City Report · PA

Perkasie

Pop. 9,216·29th most expensive in Pennsylvania·Rental market data updated monthly for Perkasie, PA
Median rent (all units)
$2,219/mo
Year-over-Year
Stable
Month-over-Month
+8.2%
vs US Median
+$287
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Perkasie · $2,219
More expensive than 70% of US cities · National median $1,932/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $2,219/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$89,000/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
Fair Market Rent (HUD)
$1,820/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,219 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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($93,845) is $2,346 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,190); a 4-bedroom is $2,490.

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

Annual cost
$26,628/yr
At $2,219/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, +8.2% MoM), not inventory.
Rent check

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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

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

Can you afford rent in Perkasie on your salary?

At $2,219/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: October 17, 2026

The median rent in Perkasie is $2,219/mo as of October 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 28% 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

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 $89,000/year (about $43/hour full-time) to afford the median rent of $2,219/mo in Perkasie. The local median household income is $93,845/yr, so the typical household meets that bar.

Is rent going up or down in Perkasie?

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

How does Perkasie rent compare to other cities in Pennsylvania?

Perkasie is one of the pricier among Pennsylvania cities for rent, ranking #29 of 161 tracked cities at $2,219/mo.

Which nearby cities are cheaper to rent in than Perkasie?

Nearby cities with lower median rent than Perkasie ($2,219/mo) include Hatfield ($1,517/mo), Souderton ($1,760/mo), and Quakertown ($1,866/mo).
Income Affordability
28%
AFFORDABLE

At $2,219/mo, rent takes ~28% of Perkasie's median household income ($93,845/yr). The standard benchmark is 30%.

Perkasie 28%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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