City Report · PA

Horsham

Pop. 16,005·63rd most expensive in Pennsylvania·Rental market data updated monthly for Horsham, PA
Median rent (all units)
$1,744/mo
Year-over-Year
+1.6%
Month-over-Month
+3.3%
vs US Median
-$188
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Horsham · $1,744
More affordable than 57% of US cities · National median $1,932/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,744/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$70,000/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 $1,744 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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Pennsylvania

Rent in Horsham changed +1.6% over the year to September 2026. Across the 114 Pennsylvania cities Zillow tracks, the typical change was +3.6%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($94,987) is $2,375 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,250); a 4-bedroom is $2,560.

Cheaper nearby

Hatfield, 10 miles away, rents for 13% less ($1,517/mo), about $2,700 a year in savings.

From Zillow's monthly rent index (ZORI) for Horsham. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,928/yr
At $1,744/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 1.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+1.6% YoY, +3.3% MoM), not inventory.
Rent check

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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

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

Can you afford rent in Horsham on your salary?

At $1,744/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: October 17, 2026

The median rent in Horsham is $1,744/mo as of October 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 1.6% over the past year.

FAQ

Frequently asked questions

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 $70,000/year (about $34/hour full-time) to afford the median rent of $1,744/mo in Horsham. The local median household income is $94,987/yr, so the typical household meets that bar.

Is rent going up or down in Horsham?

Rent in Horsham has risen 1.6% over the past year.

How does Horsham rent compare to other cities in Pennsylvania?

Horsham is in the middle among Pennsylvania cities for rent, ranking #63 of 161 tracked cities at $1,744/mo. Over the year to September 2026, rent in Horsham changed +1.6%, against a typical +3.6% across the 114 Pennsylvania cities Zillow tracks.
Income Affordability
22%
VERY AFFORDABLE

At $1,744/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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