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City Report · PA

Perkasie

Pop. 9,216·66th most expensive in Pennsylvania·Rents have been falling, good time to negotiate
Median rent (all units)
$1,795/mo
Year-over-Year
Stable
Month-over-Month
-3.6%
vs US Median
-$170
Falling (Monthly)
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Most AffordableMost Expensive
Perkasie · $1,795
More affordable than 54% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,795/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$72,000/yr
Local median income
$93,845/yr
Based on the 30%-of-income rule using Perkasie's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,390
1 BR
$1,530
2 BR
$1,820
3 BR
$2,190
4 BR+
$2,490
Research median
$1,820/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
$21,540/yr
At $1,795/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, -3.6% MoM), not inventory.
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Demographics

Who lives here

Perkasie, PA is majority owner-occupied, has a median income above the national average, 43.5% of residents hold a bachelor's degree or higher.

Population
9,216
Median income
$93,845
Median age
37.6
Renters
32.2%
Age distribution
18.3%
27.9%
24.3%
15.1%
14.3%
Under 1818.3%
18–3427.9%
35–5424.3%
55–6415.1%
65+14.3%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
91.1%
White91.1%
Black2.5%
Hispanic4.8%
Other1.5%
Education (25+)
31%
20.7%
43.5%
No HS diploma4.8%
HS diploma31%
Some college20.7%
Bachelor's+43.5%
Housing tenure
67.8%
32.2%
Owner67.8%
Renter32.2%

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

2021 vs 2026

How Perkasie, PA has changed in 5 years

Income
$86,163 → $93,845
up 8.9%
Population
9,068 → 9,216
up 1.6%
Renter share
30.4% → 32.2%
+1.8 pts
Bachelor's+
40.6% → 43.5%
+2.9 pts
Median age
38.5 → 37.6
-0.9 yrs

Local incomes tracked alongside that move, going from a median of $86,163 in 2021 to $93,845 more recently. The population has grown by 1.6% since 2021, moving from about 9,068 residents to roughly 9,216. Renters now make up 32.2% of households, compared with 30.4% five years ago. College-educated residents now make up 43.5% of adults here, versus 40.6% in 2021.

Community

Discussions about Perkasie

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

Can you afford rent in Perkasie on your salary?

At $1,795/mo, how Perkasie rent compares to typical pay (30% rule).

By apartment size

Perkasie rent by bedroom count

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

Local insights

Tips for renters in Perkasie

About renting in Perkasie, PA

Last updated: June 22, 2026

The median rent in Perkasie is $1,795/mo as of June 2026. A studio apartment averages $1,390/mo while a 2-bedroom runs $1,820/mo. One-bedroom apartments average $1,530/mo and 3-bedroom units go for $2,190/mo.

At 23% of local median household income ($93,845/yr), Perkasie ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Perkasie an affordable city for renters?

Perkasie is considered very affordable for renters. At $1,795/mo, rent takes approximately 23% of the local median household income ($93,845/yr). The standard benchmark is 30%. Perkasie falls comfortably within that range.

How much income do you need to rent in Perkasie?

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 $1,795/mo in Perkasie. The local median household income is $93,845/yr, meaning the typical Perkasie household meets that threshold.

Is rent going up or down in Perkasie?

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

How does Perkasie rent compare to other cities in Pennsylvania?

Perkasie is middle-of-the-pack for Pennsylvania for rent, ranking #66 out of 165 tracked cities at $1,795/mo.

Which nearby cities are cheaper to rent in than Perkasie?

Several nearby cities have lower median rents than Perkasie ($1,795/mo): Hatfield ($1,654/mo), Souderton ($1,675/mo).

What percentage of Perkasie residents rent vs. own?

According to Census data, approximately 32.2% of Perkasie households are renters, while 67.8% are owner-occupied. Perkasie leans toward homeownership, which can mean a smaller rental inventory.

How does Perkasie rent compare to the national average?

Perkasie's median rent of $1,795/mo is $170 (9%) below the US national median of $1,965/mo. Within Pennsylvania, it ranks #66 out of 165 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,795/mo, rent takes ~23% of Perkasie's median household income ($93,845/yr). The standard benchmark is 30%.

Perkasie 23%Benchmark 30%
State income tax3.07%
Run the Perkasie affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Perkasie, PA

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