chart.

The average rent for these 30 neighborhoods in or near Pennsylvania is currently around $3,463 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only eighteen neighborhoods have a higher average rent than $3,463. Interestingly, the neighborhoods' average rent is higher than Pennsylvania's average rent, which is only $1,800. Out of all the neighborhoods in or near Pennsylvania, Cobbs Creek has the most affordable average rent at $1,325 per month. Whereas, at $14,000 average rent per month, Lower Chelsea is the most expensive neighborhood in or near Pennsylvania. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
North Philadelphia East, Philadelphia, PA	$1,295	$1,425	$1,657	$1,650
North Philadelphia West, Philadelphia, PA	$1,228	$1,420	$1,600	$1,695
Center City East, Philadelphia, PA	$1,345	$1,900	$2,800	$2,025
Washington Heights, New York, NY	$2,175	$2,400	$2,993	$3,149
Flatbush, New York, NY	$2,800	$3,000	$3,150	$3,278
Bedford-Stuyvesant, New York, NY	$2,375	$2,869	$3,000	$3,299
East Harlem, New York, NY	$2,675	$3,165	$3,195	$3,300
Harlem, New York, NY	$2,595	$3,048	$3,300	$3,414
Bushwick, New York, NY	$2,650	$2,799	$3,450	$3,450
West Harlem, New York, NY	$2,650	$3,000	$3,400	$3,499
Downtown Boston, Boston, MA	$2,850	$3,426	$4,500	$3,865
Upper East Side, New York, NY	$2,875	$3,700	$4,950	$4,000
D Street - West Broadway, Boston, MA	$3,245	$3,800	$4,725	$4,170
Prospect Heights, New York, NY	$3,575	$4,400	$6,068	$4,300
Financial District, New York, NY	$3,500	$4,495	$6,375	$4,331
Hell's Kitchen, New York, NY	$3,500	$4,085	$6,001	$4,500
East Village, New York, NY	$2,898	$3,600	$4,495	$4,500
Midtown East, New York, NY	$3,350	$4,200	$5,595	$4,550
Williamsburg, New York, NY	$3,619	$4,500	$4,650	$4,650
Murray Hill, New York, NY	$3,600	$4,266	$6,480	$4,650
West Village, New York, NY	$4,575	$4,573	$6,250	$4,795
Greenwich Village, New York, NY	$4,150	$4,800	$5,105	$4,800
Kips Bay, New York, NY	$3,785	$4,170	$5,235	$4,800
Upper West Side, New York, NY	$3,200	$4,477	$6,224	$4,900
Hudson Yards, New York, NY	$3,783	$4,590	$6,900	$5,000
Chelsea, New York, NY	$4,150	$5,495	$7,790	$5,295
Midtown, New York, NY	$3,607	$4,400	$6,895	$5,535
NoMad, New York, NY	$4,454	$5,581	$8,506	$5,686
Gramercy Park, New York, NY	$3,815	$5,086	$5,295	$6,125
Tribeca, New York, NY	$4,250	$6,125	$7,295	$6,900

Top Counties Near Pennsylvania

There are a total of 110 counties located by Pennsylvania. Some of these counties include Philadelphia, PA, Newark, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,152. That's roughly around $3 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Toledo, OH. It's average rent per month is $825. Vice versa, with an average rent of $35,000, Southampton, NY is the most expensive county by Pennsylvania.

Typically, rent for studios in Pennsylvania is 39.45% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Pennsylvania is 48.77% more affordable than other counties nearby. Finally, rent for two bedrooms in Pennsylvania is 62.83% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,373	$1,695	$1,833	$1,800
Newark, NJ	$2,150	$1,900	$2,100	$2,349
Jersey City, NJ	$2,803	$2,600	$2,650	$2,700
Bronx, New York, NY	$2,675	$2,458	$2,749	$3,000
Neptune, NJ	$3,000	$1,698	$2,500	$3,000
Queens, New York, NY	$2,959	$2,775	$3,200	$3,200
Brooklyn, New York, NY	$3,473	$3,985	$4,050	$3,899
Ocean, NJ	N/A	$4,050	$3,000	$3,900
Long Branch, NJ	N/A	$3,100	$4,000	$4,200
Manhattan, New York, NY	$3,553	$4,390	$5,500	$4,595

Top Zipcodes Near Pennsylvania

There are a total of 50 zipcodes in or near Pennsylvania. The average rent for all of these zipcodes is $4,275. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 43201, Columbus, OH at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $18,000 per month is 08402, Margate City, NJ.

Studios in these zipcodes have an average rent of $3,223. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Pennsylvania is $4,073 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,966 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Pennsylvania. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10016, New York, NY	$3,695	$4,269	$5,898	$4,668
10003, New York, NY	$3,850	$4,800	$5,075	$4,925
10019, New York, NY	$3,589	$4,199	$6,430	$4,875
10009, New York, NY	$2,625	$3,673	$4,495	$4,498
10128, New York, NY	$3,390	$3,803	$5,384	$3,950
10038, New York, NY	$3,470	$4,500	$6,462	$4,405
10022, New York, NY	$3,350	$4,500	$5,300	$4,500
10005, New York, NY	$3,554	$4,510	$5,825	$4,250
10011, New York, NY	$3,600	$5,700	$5,600	$4,795
10010, New York, NY	$4,050	$4,550	$5,393	$5,320

Frequently Asked Questions - Pennsylvania Average Rents

What is the average rent price in Pennsylvania?

The average monthly rental price for Pennsylvania apartments for rent is approximately $1,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Pennsylvania rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Pennsylvania.

How much is a studio apartment in Pennsylvania?

The average monthly rental price for studio apartments is $1,325 and an average price per square feet of $2.96. There are a total of 695 studio apartment listings currently available for rent in Pennsylvania.

How much is a one bedroom apartment in Pennsylvania?

The average monthly rental price for one bedroom apartments is $1,605 and an average price per square feet of $2.50. There are a total of 2,411 one bedroom apartment listings currently available for rent in Pennsylvania.

How much is a two bedroom apartment in Pennsylvania?

The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $1.80. There are a total of 2,427 two bedroom apartment listings currently available for rent in Pennsylvania.

How have rent prices in Pennsylvania changed this year?

Rent prices for rentals in Pennsylvania can fluctuate yearly. Specifically, studio rental prices have changed by -0.26%, one bedroom rental prices have changed by -0.31%, two bedroom rental prices have changed by -0.47%, and three bedroom rental prices have changed by 0.12% year-over-year.

What is a reasonable rent price in Pennsylvania?

A reasonable rent price in Pennsylvania is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.