City Report · PA

Lancaster

Pop. 57,719·97th most expensive in Pennsylvania·Rental market data updated monthly for Lancaster, PA
Median rent (all units)
$1,554/mo
Year-over-Year
+2.8%
Month-over-Month
+0.1%
vs US Median
-$408
Stable (Monthly)
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Most AffordableMost Expensive
Lancaster · $1,554
More affordable than 72% of US cities · National median $1,962/mo
Rent Reality Score
62/100
Good value
OverheatedFairGreat value

Rents are 6% below what Lancaster's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,554/mo
Expected by trend
$1,651/mo
The Rent Reality Score compares today's median rent to where Lancaster's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,050
1 BR
$1,173
2 BR
$1,477
3 BR
$1,927
4 BR+
$1,957
Fair Market Rent (HUD)
$1,477/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,554 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
$18,648/yr
At $1,554/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.8% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Lancaster, PA is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 29.4% of residents hold a bachelor's degree or higher.

Population
57,719
Median income
$63,690
Median age
32.2
Renters
51.4%
Age distribution
20.8%
33.7%
24.9%
Under 1820.8%
18–3433.7%
35–5424.9%
55–6410.2%
65+10.4%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
47.3%
14.3%
40.6%
White47.3%
Black14.3%
Hispanic40.6%
Asian3%
Education (25+)
15.7%
32.4%
22.6%
29.4%
No HS diploma15.7%
HS diploma32.4%
Some college22.6%
Bachelor's+29.4%
Housing tenure
48.6%
51.4%
Owner48.6%
Renter51.4%

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

2021 vs 2026

How Lancaster, PA has changed in 5 years

Rent
$1,173 → $1,554
up 32.5%
Income
$54,145 → $63,690
up 17.6%
Population
58,034 → 57,719
down 0.5%
Renter share
53.4% → 51.4%
-2.0 pts
Bachelor's+
25.4% → 29.4%
+4.0 pts

Compared with 2021, rent in Lancaster, PA has climbed by $381 per month, settling near $1,554 after starting the period at $1,173. Median household income grew from $54,145 to $63,690 between 2021 and 2024, a 17.6% shift. Rent outpaced income growth by roughly 14.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 51.4% of households rent today, against 53.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 25.4% to 29.4%. Taken together, the five-year picture in Lancaster, PA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Lancaster

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

Can you afford rent in Lancaster on your salary?

At $1,554/mo, how Lancaster rent compares to typical pay (30% rule).

By apartment size

Lancaster rent by bedroom count

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

Local insights

Tips for renters in Lancaster

About renting in Lancaster, PA

Last updated: August 17, 2026

The median rent in Lancaster is $1,554/mo as of August 2026. A studio apartment averages $1,050/mo while a 2-bedroom runs $1,477/mo. One-bedroom apartments average $1,173/mo and 3-bedroom units go for $1,927/mo.

At 29% of local median household income ($63,690/yr), Lancaster ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

Is Lancaster an affordable city for renters?

Lancaster is considered affordable for renters. At $1,554/mo, rent takes approximately 29% of the local median household income ($63,690/yr). The standard benchmark is 30%. Lancaster falls comfortably within that range.

How much income do you need to rent in Lancaster?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,554/mo in Lancaster. The local median household income is $63,690/yr, meaning the typical Lancaster household meets that threshold.

Is rent going up or down in Lancaster?

Rent in Lancaster has increased 2.8% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Lancaster neighborhoods have the lowest rent?

The most affordable ZIP codes in Lancaster are 17602 ($1,353/mo), 17603 ($1,496/mo), and 17601 ($1,885/mo). Citywide, the median rent in Lancaster is $1,554/mo.

How does Lancaster rent compare to other cities in Pennsylvania?

Lancaster is middle-of-the-pack for Pennsylvania for rent, ranking #97 out of 169 tracked cities at $1,554/mo.

Which nearby cities are cheaper to rent in than Lancaster?

Several nearby cities have lower median rents than Lancaster ($1,554/mo): Columbia ($1,328/mo), Ephrata ($1,395/mo), Akron ($1,545/mo).

What percentage of Lancaster residents rent vs. own?

According to Census data, approximately 51.4% of Lancaster households are renters, while 48.6% are owner-occupied. With a majority renter population, Lancaster has a strong rental market.

How does Lancaster rent compare to the national average?

Lancaster's median rent of $1,554/mo is $408 (21%) below the US national median of $1,962/mo. Within Pennsylvania, it ranks #97 out of 169 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,554/mo, rent takes ~29% of Lancaster's median household income ($63,690/yr). The standard benchmark is 30%.

Lancaster 29%Benchmark 30%
State income tax3.07%
Run the Lancaster affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lancaster, PA

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