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Rental market trends in State College, PA
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Average Apartment Cost in State College, PA
The average rent for apartments in State College, PA, is between $1,059 and $1,492 in 2024. For a studio apartment in State College, PA, the average rent is $1,059. When it comes to 1-bedroom apartments, the average rent in State College, PA, is $1,267. For a 2-bedroom apartment, the average rent is $1,492.
Apartment Rent Ranges in State College, PA
Apartment Prices | Proportion | |||
---|---|---|---|---|
0% | 11% | 26% | 19% | 44% |
Neighborhood Apartment Rent Trends in State College, PA
Neighborhood | Studio Avg Rent | Annual Change |
---|---|---|
Orchard Park | $1,000 | +10% |
Holmes Foster | $865 | 0% |
Neighborhood | 1 Bed Avg Rent | Annual Change |
---|---|---|
Orchard Park | $1,147 | +4% |
Highlands | $950 | +52% |
Holmes Foster | $915 | 0% |
Neighborhood | 2 Beds Avg Rent | Annual Change |
---|---|---|
Holmes Foster | $1,900 | -- |
Orchard Park | $1,417 | +15% |
Highlands | $1,272 | -- |
State College South | $1,250 | -- |
How Other Cities Compare to State College, PA
City | Studio Avg Rent | Annual Change |
---|---|---|
Altoona | $5,950 | +108% |
Bellefonte | $850 | -- |
Lewistown | $625 | -- |
City | 1 Bed Avg Rent | Annual Change |
---|---|---|
Altoona | $1,197 | +13% |
Hollidaysburg | $1,177 | +6% |
Pleasant Gap | $995 | -- |
Bellefonte | $950 | -- |
Milesburg | $900 | -- |
Lewistown | $750 | -- |
Cresson | $700 | -- |
City | 2 Beds Avg Rent | Annual Change |
---|---|---|
Hollidaysburg | $1,377 | +3% |
Bellefonte | $1,250 | -- |
Milesburg | $1,250 | -- |
Altoona | $1,230 | +11% |
State College, PA Rent Trends
Studio | 1 Bed | 2 Beds | ||||||||||
Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 |
$1012 | $1019 | $1010 | $1029 | $1012 | $1074 | $1085 | $1074 | $1079 | $1125 | $1090 | $1074 | $1074 |
$1245 | $1244 | $1237 | $1222 | $1225 | $1302 | $1292 | $1292 | $1290 | $1292 | $1292 | $1267 | $1297 |
$1375 | $1375 | $1420 | $1450 | $1492 | $1565 | $1572 | $1532 | $1512 | $1507 | $1484 | $1492 | $1492 |
$1610 | $1645 | $1640 | $1682 | $1690 | $1677 | $1650 | $1652 | $1690 | $1675 | $1735 | $1602 | $1657 |