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City Report · PA

Farrell

Pop. 4,199·166th most expensive in Pennsylvania·One of the most affordable rental markets in the US
Median rent (all units)
$1,095/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
-$870
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Most AffordableMost Expensive
Farrell · $1,095
More affordable than 94% of US cities · National median $1,965/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,095/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$44,000/yr
Local median income
$42,595/yr
Based on the 30%-of-income rule using Farrell's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$760
1 BR
$760
2 BR
$960
3 BR
$1,330
4 BR+
$1,450
Research median
$960/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: March 14, 2026

Annual cost
$13,140/yr
At $1,095/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.0% MoM), not inventory.
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Demographics

Who lives here

Farrell, PA is majority owner-occupied, has a large retiree population, has a median income below the national average, 15.2% of residents hold a bachelor's degree or higher.

Population
4,199
Median income
$42,595
Median age
43.7
Renters
37.7%
Age distribution
25.7%
25.4%
15.4%
23.3%
Under 1825.7%
18–3410.2%
35–5425.4%
55–6415.4%
65+23.3%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
43.5%
48.7%
White43.5%
Black48.7%
Hispanic0.6%
Asian0.5%
Other6.6%
Education (25+)
47.9%
28.7%
15.2%
No HS diploma8.1%
HS diploma47.9%
Some college28.7%
Bachelor's+15.2%
Housing tenure
62.3%
37.7%
Owner62.3%
Renter37.7%

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

2021 vs 2026

How Farrell, PA has changed in 5 years

Income
$27,449 → $42,595
up 55.2%
Population
4,329 → 4,199
down 3.0%
Renter share
43.5% → 37.7%
-5.8 pts
Bachelor's+
8.9% → 15.2%
+6.3 pts
Median age
39.8 → 43.7
+3.9 yrs

Census figures show median household income at $42,595 today, compared with $27,449 five years earlier. The population has contracted by 3.0% since 2021, moving from about 4,329 residents to roughly 4,199. Renters now make up 37.7% of households, compared with 43.5% five years ago. College-educated residents now make up 15.2% of adults here, versus 8.9% in 2021.

Community

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

Can you afford rent in Farrell on your salary?

At $1,095/mo, how Farrell rent compares to typical pay (30% rule).

By apartment size

Farrell rent by bedroom count

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

Local insights

Tips for renters in Farrell

About renting in Farrell, PA

Last updated: March 14, 2026

The median rent in Farrell is $1,095/mo as of March 2026. A studio apartment averages $760/mo while a 2-bedroom runs $960/mo. One-bedroom apartments average $760/mo and 3-bedroom units go for $1,330/mo.

At 31% of local median household income ($42,595/yr), Farrell ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Farrell an affordable city for renters?

Farrell is considered moderate for renters. At $1,095/mo, rent takes approximately 31% of the local median household income ($42,595/yr). The standard benchmark is 30%. Farrell slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Farrell?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (~$21/hour full-time) to afford the median rent of $1,095/mo in Farrell. The local median household income is $42,595/yr, meaning the typical Farrell household falls short of that threshold.

Is rent going up or down in Farrell?

Rent in Farrell has been relatively stable over the past year, with a 0.0% change year over year as of March 2026.

How does Farrell rent compare to other cities in Pennsylvania?

Farrell is one of the more affordable cities in Pennsylvania for rent, ranking #166 out of 187 tracked cities at $1,095/mo.

Which nearby cities are cheaper to rent in than Farrell?

Several nearby cities have lower median rents than Farrell ($1,095/mo): Niles ($876/mo), Sharon ($1,023/mo), Boardman ($1,037/mo).

What percentage of Farrell residents rent vs. own?

According to Census data, approximately 37.7% of Farrell households are renters, while 62.3% are owner-occupied. Farrell leans toward homeownership, which can mean a smaller rental inventory.

How does Farrell rent compare to the national average?

Farrell's median rent of $1,095/mo is $870 (44%) below the US national median of $1,965/mo. Within Pennsylvania, it ranks #166 out of 187 tracked cities.
Income Affordability
31%
MODERATE

At $1,095/mo, rent takes ~31% of Farrell's median household income ($42,595/yr). The standard benchmark is 30%.

Farrell 31%Benchmark 30%
State income tax3.07%
Run the Farrell affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Farrell, PA

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