City Report · PA

Myerstown

Pop. 3,124·82nd most expensive in Pennsylvania·Rental market data updated monthly for Myerstown, PA
Median rent (all units)
$1,600/mo
Year-over-Year
Stable
Month-over-Month
+19.0%
vs US Median
-$332
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Myerstown · $1,600
More affordable than 68% of US cities · National median $1,932/mo
Affordability
33% of income
MODERATE
0%30% benchmark60%+

At $1,600/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.

Income to afford
$64,000/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
Fair Market Rent (HUD)
$1,270/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,600 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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($59,057) is $1,476 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,270); a 3-bedroom is $1,610.

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

Annual cost
$19,200/yr
At $1,600/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, +19.0% 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 $1,600/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: September 25, 2026

The median rent in Myerstown is $1,600/mo as of September 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 33% of local median household income ($59,057/yr), Myerstown ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

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 $64,000/year (about $31/hour full-time) to afford the median rent of $1,600/mo in Myerstown. The local median household income is $59,057/yr, so the typical household falls short of that bar.

Is rent going up or down in Myerstown?

Rent in Myerstown has been roughly flat over the past year, a 0.0% change.

How does Myerstown rent compare to other cities in Pennsylvania?

Myerstown is in the middle among Pennsylvania cities for rent, ranking #82 of 163 tracked cities at $1,600/mo.

Which nearby cities are cheaper to rent in than Myerstown?

Nearby cities with lower median rent than Myerstown ($1,600/mo) include Ephrata ($1,401/mo), Lebanon ($1,453/mo), and Akron ($1,545/mo).
Income Affordability
33%
MODERATE

At $1,600/mo, rent takes ~33% of Myerstown's median household income ($59,057/yr). The standard benchmark is 30%.

Myerstown 33%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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