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City Report · PA

Oakmont

Pop. 6,702·140th most expensive in Pennsylvania·Rents have been falling, good time to negotiate
Median rent (all units)
$1,160/mo
Year-over-Year
Stable
Month-over-Month
-11.7%
vs US Median
-$805
Falling (Monthly)
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Most AffordableMost Expensive
Oakmont · $1,160
More affordable than 94% of US cities · National median $1,965/mo
Affordability
15% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,160/mo, rent takes about 15% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$46,000/yr
Local median income
$92,782/yr
Based on the 30%-of-income rule using Oakmont's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,010
1 BR
$1,080
2 BR
$1,300
3 BR
$1,660
4 BR+
$1,790
Research median
$1,300/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
$13,920/yr
At $1,160/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -11.7% MoM), not inventory.
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Demographics

Who lives here

Oakmont, PA is majority owner-occupied, has a large retiree population, has a median income above the national average, 58.6% of residents hold a bachelor's degree or higher.

Population
6,702
Median income
$92,782
Median age
44
Renters
44.2%
Age distribution
20.2%
14.1%
31.1%
24.4%
Under 1820.2%
18–3414.1%
35–5431.1%
55–6410.1%
65+24.4%
Gender
46.2%
53.8%
Male46.2%
Female53.8%
Race & ethnicity
93.5%
White93.5%
Black0.8%
Hispanic2.3%
Other3.2%
Education (25+)
18.3%
21.6%
58.6%
No HS diploma1.5%
HS diploma18.3%
Some college21.6%
Bachelor's+58.6%
Housing tenure
55.8%
44.2%
Owner55.8%
Renter44.2%

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

2021 vs 2026

How Oakmont, PA has changed in 5 years

Income
$73,281 → $92,782
up 26.6%
Population
6,722 → 6,702
down 0.3%
Renter share
42.3% → 44.2%
+1.9 pts
Bachelor's+
54.3% → 58.6%
+4.3 pts
Median age
45.8 → 44
-1.8 yrs

Median household income grew from $73,281 to $92,782 between 2021 and 2024, a 26.6% shift. About 44.2% of households rent today, against 42.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 54.3% to 58.6%.

Community

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

Can you afford rent in Oakmont on your salary?

At $1,160/mo, how Oakmont rent compares to typical pay (30% rule).

By apartment size

Oakmont rent by bedroom count

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

Local insights

Tips for renters in Oakmont

About renting in Oakmont, PA

Last updated: July 20, 2026

The median rent in Oakmont is $1,160/mo as of July 2026. A studio apartment averages $1,010/mo while a 2-bedroom runs $1,300/mo. One-bedroom apartments average $1,080/mo and 3-bedroom units go for $1,660/mo.

At 15% of local median household income ($92,782/yr), Oakmont ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Oakmont an affordable city for renters?

Oakmont is considered very affordable for renters. At $1,160/mo, rent takes approximately 15% of the local median household income ($92,782/yr). The standard benchmark is 30%. Oakmont falls comfortably within that range.

How much income do you need to rent in Oakmont?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (~$22/hour full-time) to afford the median rent of $1,160/mo in Oakmont. The local median household income is $92,782/yr, meaning the typical Oakmont household meets that threshold.

Is rent going up or down in Oakmont?

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

How does Oakmont rent compare to other cities in Pennsylvania?

Oakmont is one of the more affordable cities in Pennsylvania for rent, ranking #140 out of 167 tracked cities at $1,160/mo.

Which nearby cities are cheaper to rent in than Oakmont?

Several nearby cities have lower median rents than Oakmont ($1,160/mo): Arnold ($950/mo), New Kensington ($1,011/mo), Etna ($1,063/mo).

What percentage of Oakmont residents rent vs. own?

According to Census data, approximately 44.2% of Oakmont households are renters, while 55.8% are owner-occupied. Oakmont leans toward homeownership, which can mean a smaller rental inventory.

How does Oakmont rent compare to the national average?

Oakmont's median rent of $1,160/mo is $805 (41%) below the US national median of $1,965/mo. Within Pennsylvania, it ranks #140 out of 167 tracked cities.
Income Affordability
15%
VERY AFFORDABLE

At $1,160/mo, rent takes ~15% of Oakmont's median household income ($92,782/yr). The standard benchmark is 30%.

Oakmont 15%Benchmark 30%
State income tax3.07%
Run the Oakmont affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oakmont, PA

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