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City Report · PA

Myerstown

Pop. 3,124·125th most expensive in Pennsylvania·One of the most affordable rental markets in the US
Median rent (all units)
$1,345/mo
Year-over-Year
Stable
Month-over-Month
+3.5%
vs US Median
-$620
Rising (Monthly)
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Most AffordableMost Expensive
Myerstown · $1,345
More affordable than 85% of US cities · National median $1,965/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $1,345/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$54,000/yr
Local median income
$59,057/yr
Based on the 30%-of-income rule using Myerstown's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$1,000
2 BR
$1,270
3 BR
$1,610
4 BR+
$1,710
Research median
$1,270/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: June 22, 2026

Annual cost
$16,140/yr
At $1,345/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +3.5% MoM), not inventory.
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Demographics

Who lives here

Myerstown, PA is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 15% of residents hold a bachelor's degree or higher.

Population
3,124
Median income
$59,057
Median age
41.3
Renters
48.5%
Age distribution
23.6%
20.3%
23.6%
21.9%
Under 1823.6%
18–3420.3%
35–5423.6%
55–6410.6%
65+21.9%
Gender
56.1%
43.9%
Male56.1%
Female43.9%
Race & ethnicity
94.9%
White94.9%
Black1.7%
Hispanic3%
Education (25+)
52.7%
23.5%
15%
No HS diploma8.8%
HS diploma52.7%
Some college23.5%
Bachelor's+15%
Housing tenure
51.5%
48.5%
Owner51.5%
Renter48.5%

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

2021 vs 2026

How Myerstown, PA has changed in 5 years

Income
$42,425 → $59,057
up 39.2%
Population
3,107 → 3,124
up 0.5%
Renter share
43.4% → 48.5%
+5.1 pts
Bachelor's+
9.5% → 15%
+5.5 pts
Median age
42.9 → 41.3
-1.6 yrs

Household income in the area moved from $42,425 to $59,057 across the same window, up 39.2% versus 2021. About 48.5% of households rent today, against 43.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 9.5% to 15%.

Community

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

Can you afford rent in Myerstown on your salary?

At $1,345/mo, how Myerstown rent compares to typical pay (30% rule).

By apartment size

Myerstown rent by bedroom count

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

Local insights

Tips for renters in Myerstown

About renting in Myerstown, PA

Last updated: June 22, 2026

The median rent in Myerstown is $1,345/mo as of June 2026. A studio apartment averages $910/mo while a 2-bedroom runs $1,270/mo. One-bedroom apartments average $1,000/mo and 3-bedroom units go for $1,610/mo.

At 27% of local median household income ($59,057/yr), Myerstown ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Myerstown an affordable city for renters?

Myerstown is considered affordable for renters. At $1,345/mo, rent takes approximately 27% of the local median household income ($59,057/yr). The standard benchmark is 30%. Myerstown falls comfortably within that range.

How much income do you need to rent in Myerstown?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,345/mo in Myerstown. The local median household income is $59,057/yr, meaning the typical Myerstown household meets that threshold.

Is rent going up or down in Myerstown?

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

How does Myerstown rent compare to other cities in Pennsylvania?

Myerstown is one of the more affordable cities in Pennsylvania for rent, ranking #125 out of 165 tracked cities at $1,345/mo.

Which nearby cities are cheaper to rent in than Myerstown?

Ephrata is nearby and more affordable at $1,340/mo, which is $5 less than Myerstown.

What percentage of Myerstown residents rent vs. own?

According to Census data, approximately 48.5% of Myerstown households are renters, while 51.5% are owner-occupied. Myerstown leans toward homeownership, which can mean a smaller rental inventory.

How does Myerstown rent compare to the national average?

Myerstown's median rent of $1,345/mo is $620 (32%) below the US national median of $1,965/mo. Within Pennsylvania, it ranks #125 out of 165 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,345/mo, rent takes ~27% of Myerstown's median household income ($59,057/yr). The standard benchmark is 30%.

Myerstown 27%Benchmark 30%
State income tax3.07%
Run the Myerstown affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Myerstown, PA

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