City Report · PA

Collegeville

Pop. 5,247·6th most expensive in Pennsylvania·Collegeville rents are up 9.4% over the past year
Median rent (all units)
$2,541/mo
Year-over-Year
+9.4%
Month-over-Month
+2.8%
vs US Median
+$576
Rising (Monthly)
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Most AffordableMost Expensive
Collegeville · $2,541
More expensive than 81% of US cities · National median $1,965/mo
Rent Reality Score
47/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Collegeville's 10-year trend predicts.

Actual rent
$2,541/mo
Expected by trend
$2,508/mo
The Rent Reality Score compares today's median rent to where Collegeville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,710
1 BR
$1,880
2 BR
$2,240
3 BR
$2,700
4 BR+
$3,070
Research median
$2,240/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$30,492/yr
At $2,541/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.4% YoY, +2.8% MoM), not inventory.
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Demographics

Who lives here

Collegeville, PA is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 55.2% of residents hold a bachelor's degree or higher.

Population
5,247
Median income
$91,466
Median age
24.1
Renters
24.2%
Age distribution
12.1%
44.5%
16%
13.3%
14.2%
Under 1812.1%
18–3444.5%
35–5416%
55–6413.3%
65+14.2%
Gender
45.4%
54.6%
Male45.4%
Female54.6%
Race & ethnicity
78.2%
White78.2%
Black5.5%
Hispanic5.6%
Asian6.8%
Other3.9%
Education (25+)
23%
18.2%
55.2%
No HS diploma3.7%
HS diploma23%
Some college18.2%
Bachelor's+55.2%
Housing tenure
75.8%
24.2%
Owner75.8%
Renter24.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Collegeville, PA has changed in 5 years

Rent
$2,049 → $2,541
up 24.0%
Income
$93,934 → $91,466
down 2.6%
Population
4,986 → 5,247
up 5.2%
Renter share
25.1% → 24.2%
-0.9 pts
Bachelor's+
55% → 55.2%
+0.2 pts
Median age
25.2 → 24.1
-1.1 yrs

Five years ago, renters in Collegeville, PA paid around $2,049 a month. That figure now sits near $2,541, up 24.0% from the 2022 baseline. On the earnings side, the typical household in Collegeville, PA now reports about $91,466, up from $93,934 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Collegeville, PA adding about 261 residents over the five-year window, up 5.2% on net. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and Collegeville, PA reflects that arc in its own way.

Community

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View Collegeville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Collegeville on your salary?

At $2,541/mo, how Collegeville rent compares to typical pay (30% rule).

By apartment size

Collegeville rent by bedroom count

Median rent for each apartment size in Collegeville. Click any size for full breakdown.

Local insights

Tips for renters in Collegeville

About renting in Collegeville, PA

Last updated: July 20, 2026

The median rent in Collegeville is $2,541/mo as of July 2026. A studio apartment averages $1,710/mo while a 2-bedroom runs $2,240/mo. One-bedroom apartments average $1,880/mo and 3-bedroom units go for $2,700/mo.

At 33% of local median household income ($91,466/yr), Collegeville ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.4% over the past year.

FAQ

Frequently asked questions

Is Collegeville an affordable city for renters?

Collegeville is considered moderate for renters. At $2,541/mo, rent takes approximately 33% of the local median household income ($91,466/yr). The standard benchmark is 30%. Collegeville slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Collegeville?

To keep rent at or below 30% of gross income, you would need to earn at least $102,000/year (~$49/hour full-time) to afford the median rent of $2,541/mo in Collegeville. The local median household income is $91,466/yr, meaning the typical Collegeville household falls short of that threshold.

Is rent going up or down in Collegeville?

Rent in Collegeville has increased 9.4% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Collegeville rent compare to other cities in Pennsylvania?

Collegeville is one of the pricier cities in Pennsylvania for rent, ranking #6 out of 167 tracked cities at $2,541/mo.

Which nearby cities are cheaper to rent in than Collegeville?

Several nearby cities have lower median rents than Collegeville ($2,541/mo): Norristown ($1,763/mo), Harleysville ($1,914/mo), Royersford ($1,944/mo).

What percentage of Collegeville residents rent vs. own?

According to Census data, approximately 24.2% of Collegeville households are renters, while 75.8% are owner-occupied. Collegeville leans toward homeownership, which can mean a smaller rental inventory.

How does Collegeville rent compare to the national average?

Collegeville's median rent of $2,541/mo is $576 (29%) above the US national median of $1,965/mo. Within Pennsylvania, it ranks #6 out of 167 tracked cities.
Income Affordability
33%
MODERATE

At $2,541/mo, rent takes ~33% of Collegeville's median household income ($91,466/yr). The standard benchmark is 30%.

Collegeville 33%Benchmark 30%
State income tax3.07%
Run the Collegeville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Collegeville, PA

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