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City Report · PA

North Wales

Pop. 3,440·66th most expensive in Pennsylvania·Rental market data updated monthly for North Wales, PA
Median rent (all units)
$1,800/mo
Year-over-Year
-4.0%
Month-over-Month
-3.6%
vs US Median
-$165
Falling (Monthly)
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Most AffordableMost Expensive
North Wales · $1,800
More affordable than 54% of US cities · National median $1,965/mo
Affordability
17% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,800/mo, rent takes about 17% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$72,000/yr
Local median income
$128,056/yr
Based on the 30%-of-income rule using North Wales's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,750
2 BR
$2,090
3 BR
$2,520
4 BR+
$2,860
Research median
$2,090/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: July 20, 2026

Annual cost
$21,600/yr
At $1,800/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.0% YoY, -3.6% MoM), not inventory.
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Demographics

Who lives here

North Wales, PA is majority owner-occupied, has a median income above the national average, 39.5% of residents hold a bachelor's degree or higher.

Population
3,440
Median income
$128,056
Median age
39.2
Renters
25.6%
Age distribution
21.2%
24.5%
28.9%
15.6%
Under 1821.2%
18–3424.5%
35–5428.9%
55–649.9%
65+15.6%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
80.8%
White80.8%
Hispanic5.2%
Asian6.5%
Other7.2%
Education (25+)
31%
24.6%
39.5%
No HS diploma4.8%
HS diploma31%
Some college24.6%
Bachelor's+39.5%
Housing tenure
74.4%
25.6%
Owner74.4%
Renter25.6%

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

2021 vs 2026

How North Wales, PA has changed in 5 years

Income
$117,750 → $128,056
up 8.8%
Population
3,386 → 3,440
up 1.6%
Renter share
22.3% → 25.6%
+3.3 pts
Bachelor's+
44.8% → 39.5%
-5.3 pts

Census figures show median household income at $128,056 today, compared with $117,750 five years earlier. The population has grown by 1.6% since 2021, moving from about 3,386 residents to roughly 3,440. Renters now make up 25.6% of households, compared with 22.3% five years ago. College-educated residents now make up 39.5% of adults here, versus 44.8% in 2021.

Community

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View North Wales rent history (2015–2026) →
Salary vs rent

Can you afford rent in North Wales on your salary?

At $1,800/mo, how North Wales rent compares to typical pay (30% rule).

By apartment size

North Wales rent by bedroom count

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

Local insights

Tips for renters in North Wales

About renting in North Wales, PA

Last updated: July 20, 2026

The median rent in North Wales is $1,800/mo as of July 2026. A studio apartment averages $1,590/mo while a 2-bedroom runs $2,090/mo. One-bedroom apartments average $1,750/mo and 3-bedroom units go for $2,520/mo.

At 17% of local median household income ($128,056/yr), North Wales ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.0% over the past year.

FAQ

Frequently asked questions

Is North Wales an affordable city for renters?

North Wales is considered very affordable for renters. At $1,800/mo, rent takes approximately 17% of the local median household income ($128,056/yr). The standard benchmark is 30%. North Wales falls comfortably within that range.

How much income do you need to rent in North Wales?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,800/mo in North Wales. The local median household income is $128,056/yr, meaning the typical North Wales household meets that threshold.

Is rent going up or down in North Wales?

Rent in North Wales has decreased 4.0% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does North Wales rent compare to other cities in Pennsylvania?

North Wales is middle-of-the-pack for Pennsylvania for rent, ranking #66 out of 167 tracked cities at $1,800/mo.

Which nearby cities are cheaper to rent in than North Wales?

Several nearby cities have lower median rents than North Wales ($1,800/mo): Hatfield ($1,654/mo), Horsham ($1,705/mo).

What percentage of North Wales residents rent vs. own?

According to Census data, approximately 25.6% of North Wales households are renters, while 74.4% are owner-occupied. North Wales leans toward homeownership, which can mean a smaller rental inventory.

How does North Wales rent compare to the national average?

North Wales's median rent of $1,800/mo is $165 (8%) below the US national median of $1,965/mo. Within Pennsylvania, it ranks #66 out of 167 tracked cities.
Income Affordability
17%
VERY AFFORDABLE

At $1,800/mo, rent takes ~17% of North Wales's median household income ($128,056/yr). The standard benchmark is 30%.

North Wales 17%Benchmark 30%
State income tax3.07%
Run the North Wales affordability calculator →
Lowest-rent ZIP codes in North Wales
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near North Wales, PA

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