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City Report · PA

Horsham

Pop. 16,005·78th most expensive in Pennsylvania·Horsham rents are up 9.5% over the past year
Median rent (all units)
$1,713/mo
Year-over-Year
+9.5%
Month-over-Month
+0.5%
vs US Median
-$249
Stable (Monthly)
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Most AffordableMost Expensive
Horsham · $1,713
More affordable than 60% of US cities · National median $1,962/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,713/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$69,000/yr
Local median income
$94,987/yr
Based on the 30%-of-income rule using Horsham's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,420
1 BR
$1,570
2 BR
$1,870
3 BR
$2,250
4 BR+
$2,560
Fair Market Rent (HUD)
$1,870/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,713 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,556/yr
At $1,713/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.5% YoY, +0.5% MoM), not inventory.
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Demographics

Who lives here

Horsham, PA is majority owner-occupied, has a median income above the national average, 43.7% of residents hold a bachelor's degree or higher.

Population
16,005
Median income
$94,987
Median age
36.7
Renters
32.4%
Age distribution
23%
24%
23%
13.7%
16.2%
Under 1823%
18–3424%
35–5423%
55–6413.7%
65+16.2%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
77.8%
White77.8%
Black3.6%
Hispanic10.9%
Asian8.4%
Education (25+)
25.5%
19.9%
43.7%
No HS diploma10.9%
HS diploma25.5%
Some college19.9%
Bachelor's+43.7%
Housing tenure
67.6%
32.4%
Owner67.6%
Renter32.4%

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

2021 vs 2026

How Horsham, PA has changed in 5 years

Income
$85,767 → $94,987
up 10.8%
Population
15,384 → 16,005
up 4.0%
Renter share
33.5% → 32.4%
-1.1 pts
Bachelor's+
41.4% → 43.7%
+2.3 pts
Median age
36.1 → 36.7
+0.6 yrs

Census figures show median household income at $94,987 today, compared with $85,767 five years earlier. The population has grown by 4.0% since 2021, moving from about 15,384 residents to roughly 16,005. College-educated residents now make up 43.7% of adults here, versus 41.4% in 2021.

Community

Discussions about Horsham

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

Can you afford rent in Horsham on your salary?

At $1,713/mo, how Horsham rent compares to typical pay (30% rule).

By apartment size

Horsham rent by bedroom count

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

Local insights

Tips for renters in Horsham

About renting in Horsham, PA

Last updated: August 17, 2026

The median rent in Horsham is $1,713/mo as of August 2026. A studio apartment averages $1,420/mo while a 2-bedroom runs $1,870/mo. One-bedroom apartments average $1,570/mo and 3-bedroom units go for $2,250/mo.

At 22% of local median household income ($94,987/yr), Horsham ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.5% over the past year.

FAQ

Frequently asked questions

Is Horsham an affordable city for renters?

Horsham is considered very affordable for renters. At $1,713/mo, rent takes approximately 22% of the local median household income ($94,987/yr). The standard benchmark is 30%. Horsham falls comfortably within that range.

How much income do you need to rent in Horsham?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,713/mo in Horsham. The local median household income is $94,987/yr, meaning the typical Horsham household meets that threshold.

Is rent going up or down in Horsham?

Rent in Horsham has increased 9.5% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Horsham rent compare to other cities in Pennsylvania?

Horsham is middle-of-the-pack for Pennsylvania for rent, ranking #78 out of 169 tracked cities at $1,713/mo.

Which nearby cities are cheaper to rent in than Horsham?

Abington is nearby and more affordable at $1,651/mo, which is $62 less than Horsham.

What percentage of Horsham residents rent vs. own?

According to Census data, approximately 32.4% of Horsham households are renters, while 67.6% are owner-occupied. Horsham leans toward homeownership, which can mean a smaller rental inventory.

How does Horsham rent compare to the national average?

Horsham's median rent of $1,713/mo is $249 (13%) below the US national median of $1,962/mo. Within Pennsylvania, it ranks #78 out of 169 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,713/mo, rent takes ~22% of Horsham's median household income ($94,987/yr). The standard benchmark is 30%.

Horsham 22%Benchmark 30%
State income tax3.07%
Run the Horsham affordability calculator →
Lowest-rent ZIP codes in Horsham
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Horsham, PA

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